ADVERTISEMENT

DON'T MISS OUR PREMIUM CONTENT

SUBSCRIBE
LOGIN
T21
  • Login
  • Register
  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinion
  • Magazine
  • ESG
No Result
View All Result
  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinion
  • Magazine
  • ESG
No Result
View All Result
T21
No Result
View All Result
Home FEATURED

Sofomes take Advantage over Traditional Banks and Boost Trucking

Sofomes provide agile, flexible, and customized financial solutions for small businesses and trucking companies.

T21 Media by T21 Media
12 June, 2024
5
SHARES
ShareShareShare

Sofomes toman ventaja ante banca tradicional e impulsan el autotransporte

The challenges for small and medium-sized enterprises (SMEs), including those in the transportation sector, persist, and they have found in non-bank financial institutions, such as Sofom, Sofipo, fintech, among others, an increasingly viable alternative to obtain financing.

According to recent data from Serfimex Capital, these institutions have increased their participation as a source of financing for companies by almost 70%, going from being an option for 3.5% of companies in 2020 to 5.9% currently. This percentage rises to 8.7% among companies with more than three years of operation, positioning them as the third most important source of financing after banks.

Alejandro Macin, Business Director of Serfimex Capital, explained that Sofomes emerged in 2006 with the objective of supporting 90% of productive units in Mexico, especially SMEs. “Sofomes initially emerged to support the SME sector because we detected a lot of backlog there that banks were not able to address or understand, so we first focused on customer service and response times,” commented Macin.

Alejandro Macin, Business Director of Serfimex Capital.

For the transportation sector, Sofomes offer significant advantages that can make a big difference in unit renewal and working capital management.

In this regard, Macin commented that in the case of Serfimex, “we work with all brands. Generally, brand financiers force you to buy from their brand, but if a customer tells us they are looking for a truck of a certain tonnage, we present them with options from different brands, where they can choose the best option in terms of price, fuel consumption, efficiency, etc. And by working with all brands, we obtain some discounts,” he explained.

In terms of financial products, Macin pointed out that at Serfimex they only carry out pure lease and credit operations, they do not handle factoring, while the requirements are that the company has two years of incorporation, sales above 15 million pesos (mdp), and a good credit history, among others.

Sofomes also allow flexibility in payment terms that is crucial for the transportation sector, where capital turnover is vital. “At Serfimex, the average terms are from 12 to 60 months for credits and leases, with amounts ranging from 500 thousand to operations exceeding 100 million pesos,” Macin detailed.

Furthermore, in Sofomes like Serfimex, the possibility of leasing different types of assets is offered, such as racks, warehouse equipment, and forklifts, providing a leasing line in which the client can dispose of their logistics chain as needed.

Sofomes are also expanding geographically in Mexico, with a focus on areas such as the southeast and the central region of the country. “The geographical areas where we are growing significantly are the southeast, especially in the tourist transportation sector and personnel transportation for hotels, and the central and Bajío areas for the last mile,” Macin said.

Looking ahead, Serfimex is committed to sustainability. “We are very committed to the whole ecological issue, seeking to reduce CO2 emissions and betting on electric and hybrid vehicles. In addition to the fact that operating expenses are much lower with these types of units,” Macin affirmed.

Thanks to factors such as nearshoring, it will continue to drive growth in the coming years, highlighting the importance of implementing actions that directly support SMEs, thereby contributing to strengthening the economic environment and facilitating their establishment, growth, and consolidation to meet the growing market.

Sofomes represent a viable and strategic alternative for SMEs, especially in the transportation sector, offering agile, personalized, and flexible financing that responds to their specific needs, thus facilitating unit renewal, working capital management, and operational sustainability.

Comment and follow us on X:  @karinaquintero / @GrupoT21

Tags: PymesSerfimex CapitalSofomesTransportation

Related news

No Content Available
Next Post
Mexico-Toluca Train set to be Profitable with 120 Thousand Passengers per day: Sict

Mexico-Toluca Train set to be Profitable with 120 Thousand Passengers per day: Sict

Maersk Joins Aolm

Maersk Joins Aolm

Featured Video

https://www.youtube.com/watch?v=9df6l4A59pk

Most Read

  • Grupo México Transportes shares close higher after announcing a possible delisting from the Mexican Stock Exchange (BMV).

    Grupo México Transportes shares close higher after announcing a possible delisting from the Mexican Stock Exchange (BMV).

    5 shares
    Share 2 Tweet 1
  • Coppel changes its image and evolves towards the digital age

    5 shares
    Share 2 Tweet 1
  • The Ministry of Economy suspends a company for alleged irregular steel imports.

    5 shares
    Share 2 Tweet 1
  • PINFRA negotiates with global giant for sale of Altamira Port terminal

    5 shares
    Share 2 Tweet 1
  • Manufacturing industry output falls in January, marking two consecutive months of decline.

    5 shares
    Share 2 Tweet 1
  • PORT LAREDO, LOGISTICS HUB FOR TRADE BETWEEN MEXICO AND THE US

    5 shares
    Share 2 Tweet 1

Web Stories

Ver todas
índice de Confianza del Transporte y Logística – Cuarto trimestre 2023
10 destinos de exportación de vehículos pesados 2023
Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023
La venta de vehículos pesados rompe récord en 2023
5 marcas de camiones más vendidas

Categories

  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinion
  • Magazine

Other Links

Contact Us
Advertising contact
Media Kit
Privacy Policy
Cookies policy
  • Contact Us
  • Privacy Policy
  • Cookies policy (EU)

© 2024 T21-US - All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage cookie consent
To offer the best experiences, we use technologies such as cookies to store and/or access device information. Consent to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Failure to consent, or withdrawal of consent, may adversely affect certain features and functions.
Funcional Always active
El almacenamiento o acceso técnico es estrictamente necesario para el propósito legítimo de permitir el uso de un servicio específico explícitamente solicitado por el abonado o usuario, o con el único propósito de llevar a cabo la transmisión de una comunicación a través de una red de comunicaciones electrónicas.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Estadísticas
El almacenamiento o acceso técnico que es utilizado exclusivamente con fines estadísticos. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
El almacenamiento o acceso técnico es necesario para crear perfiles de usuario para enviar publicidad, o para rastrear al usuario en una web o en varias web con fines de marketing similares.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Ver preferencias
{title} {title} {title}
No Result
View All Result
  • Aerial
  • Automotive
  • Land
  • Railway
  • Maritime
  • Logistics
  • Economy
  • Technology
  • Opinión
  • Magazine
  • ESG

© 2023 T21. Todos los derechos reservados

Cookies on this website are used to personalize content and ads, provide social media features and analyze traffic. Additionally, we share information about your use of the website with our social media, advertising and analytics partners who may combine it with other information that you have provided to them or that they have collected from your use of their services. Learn more at Privacy Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas