Startup México grew to become a strategic business ally of Credijusto to finance companies within the acceleration stage.
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Marcus Dantus from Startup México joins the fintech Credijusto with the purpose of enhancing the alternatives of Mexican entrepreneurs. By way of this alliance, they may provide instruments that vary from consulting to funding a enterprise mortgage.
The well being disaster has had devastating results within the financial and social sphere, and SMEs had been particularly affected: 73% decreased their earnings, for 47% the demand fell, and most of them noticed the necessity to scale back employees and reduce each remuneration and advantages. The consequence: greater than one million small and medium-sized corporations —21% of the overall— closed completely within the final yr, and 23% closed quickly.
For that reason, the strategic alliance between these two corporations seeks to advise and supply monetary options to small and medium-sized corporations within the nation. The loans they may grant vary from 200,000 to 30 million Mexican pesos with customized rates of interest and phrases of as much as 4 years.
“One of many primary issues that SMEs and entrepreneurs are experiencing right now is the problem in accessing credit score, which right now is much more vital, particularly after a disaster such because the pandemic that we’ve simply skilled; After looking and learning completely different monetary establishments, we’re inclined to make an alliance with Credijusto, since for us it represents the most suitable choice for each its companies and merchandise, to help these companies to acquire loans that enable them a speedy restoration and progress by way of future”; commented Marcus Dantus, CEO and founding father of Startup México.
Credijusto is a fintech that has been supported and financed by fairness banks similar to Goldman Sachs and Credit score Suisse, and lately has centered on providing monetary merchandise similar to credit score, secured and unsecured, leasing and factoring for corporations.
“Becoming a member of efforts with Marcus, who has an ideal imaginative and prescient of making alternatives and selling the expansion of corporations in Mexico aligns and reinforces the rules of Credijusto, the place by way of customized recommendation and financing we search to be a monetary ally for entrepreneurs. Collectively we wish to speed up the expansion and success of the entrepreneurs of the long run ”, stated Allan Apoj Pascal, co-CEO and co-founder of Credijusto.