Credijusto reported the launch of a credit alternative for companies in Mexico, with which it seeks to offer a totally digital option with benefits to help their growth.
This is the Covalto American Express Business Card, a product that Credijusto seeks to offer to entrepreneurs so that they have greater control and visibility of their companies’ expenses, free of annuity, without commissions and that returns in cashback 1% of your purchases.
“65.8% of the companies in the country used supplier financing, 34.3% used a commercial bank loan, and on the other hand, 46% of the companies with up to 100 employees have bank loans, which have a perception of the The conditions of the amounts offered are not the most favorable ”, according to the Quarterly Survey of Economic Evaluation of the Credit Market carried out by Banco de México from January to March 2021, cited in the statement by Credijusto.
Said card, according to Credijusto, is one of the solutions to transform the credit market and favor the financial context of companies through the elimination of commissions and annuities that are considered as a factor that affects the liquidity of companies, impacting in making decisions to request or not a credit product.
To support its launch, the firm teamed up with the shark Marcus Dantus to create an advertisement that shows the reality of the Mexican credit sector, in which annuities, high interest rates, ignorance of the client and the small letters in contracts.
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“Our card will be the solution that will help to simplify the management of their finances, while allowing them to control and reduce their expenses in a simple way through a mobile application,” said Allan Apoj, Co-CEO of Credijusto, according to the document. .
Meanwhile, David Poritz, Co-CEO of Credijusto, highlighted that with this new credit card they will drive the evolution of the sector, by providing digital financial tools that offer their clients reliable solutions, that allow them to have healthy finances and that help them continue their growth.
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