SME lending revival sparks investor momentum

Small and medium-sized enterprises (SMEs) are one of the country's big slopes, and banking and financial authorities must recognize it in order to close the credit access gaps that prevail in this sector, said Édgar Amador Zamora, Secretary of Finance and Public Credit (SHCP). "One of the most important activities that we have to support is the development of micro, small and medium-sized enterprises. "It is very important that the country's fin…

Nuevo Vallarta, Nayarit.- In Mexico, 99.2 percent of companies are in the micro, small and medium-sized segment (MiPymes) which is positive, but requires greater efforts to boost them, said Altagracia Gómez, coordinator of the Business Advisory Council of the Government of Mexico. “Banks are not doing enough, the government is not doing enough, the companies that we interact with MiPymes are not doing enough. Plan Mexico’s invitation is that we …

UK FinTech lender Juice raises £25m to back SME founders with non-dilutive capital

Juice, a UK-based FinTech platform focused on alternative lending for digital entrepreneurs, has secured £25m in new funding to accelerate its mission of unlocking capital for underserved SMEs.

SME lending revival sparks investor momentum

As global trade dynamics evolve, small and medium-sized enterprises (SMEs) are emerging as pivotal players in economic resilience. Recent trends indicate a resurgence in SME financing, presenting investors with strategic avenues for engagement. The global landscape is witnessing a notable uptick in SME financing, driven by a confluence of factors reshaping traditional lending paradigms. Fintech platforms have ascended as primary capital sources …

Reading time approx.: 3 minutes, 8 secondsThe Association of Banks of Mexico that, for the first time, will participate in working tables with federal government entities to boost credit for small and medium-sized enterprises (SMEs) assured that the participation of the Bank of Mexico in these talks is justified because, in addition to being responsible for the monetary policy of this country, it is also responsible for the entire payment system.

Link imageNew Nayarit-Vallarta.- Regulatory changes to simplify requirements and reduce informality, are two of the fronts that contemplate the agreement that will be signed this Thursday by the federal government and the Association of Banks of Mexico (ABM), to promote greater financing to the micro, small and medium enterprises (mipymes) of the country.In the framework of the 88 Banking Convention, Julio Carranza, president of the ABM explaine…