4.-Monetizing
Depending on the bank, there are different ways to do it. In loans of less than 400,000 pesos most requested no financial statements which is an advantage for SMEs that do not even have a counter.
5.-Pesos or dollars, that is the dilemma
“The company does not generate a harakiri dollars if the borrowing in that currency because the exchange rate can shoot up debt,” the expert said Calderon.
This credit is recommended only for businesses that generate dollars, if not “it is not worth it.”
Currently recommended weight gain funding for the benefit of the exchange rate, you will get a lower debt.
6 .- Can I buy short or long term?
Failure to define the destination and period of credit is a mistake that you can be very expensive.
This usually occurs to SMEs due to lack of products for your needs.
If you are buying an asset (property, machinery, etc.), You should not short-term finance, always long, because if your flows are illiquid by high payments.
If you choose the long term your payments will be smaller, so you will allow the company to have sufficient capital to continue growing. Hence the importance of defining the target.
The tip
Remember this rule: the working capital required for short-term loans. Fixed assets are financed long.
The variable rate is recommended for short-term loans, less than a year. If you’re buying machinery, a car or a building, your loan must necessarily be a fixed rate, unless you want to have problems later.
It is advisable to borrow in pesos, as “more of everything you agree to everything.”
If this is your case, still checking credit are subject to income through annual tax returns or bank statements.
Commercial banks to avoid tax strategies, requests actual financial statements and statements, as based on the deposits may see that the company has flows and thus give greater credence.
The tip
If your financial structure is very bad, no financial statements, simply deposit in your bank statements you can access financing. Obviously the best you have and your financial situation, most banks will want you to pay and credit will be higher.
If you already have “banks will ask you to take the Special Credit Bureau to settle the debt and be subject to new funding,” advises the executive.
The tip
If your company or business is registered as a Society and one of the major shareholders have problems with the Bureau, you can donate your shares to another person can get the financing.
The tip
It is important to high society, or a company and not a natural person with business activity, because when it reaches 70 years no institution will provide financing. For example, if a company gives the shareholder the shares to a younger, the company can continue to obtain credit.
Source: www.articulosinformativos.com.mx/10_Claves_Para_Obtener_Un_Credito-a962479.html
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