Factoring and Confirming: The Optimal Financing Tools for MSMEs in Latin America

In Latin America’s dynamic business landscape, micro, small and medium-sized enterprises (MSMEs) play a crucial role in the economy. However, they often face significant challenges in accessing financing. While traditional credits have been the conventional option, factoring and confirming are emerging as more flexible alternatives adapted to the needs of these companies.   But why […]

Interest rate hikes don’t stop! How does it affect my company?

It is important to understand how interest rates work and how they can affect businesses, as they can have a significant impact on their financing and their ability to make long-term investment decisions. To begin with, it is important to understand what interest rates are: The interest rate is the rate charged for lending money […]

Factoring and Confirming: two tools that banks don’t want you to know about

In the financial world there are many solutions, from structured products to common standardized solutions such as a credit card or a free investment loan. However, little is said about one of the most powerful financial leverage tools for companies today: FACTORING. Although factoring is one of the oldest financial products in the traditional banking […]

Efinti: Fintech with Financial Services to Grow Your Business No Matter the Size, Stage or Credit History

Efinti is a software and technology development company founded in 2019 in Colombia by Andrés Tobón and Alejandra Gaviria. It offers financial services to enterprises in Latin America and the US. It promotes financial inclusion for companies by improving their economic conditions and access to capital. “Our business is centered in helping businesses grow, eliminating the frequent barriers […]

Fintech: How to get a credit online and not go to a ‘drop by drop’?

While the country advances in its economic recovery process, several microentrepreneurs face some difficulties in accessing credit from financial institutions. For this reason, some merchants decide to go to ‘drop by drop’ lenders who offer money with abusive conditions and in some cases threaten people’s lives when the debt is not paid.. Given this situation, […]