Loans for fintech entrepreneurs
Posted: Mon Jan 06, 2025 9:16 am
If banks don't offer you the solution you're looking for, fintechs can be the ace up your sleeve you need to win the poker hand.
A fintech is a company dedicated to offering financial products and services through digital platforms, increasingly strengthened and preferred by users, due to the flexibility they have and the innovative proposals they make through their services that end up being more attractive or at least being the alternative for thousands of users tired of the options offered by banks.
If you prefer to manage your SME credit with a fintech, these 8 financial institutions that provide business loans are something you should consider.
I trust
At Konfío you can obtain a loan for SMEs from $100,000 MXN to $3,000,000 MXN, all 100% online and without the need for guarantors or collateral.
However, you need a registered RFC with the Treasury, either under the regime of Natural Person with Business Activity or Legal Entity, in addition to 6 months of billing to be eligible number database for financing. The average APR can vary from 32.4% to 36.8% depending on the product you choose. Find out more here .
Market Payment
If you already have an account in Mercado Pago, you can request a loan for your business , in one of its 2 modalities:
Fixed Installment Loan
Money Plus
The first financial product can lend you up to $4,000,000 MXN while the second has a limit of $250,000 MXN. To apply for them, you must sell more than $500 MXN per month on Mercado Libre or Mercado Pago, have good payment behavior and a good reputation if you sell on Mercado Libre. Check out more about this option here .
Learn more...
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Xepelin
If you need to pay your invoices in advance, Xepelin gives you the option to finance the amount of the payment from the day the invoice is generated until the client pays you.
You can obtain approval for your credit in less than 24 hours by simply registering on the platform and having your SAT CIEC Consultation Key. Learn more about this option here .
Loans for fintech entrepreneurs.
Affluent
At Afluenta you can apply for a loan for SMEs of up to $300,000 MXN with terms of up to 48 months. To apply, you must demonstrate a net monthly income of $7,000 MXN, a good credit history, have a bank account, an email address, and a cell phone number.
A fee is charged for using the platform, a fee for managing installments, as well as other expenses related to the loan application. You can learn more about this solution here.
A fintech is a company dedicated to offering financial products and services through digital platforms, increasingly strengthened and preferred by users, due to the flexibility they have and the innovative proposals they make through their services that end up being more attractive or at least being the alternative for thousands of users tired of the options offered by banks.
If you prefer to manage your SME credit with a fintech, these 8 financial institutions that provide business loans are something you should consider.
I trust
At Konfío you can obtain a loan for SMEs from $100,000 MXN to $3,000,000 MXN, all 100% online and without the need for guarantors or collateral.
However, you need a registered RFC with the Treasury, either under the regime of Natural Person with Business Activity or Legal Entity, in addition to 6 months of billing to be eligible number database for financing. The average APR can vary from 32.4% to 36.8% depending on the product you choose. Find out more here .
Market Payment
If you already have an account in Mercado Pago, you can request a loan for your business , in one of its 2 modalities:
Fixed Installment Loan
Money Plus
The first financial product can lend you up to $4,000,000 MXN while the second has a limit of $250,000 MXN. To apply for them, you must sell more than $500 MXN per month on Mercado Libre or Mercado Pago, have good payment behavior and a good reputation if you sell on Mercado Libre. Check out more about this option here .
Learn more...
Article
How to sell on Mercado Libre? The definitive guide to success
Image from: How to sell on Mercado Libre? The ultimate guide to success
Xepelin
If you need to pay your invoices in advance, Xepelin gives you the option to finance the amount of the payment from the day the invoice is generated until the client pays you.
You can obtain approval for your credit in less than 24 hours by simply registering on the platform and having your SAT CIEC Consultation Key. Learn more about this option here .
Loans for fintech entrepreneurs.
Affluent
At Afluenta you can apply for a loan for SMEs of up to $300,000 MXN with terms of up to 48 months. To apply, you must demonstrate a net monthly income of $7,000 MXN, a good credit history, have a bank account, an email address, and a cell phone number.
A fee is charged for using the platform, a fee for managing installments, as well as other expenses related to the loan application. You can learn more about this solution here.