Financial instrument for SMEs in Peru SMEs not only go to banks to satisfy their financing needs. Since new instruments such as fintech have emerged , which are of enormous benefit. When it comes to accessing credit that allows the creation of their business . For Luis Salazar Alvarado. Who is director of the master’s degree in Entrepreneurship and Innovation Management at the UPC Graduate School. Explains that non-conventional companies have been able to solve it with new financing strategies apart from banks. In this context, Diego Llona Barreda , who is co-founder and CEO of the fintech FTB.pe , points out that “the mypes segment was neglected, it did not have personalized attention and the banks’ digital platforms did not cover their needs because their requirements are different from that of large companies.”
Banks vs fintech comparison
For the SBS , the annual interest rate directed at microenterprises is around 39% . Banking entities such as BBVA, Pichincha and Banco de Crédito collect payments from small Philippines WhatsApp Number Data companies with periods of 3 years. Having a fixed fee and an interest rate per year that reaches 24.98%, 40.31% and 31.48% respectively. For their part, fintech companies establish their rates depending on the consumer profile. In this sense, Afluenta and Prestamype have rates that range between 22% and 30% , as projected by some websites.
Collaboration of mypes
From the moment they emerged, fintech companies have wanted to solve the problems of access to MSEs , all of this in the face of financial institutions. On Russia Telegram Number List many occasions, companies do not meet the requirements that banks require to obtain loans, positioning themselves as more practical companies. One of the great success stories has to do with FTB.pe , which was established as a collaboration alternative for mypes, since they required to exchange dollars to define their imports . “We tell you ‘don’t focus’ on these types of operations and don’t lose money. So, we provide a reliable and convenient service so that the businessman can continue with his focus: his business,” they review from FTB.pe.
