Surely like many other people you search loans for entrepreneursPerhaps because you plan to start an enterprise or you need money to buy what you have been dreaming of for a long time and that will be your capital asset so that you can start your business, but you cannot because it does not have enough liquidity to be able to fulfill it.
Regardless of the reason why you are looking for them, you need to know where to go with all the details so that you can go with all the information already known and evaluated, so …
Where to get loans for entrepreneurs
Therefore, first of all you should know that the government grants loans for entrepreneurs for several years through Nacional Financiera. The product is called …
Young Credit
Young credit is the loan offered by the Mexican government through programs called Incubators.
Young credit Online incubation for loans for entrepreneurs
- From these programs you receive the support you need to start your venture with the money for investment.
- It also has the advantage that you can calculate your credit immediately when entering its official website, that is, without leaving your home, with your computer and the internet connection you can enter the website and do the calculation. of your credit.
- Young credit offers you financing that starts from 50 thousand Mexican pesos to 150 thousand Mexican pesos, with a repayment term of up to 48 months, at a fixed annual interest rate of 13%.
- On the other hand, it has the advantage that you can make advance payments without fear of being charged penalties
Young credit Face-to-face incubation for loans for entrepreneurs
You can also access the young incubation credit in person, since they offer you loans from 150 thousand Mexican pesos to 500 thousand Mexican pesos, with a fixed annual interest rate of 13% with a repayment term of up to 4 years.
Credit to grow for loans for entrepreneurs
1.Credit to grow is also another type of government loan intended not only for entrepreneurs but also for business owners who need to expand it, either to improve the image of the business with more merchandise or to increase the number of employees, etc.
- In other words, if you have a formal business that you plan to expand, make it grow, this is the loan that can be for you and you can also calculate it online.
- You can request a money loan for an amount of up to 300 thousand Mexican pesos with a fixed annual interest rate of 13% and with a repayment term of up to 36 months.
Requirements
- Present original and copy of the official identification in force.
- Original proof of tax situation.
- Original and copy of proof of address that is not older than 3 months.
- Original of the request for the consultation in one of the credit information companies.
- Original of the information required by financial intermediaries.
- With all the documentation you can go in person to the Santander bank branch that is closer to your home or call toll free in Mexico City and the interior of the Republic at 01 800 2000 215 or you can also write to the email [email protected]
Provides Simple SoFO for loans for entrepreneurs
They are loans with plans that incorporate Resolvent credit, Simple Credit, Pure and financial lease credit, franchise credit and factoring credit.
Loans for young entrepreneurs
They are loans for entrepreneurs backed by Nacional Financiera without the need for a credit guarantee and intended for people between the ages of 18 and 30 who want to start a business from an amount of up to 150 thousand Mexican pesos at an annual interest rate of 9.9% to be paid with a return period of 4 years.
SoFOM Business Portfolio Loans for Entrepreneurs
It offers you loans with an amount from 500 thousand Mexican pesos up to 10 million Mexican pesos. But to access this type of loan you must have a company already established and with an antiquity that is not less than 2 years.
CrediJusto loans for entrepreneurs
It offers you loans designed for SMEs for an amount from 150 thousand Mexican pesos with an annual interest rate of 36.2%
Loans for young entrepreneurs
As loans for young entrepreneurs you have;
Your first credit
- Your first loan is a loan that the government offers you if as a young person you cannot obtain it from a financial institution. You apply by completing the online incubation program and through INADEM’s Entrepreneur Support Network project. At the end of the project it is evaluated and can be approved.
- Then you will take a financial training module from NAFINSA, an institution that will keep in touch with you to finalize the loan process.
- In this way you can request a loan for an amount from 50 to 150 thousand Mexican pesos, but you can also choose the option of an incubator plan that allows you to access a loan from 150 to 500 thousand Mexican pesos with the condition that you contribute 20% of the investment, and say that you need to have a 20% down payment.
Young SME credit
- With young SME credit you can access a loan of up to 2.5 million Mexican pesos, for which you must contact NAFINSA, since it is the institution that evaluates the granting of credit.
Young credit inadem
- You can access the young inadem credit if you are between 18 and 35 years old.
- Its objective is to obtain credit to start an enterprise or if you already have a business and you intend to make it grow.
- Backed by the federal government, it has a preferential interest rate and is granted with the collaboration of NAFIN and INADEM.
- You can access a loan for an amount from 50 thousand Mexican pesos to 2.5 million Mexican pesos.
Financing institutions
As financing institutions you have …
Santander
- Santander offers you Super business credit oriented to the REPECOS regime with the aim of expanding your business inventory, buying raw materials, paying suppliers, increasing working capital, etc. You can obtain up to 200 thousand Mexican pesos without endorsement and with an annual interest rate of 16.51% with a repayment term of up to 48 months.
- It also offers you Agile Credit coverage that is a resolving credit through a credit card in order to face the operating costs of your business, acquire merchandise, etc. It offers you a loan for a value that starts from 50 thousand Mexican pesos to 4 million Mexican pesos with an annual interest rate of 17.11% with a repayment term of 12 months.
Credits for entrepreneurs
In Mexico there are several loan options for entrepreneurs to support your idea either through private or public programs, for example …
- NAFIN, is Nacional Financiera, offers you training so that you can carry out your business idea or if you have already legally established your business and want it to grow, for which it can grant you a loan according to your needs.
- Kubo Impulso, also offers you loans for the purchase of machinery equipment, merchandise or to expand your business premises as long as you reside in the metropolitan area or in the Federal District.
- Inadem; Instituto Nacional del Emprendedor offers you loans of up to 4 million Mexican pesos for the promotion of your company to increase sales capacity. To obtain it you must have a formal business established and also when requesting it you must present the detail of your goals and objectives.