We know that you are enthusiastic, an entrepreneur, that you have proposed to take your business towards further development, but it takes more than optimism to achieve it. Today, using the technological tools that facilitate the administration of your company is essential.
According to the 2020 Business Demography Study (EDN), prepared by the National Institute of Statistics and Geography (INEGI), of the 4.9 million private and parastatal sector establishments registered in the 2019 Economic Censuses, as a result of the pandemic Only 3.9 million survived, representing 79.19%, while 1,010,857 businesses (20.81%) closed their doors permanently.
These figures show that the times in which we live are challenging, which is why it is necessary for entrepreneurs to integrate technologies that facilitate processes in their businesses. Among the financial technology solutions is the business credit card, so we give you some advantages that it offers you.
If it is difficult for you to separate your personal expenses from those of the company and this is causing you problems to grow your business, having a business credit card is an excellent alternative, since through it you can achieve higher amounts in your line of credit, than with a common plastic. At Konfío, a Fintech company specialized in online financing, the credit limit grows according to the growth of your business, and can be up to 2 million pesos.
The National Survey on Productivity and Competitiveness of Micro, Small and Medium Enterprises (ENAPROCE) 2018, carried out by INEGI, reveals that in Mexico, of the MSMEs that had financing in 2017, eight out of 10 used it to buy inputs; 27.5%, to acquire machinery, and 25.6% used it to pay off other loans. By having a business credit card, you can make these payments in a simpler way and you can also make them deductible.
Unlike traditional financing institutions that you contact by phone or their website, in Konfío you have the option that if you have questions with your business credit card, you can get answers practically in the palm of your hand, through a simple app that you install on your smartphone.
With this app you can take full advantage of technology and optimize the operation of your business, because you can turn your cards on and off and, with a single click, request to defer your purchases with a fixed payment plan for up to 12 months with preferential rates. In addition, the card provides months without interest throughout the year.
By having these digital solutions for your company, it is no longer necessary that you go to the branches, thus you save time and can make your payments in an agile way almost immediately, since with, you get a digital card with the support of VISA, while that you receive the physical card at the address of your choice.
On the other hand, it is possible to request up to three additional credit cards at no cost, and even customize them, and the best thing is that you can manage different lines of credit for each of them, which will allow you to have greater clarity of your company’s expenses .
Well, how can you request it? You must have three months of credit history, they will not require guarantees or endorsements and, because the request is online, in five minutes your card will be ready for you to use it.
