Business credit advisory
Your next loan, presented the way a credit committee expects
We review your company in depth, define the credit that truly suits you and, through our contacts, take it to the lender best placed to offer you the best terms. We only charge if the loan is disbursed.
For new credit: working capital, machinery, real estate, foreign trade or growth. If you already carry expensive debt, we also check whether refinancing makes sense.
Credit committee file
Your company, S.A. de C.V.
- Use of proceeds
- Working capital
- Proposed product
- Revolving credit line
- 1Use of proceeds and amount requestedSource: request signed by the company
- 2Financial statementsSource: annual and interim closings
- 3Debt service capacitySource: cash flow from the financial statements
- 4Existing loansSource: account statements and loan summaries
- 5Collateral and liensSource: deeds and lien certificate
- 6Powers of attorney and corporate documentsSource: corporate minutes and notarized powers
Every figure points to its document and page. A person verified it before it was sent.
The problem
A bank loan is usually cheaper, but you have to know how to ask for it
Before a committee says yes, someone has to answer four questions. When nobody does, many companies end up with the fastest loan, which is not always the one that suits them best.
And when your advisor is paid by the lender, their incentive is not always yours. We are paid by the company, on terms we sign from day one.
Which product?
Financing machinery with a revolving line, or inventory with a five-year loan, ends up expensive even when the rate looks good.
How much, and over what term?
The payment has to fit your cash flow without squeezing operations.
With what collateral?
Each type of collateral opens different doors, and it has to be documented and shown to be free of liens.
With whom?
Each lender has its own requirements and appetite. Knocking on doors at random costs months, and every application leaves an inquiry on your credit history.
How we work
Four steps, and you decide at each one
Before you send us a single document we sign a contract with a confidentiality clause. It sets out in writing how we charge.
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Rayos X diagnosis
We review your financial statements, your existing loans and your collateral. We tell you how much you can pay each month without squeezing operations, how a credit committee sees you, and which product, amount and term suit each use of the money.
You receiveA report tailored to your company and a session to walk you through it.
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A committee-ready file
If your company qualifies, we build the complete file in the order a credit team reviews it. Every figure shows the document and page it came from, and a person verifies it.
You receiveA file the lender can review and verify.
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The right lender
Through our contacts we choose who to present your request to: only the lender that, for the type of credit and your company's profile, can offer you the best terms. Your information goes only to whoever you authorize in writing; we never send it out in bulk. You decide and sign directly with the lender.
You receiveThe offer explained clearly: rate, fees, term, collateral and total cost.
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Follow-up
We stay with you until the loan is disbursed. Afterwards we review your numbers periodically and alert you before each maturity, so you arrive ready for the next loan.
You receiveA periodic review of your debt.
If your company does not qualify yet, we tell you and explain what it is missing. We never present a file that is not ready.
Credit we structure
The right credit for what the money is for
The diagnosis chooses the product from three facts: what the money is for, how much you can pay and what collateral you have.
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Day-to-day operations
Working capital: term loan, revolving line, current-account credit, crop and production financing (avío) and corporate card.
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Machinery, equipment and real estate
Capital-goods loans (refaccionario), finance and operating leases, commercial mortgage and bridge loans.
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Collect sooner and pay suppliers
Factoring with and without recourse, supply-chain factoring and receivables discounting.
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Import and export
Import and export letters of credit, stand-by letters of credit, pre-export financing, international factoring and US dollar loans.
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Growth projects
Syndicated loans, mezzanine debt, payment-source trusts and loans backed by development-bank guarantee programs.
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Refinance what you already owe
Debt consolidation and replacement of expensive loans. We only propose it if the net savings cover our fee, and before you sign we tell you in how many months you recover it.
Never applied for a loan? We help with the first one too, and the Rayos X tells you how a bank sees you.
Approval, rate and terms are decided by each lender based on your file.
For the credit team
Credit files a lender can verify
A committee needs complete, verifiable information. Every file we present meets the same standard.
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Pre-screening
We only present companies we have already reviewed in depth, with a clear use of proceeds and an identified source of repayment.
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Every figure sourced
Every data point in the file points to the document and page it came from.
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Human verification
We use artificial intelligence to read documents, and a person checks every figure against its source.
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Identity and powers reviewed
Articles of incorporation, shareholders, representatives and powers of attorney valid for the act to be signed.
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Collateral and liens
The registry status of each asset offered and the loans that already encumber it.
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Fees disclosed
The client knows our fee in writing from the start. If a lender pays us anything, the client knows.
Confidentiality and integrity
Your information is sensitive, and we treat it that way
Your information
- We sign the confidentiality agreement before receiving a single document.
- We read and analyze your documents on Novación's own computers, not on cloud artificial-intelligence services.
- We never ask for passwords or access to your bank or tax-authority (SAT) accounts.
- We never pull your credit history on our own. If needed, you obtain your own credit report and decide whether to share it with us.
- Only lenders you authorize in writing see your file.
Integrity
- We do not promise approvals or rates. Each lender decides with its own analysis.
- If your company doesn't qualify, we tell you, even if it means we don't get paid.
- You know the total fee in writing before your application is submitted.
- If a lender pays us anything for your deal, we tell you in writing.
- Our anti-corruption policy is published on the page for lenders.
How we charge
Success fee, only if the loan is disbursed. In writing from the start.
- No surprises: everything you would pay is set in writing before we begin.
- The fee and its rules are in the contract we sign before receiving your documents.
- If the loan isn't disbursed, you owe us nothing.
Tell us what the money is for
Three facts are enough for the first email: what the loan is for, how much you need and what your company does. Don't send documents yet: we sign the confidentiality agreement first.