One advantage of starting a business from home or part time is that it requires low investment, so you get a credit is a little easier. However, the process of applying for a loan always requires seriousness, commitment and meet certain requirements.

According to experts, the first step is that you auto analyze. Rafael Frias Lopez, Director of Small Business Segment BBVA Bancomer, said that in case of having a going concern is essential to keep track of cash flow and expenses and costs. “This is for entrepreneurs to assess their ability to pay and the amount by which they can borrow,” he explains.

According to the executive, is key to access a suitable loan to cash generation, this will allow you to keep up with payments. And thus create a positive credit history that will allow you to access in the future, more robust funding lines.  Read more..

With a loan, Polos Basila, a leading manufacturer of thermal clothing in Mexico, got the capital to expand.

Ernesto Alonso Basila has reason to feel satisfied with the performance of your company. Basila Shirts has 60 years of operations, considering that 80% of new businesses in Mexico do not survive the first two years. And being a manufacturer of underwear for babies, children and men, became the leading brand of thermal clothing market.

Once it reaches this point, it seems a simple task to accomplish. However, this case is the result of an ongoing and integral part of business development.
It all started when brothers Ernest (father of current CEO) and Paul Basila Manzur Elias founded the company six decades ago in Mexico City. Of these, only the first was who took over management of the brand.  Read more..