Undertaking is an act of courage and even faith. Surely as a business owner you have faced sleepless nights thinking about how to solve a situation. Maybe how to sell more, how to find better suppliers or even how to pay the payroll.
You’ve probably made it past the dreaded two years and are even thinking about growing the business. Undoubtedly, there are many issues to consider: adapt the model or create new lines of business to have more sources of income, attract more customers, open a second branch.
To take this step you need liquidity. However, it is precisely the lack of it that is the main cause of failure of Mexican ventures, as revealed by the Radiografía del Emprendimiento en México 2021, with 35% of cases, followed by mismanagement of the business with 29%.
Win the liquidity battle
Aware that the lack of liquidity is one of the main obstacles for micro, small and medium-sized companies, BBVA gives you the financing tools to grow your business.
Now you have a One-Click Credit as an ally, so that through digital banking you can begin to solve the management of your money from the palm of your hand. Yes, because with the BBVA App you can forget about the long lines at the branch and pay your salary or even request a loan to continue the development of your company or to solve any difficulty, such as repairing a machine or paying for a service.
An advance of your sales
With these types of tools, BBVA becomes a true ally of thousands of entrepreneurs who have become true heroes and are the support of the country.
Did you know that in Mexico of the 4.9 million establishments in the private and parastatal sector, 99.8% are considered micro, small and medium-sized enterprises (MiPymes)? As a whole, this segment employs 27 million people, according to figures from the Inegi.
BBVA created another weapon to help business owners have access to a loan without so many paperwork or documentation, and to make it easier for them to have the requested capital more quickly and simply.
It is an advance of your sales, that is, an option so that, through the point of sale terminal (POS) of your business, you have the opportunity to request a credit.
This option allows you to simulate the amount before requesting your credit and thus know its conditions. The credits range from 25,000 pesos, up to 1.2 million pesos. The amount varies depending on the business objectives.
In this way, BBVA becomes the ally of your victories. Learn more here.
BBVA creating opportunities.