Fynsa
Export invoices are a financing alternative that allows exporting companies to obtain immediate liquidity, mitigating financial risks and improving their cash flow without incurring additional debt.
Although few companies use it, factoring in Mexico is projected to double in size by 2033, driven by fintechs and the demand for working capital.
SMEs represent 99.8% of companies in Mexico and generate more than 70% of formal employment, but they continue to face structural barriers. The plan promoted by Claudia Sheinbaum's government proposes a new approach to boost their productivity and growth.
While large companies are breathing, SMEs and real estate companies are still struggling for oxygen. Bank credit looks like a party with a VIP list: few guests, many waiting outside. But there are other doors, if we know where to knock.
Greater demand for liquidity and a more robust regulatory environment have favored the development of this financial instrument in the Andean country.
Wouldn't it be better for non-bank institutions, such as private debt funds, which have historically financed SMEs, to do so on the backs of FOGAPE?
