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Business

RD Impulsora secures $80 million in financing from Sivo to support small and medium-sized businesses in Mexico

thedailyposting.comBy thedailyposting.comApril 10, 2024No Comments

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New York, April 11, 2024–(BUSINESS WIRE)–RD Impulsola de Negocios, a pioneering company dedicated to promoting the growth of small and medium-sized enterprises (SMEs) in Mexico, announced that it has secured a significant P80 million loan from Cibo. . A global leader in financial solutions for the fintech industry. This strategic capital injection will further RD Impulsora’s mission to help small and medium-sized enterprises achieve growth and overcome challenges posed by the traditional financial sector.

Sivo’s investment in RD Impulsora recognizes the important role small and medium-sized businesses play in Mexico’s economy and highlights a shared vision for economic empowerment and innovation. Despite their potential, many of these businesses are often marginalized from the traditional banking system and face barriers to growth and sustainability. In addition to providing critical financial support, RD Impulsora distinguishes itself by providing strategic advisory services tailored to each company’s unique needs. This holistic approach ensures that small businesses receive not only capital, but also the knowledge and guidance they need to navigate market dynamics and scale effectively.

Funds from this loan will go towards several important initiatives aimed at expanding RD Impulsora’s impact. These include expanding our loan portfolio to reach more underserved businesses, enhancing our advisory services to include cutting-edge market analysis and strategic planning tools, and technology to streamline the application and management process for our clients. This includes investments in In doing so, RD Impulsora aims to become a beacon of support for small and medium-sized enterprises, unlocking their potential and making a greater contribution to Mexico’s economic structure.

“Securing this financing from Sivo is a milestone for RD Impulsora and, more importantly, for the small and medium-sized businesses we serve,” said Diego Garcia, CEO of RD Impulsora de Negocios. says. “This is a testament to our innovative approach to supporting businesses traditionally overlooked by mainstream financial institutions. With Sivo’s support, we are expanding our reach, deepening our impact, and delivering more We can help small businesses grow, innovate and compete on a larger scale.”

View the full release at: Emerging Exchange

View source version on businesswire.com. https://www.businesswire.com/news/home/20240410659761/ja/

contact address

Eliana Zuluaga
zuluaga@emergingexchange.com
+1 646 419 4004

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