Automotive

Financial assistance offered to firms in the automotive sector, in the terminal industry or its supply chain, through loans and guarantees for medium and long-term projects in production, inventory, marketing and investment, through both direct financing and commercial banks.

Designed for

  • Terminal Automotive Industry.
  • Suppliers of Terminal Automotive Industry (First-Tier) or first-level suppliers.
  • Suppliers of Terminal Automotive Industry suppliers (Second-Tier).

Financing amount

3 million US Dollars and above. For financing below this amount, visit PyMEx Credit.

Characteristics

Comprehensive assistance at all stages, through:

  • Direct Loans for working capital, sales, fixed assets and investment projects.
  • Credit and Securities Guarantees.
  • Import and Export Letters of Credit.
  • Structured Credit for Investment Projects.
  • International Factoring.

Benefits

  • Timely financing through Bancomext’s simplified direct credit schemes, or through commercial Banks, including guarantees.
  • Financing in adequate amounts and terms, in line with each firm’s requirements.
  • Competitive financing, through the use of preferential funding sources (ECAs, Eximbanks, IADB, etc.).
  • Flexible financing structured in accordance with the specific needs of the sector’s firms.

Requirements

For loans with Bancomext:

  • Legally incorporated firm.
  • Not in state of insolvency, bankruptcy proceedings or suspension of payments.
  • Credit bureau record with no incidents.

Contact

Department of Automotive Sector Financing