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Financing SMBs

Does Your Credit Score Influence Credit Approval?

The credit score is one of the most important elements when lenders determine if there is viability to grant credit to an applicant, if it is better to reject it, or impose certain special conditions. According to figures from the National Business Financing Survey (ENAFIN), it was estimated that of...

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Mexico SMBs

11 Essential Financial Concepts for Entrepreneurs

Financial concepts must be considered as something fundamental within any company. Having a full understanding of these facilitates the elaboration of strategies in order to make the operation and profitability of a business more efficient. According to a 2022 Ipsos report, it was estimated that 55% of the Mexican adult...

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Financing Growth Mexico SMBs

Powering Expansion: Jorge’s Success Story with Pymes Capital

Tultitlan, Mexico City, June 2023   Meet Jorge, an inspiring entrepreneur from Tultitlan, Mexico City, who experienced a remarkable transformation in his minimarket partnering with Pymes Capital. Jorge faced the common challenge of not having enough funds to buy products for his store, which limited the growth of his business....

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Financing Growth SMBs

How fintechs help manage cash flow?

Cash flow is of great importance for any business, in addition, it is the indicator of how money moves as part of its operation. This involves a process that can sometimes be complex, and this is where fintech companies come in to lighten the load. Financial technologies have arrived to...

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Growth SMBs

A good internet can help boost the sales of an SME

By Selectra México The online presence provides businesses with a series of benefits that can boost their growth and improve their profitability, this is due to the increasing dependence of consumers to make use of online services. Whether your business is a small local store or a global company, finding...

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SMBs

Liquidity problems of a company: causes and solutions

A company's liquidity problems appear when the business does not have the capacity to meet its debts and other obligations that require capital to be met. According to data estimated by "Radiografía del emprendimiento", 29% of the reasons for failure of an SME are related to poor administration, and this...

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