Startup MÃ©xico has become a strategic business ally of Credijusto to finance companies in the acceleration phase.
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May 19, 2021
3 min read
Marcus Dantus of Startup MÃ©xico join the fintech Credijusto with the aim of improving the opportunities of Mexican entrepreneurs. Through this alliance, they will offer tools ranging from advice to financing a commercial loan.
The health crisis had devastating effects in the economic and social sphere, and SMEs were particularly affected: 73% decreased their income, for 47% the demand decreased, and most of them saw the need to reduce staff and minimize both pay and benefits. As a result, more than a million small and medium-sized businesses – 21% of the total – closed permanently last year and 23% closed temporarily.
For this reason, the strategic alliance between these two companies aims to advise and provide financial solutions to small and medium-sized enterprises in the country. The loans they will provide range from 200,000 to 30 million Mexican pesos with personalized interest rates and terms of up to four years.
âOne of the main problems facing SMEs and entrepreneurs today is the difficulty of accessing credit, which is even more necessary today, especially after a crisis such as the pandemic we have just experienced; After researching and studying different financial institutions, we are inclined to make an alliance with Credijusto, as it represents for us the best option for its services and products, to help these companies obtain loans that allow them a quick recovery and a future growth. “; commented Marcus Dantus, CEO and founder of Startup MÃ©xico.
Credijusto is a fintech that has been backed and funded by private equity banks such as Goldman Sachs and Credit Suisse, and has focused in recent years on offering financial products such as credit, secured and unsecured, the leasing and factoring for businesses.
âUniting our efforts with Marcus, who has a great vision of creating opportunities and promoting business growth in Mexico, aligns and strengthens the principles of Credijusto, where, through personalized advice and funding, we seek to be a financial ally for entrepreneurs. Together, we want to accelerate the growth and success of the entrepreneurs of the future â, declared Allan Apoj Pascal, co-CEO and co-founder of Credijusto.