Who provides loans for entrepreneurs?
Posted: Mon Jan 06, 2025 9:15 am
If you are looking for someone to lend you money to start a business in Mexico or Argentina, you should know that there are multiple solutions to obtain support for entrepreneurs . Here we list some of the best known:
Banking Institutions
Financial institutions
Savings banks
Government agencies
Non-governmental organizations
Boost your brand by creating your own online store.
How to get a loan for entrepreneurs in Mexico?
Although each institution or financial entity is different, there are various methods to obtain a loan for entrepreneurs . Here I list some of the elements that you should take into account if you want to obtain financing for SMEs.
Make sure your company documents are in order.
Prepare your company's RFC, as well as the Articles of Incorporation.
Avoid having a bad credit history in the Credit Bureau.
Prepare a business number database plan (in case you are asked what you plan to use the amount you request for).
Meet the requirements requested of you.
Requirements for loans for entrepreneurs
Although each entity has its own rules, the requirements for loans for entrepreneurs are usually similar. These are some of the basic elements that they may ask you for:
Official identification with photograph (INE, Passport, etc.)
CURP
RFC registered with the SAT
Proof of address
One or two jointly liable parties
Credit application signed and stamped by the financial institution
Before submitting your application, make sure you have read all the requirements for the credit or loan you wish to obtain. This will help you avoid problems that can lengthen the process of your application.
Caution! Before providing your personal data, ask about the treatment that will be given to your personal data. They are sensitive and high-value elements that must be safeguarded appropriately.
Banking Institutions
Financial institutions
Savings banks
Government agencies
Non-governmental organizations
Boost your brand by creating your own online store.
How to get a loan for entrepreneurs in Mexico?
Although each institution or financial entity is different, there are various methods to obtain a loan for entrepreneurs . Here I list some of the elements that you should take into account if you want to obtain financing for SMEs.
Make sure your company documents are in order.
Prepare your company's RFC, as well as the Articles of Incorporation.
Avoid having a bad credit history in the Credit Bureau.
Prepare a business number database plan (in case you are asked what you plan to use the amount you request for).
Meet the requirements requested of you.
Requirements for loans for entrepreneurs
Although each entity has its own rules, the requirements for loans for entrepreneurs are usually similar. These are some of the basic elements that they may ask you for:
Official identification with photograph (INE, Passport, etc.)
CURP
RFC registered with the SAT
Proof of address
One or two jointly liable parties
Credit application signed and stamped by the financial institution
Before submitting your application, make sure you have read all the requirements for the credit or loan you wish to obtain. This will help you avoid problems that can lengthen the process of your application.
Caution! Before providing your personal data, ask about the treatment that will be given to your personal data. They are sensitive and high-value elements that must be safeguarded appropriately.