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Financing SMBs

4 Common mistakes when seeking financing for your business

Liquidity and solvency are critical for all businesses, but especially for SMBs. As a result, before taking the step of seeking funding, it is critical to understand what mistakes to avoid when seeking funding and how to get the most out of these funds.   The most common mistakes made...

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Mexico Online Financing SMBs

4 Online Financing Characteristics You Should Know

Credit and financing sources for small and medium businesses are an essential component for any business's growth, profitability, and success, as they can propel their strategies and plans to achieve their commercial goals. However, it is important to understand the various types of financing available in Mexico to businesses, as...

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SMBs

How Do I Grow My Business? 5 tips you need to know

When starting a new business, there may be a variety of unknowns, such as where to start, what strategies to use, or how to grow a business. Although everything seems daunting and requires time for each step, there are several measures and recommendations to take in order to achieve and...

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Financing Online Financing SMBs

What financial alternatives are available for SMBs?

The ability to access resources for growth, resolving cash flow issues, developing new services, and expanding to new markets are just a few of the reasons why financing for SMBs is becoming more and more popular. According to Banxico, 77.2% of businesses are expected to use some type of credit...

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Financing SMBs

The challenges SMBs have in finding financing sources

SMBs are actively seeking financing in Mexico since they have always needed to have access to sufficient resources to avoid economic hardships, maintain their growth, and properly develop their goods or services. According to the findings of the Evolución del Financiamiento a las Empresas, 34.9% of businesses used commercial bank credit...

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