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Mexico

The government will grant extra USD 70m to support...

Ministry of Finance of Mexico is planning to provide an additional USD 70 million to support 70 000 SMEs. (more…)

#bank#economy#Jobs

Standard and Poors downgrades Factoring Corporativa

Rating agency Standard and Poors (S P) has downgraded its rating of Mexican factoring firm Factoring Corporativo S.A de C.V.…


IFC supports SMEs in Mexico through FinTerra

IFC, a member of the World Bank Group, has signed an agreement to support FinTerra in its efforts to develop…


PrimeRevenue and Bancomext announce Supply Chain Finance partnership

PrimeRevenue and Bancomext, Mexico s National Bank of Foreign Trade, have agreed upon a partnership to extend Supply Chain Finance…

#bank#capital requirements#supply chain finance


Scotiabank to enter SME finance market

Scotiabank Mexico is to enter the SME finance market this year with the introduction of a cash flow lending model,…

#bank#cash-flow#SME lending


Bank lending to SMEs up 150 per cent over...

Mexico's banks increased credit granted to SMEs by 150 per cent in nominal terms over the last four years, despite SEND…

#bank#banks#crisis


HSBC Mexico aims to increase SME lending

HSBC Mexico has announced it is to focus on SME lending this year in a bid to significantly increase its…

#bank#investment#small businesses


Factoring in Mexico – World Factoring Yearbook

Bart Pattyn, Regional Managing Director, Coface Latin America and President, Coface Factoring Mexico and Veronica Sotelo Enriquez, Factoring Manager, Coface…


Value Factoraje to merge with fellow Value Grupo subsidiary

Value Grupo Financiero is to merge its factoring subsidiary Value Factoraje with (more…)

#leasing


CFA and Mexican Factoring Association announce partnership

The Commercial Finance Association and the Mexican Factoring Association have announced a partnership to promote educational and networking initiatives within…


HSBC and Euler team up to provide account receivables

HSBC s Mexican Commercial Banking unit and Euler Hermes Mexico have teamed up to offer HSBC customers a dedicated risk…


Demand for Working Capital Solution triggers new partnership

PrimeRevenue, on of the leading providers of supply chain finance solutions, is extending its offering in Latin America through a…

#bank#international#International Trade

SME sector to be prioritised in financial investments

The President of the Association of Mexican Financial Entities has announced that a new funding program is being created to…

#bank#crisis#funding

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