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Facility

Treasury needs, permanent working capital, fixed assets (except machinery) and improve the conditions of your current financing.

Simple Credit

Financing through which the Bank grants a certain amount of money, which can be disposed of up the amount authorized in one or more provisions. With which you can solve treasury needs in your Company, as well as permanent working capital, invest in the fixed assets of your company (except machinery) and improve the conditions of your current financing

  • With terms up to 60 months
  • Opening fee
  • Variable rates
  • Fixed monthly payments.
Simple Credit is a product of Banco Shinhan de México, S.A. Multiple Banking Institution. Subject to credit approval. Restrictions apply. For more information go to our Banking Office.

To hire you must be an account holder of Banco Shinhan de México.

Requirements

  • Product only for legal entities
  • Companies with a minimum age of 1 year

Collateral

In order to proceed with the evaluation, the Company must provide one or some of the following collateral:

  • STBLC. Stand By Letter of Credit
  • Real Estate (Mortage). Please refer to FAQ section for detail information
  • Machinery and equipment
  • Corporate Guarantee / Mother Company
  • Personal Guarantee

Frequently Asked Questions

Is it necessary to have a guarantee?

Yes, it can be a mortgage guarantee, pledge or deed.

Can financial statements be internal?

No, the Company’s financial statements have to be audited or reviewed.

Can I be granted a loan for an investment Project?

Unfortunately at the moment we cannot finance investment projects.

Can a part of the credit be granted in Mexican peso and the other in dollars?

Yes, we can make a scheme according to the needs of the Company.

If I am a natural person with business activity, can I be granted a credit?

No, at the moment we can only grant credits to duly established legal entities.

Can the mortgage be in any state of Mexico?

No, we only receive in Mexico City, State of Mexico, Queretaro, Guanajuato, San Luis Potosi, Baja California, Coahuila, Nuevo Leon and Puebla.

Other question? No problem.

Contact

Av. P.º de la Reforma 250, Juárez, Cuauhtémoc, 06600 Ciudad de México, CDMX
Contact Shinhan: (55) 6722-8000

Inquiry Condusef: 800 999 8080 y 55 53400999

Important announcement:

Due to the recent change of Daylight Saving Time in USA, from November 4th, 2024, all
movements in MMDA accounts in U.S. Dollars must be executed before 12:30 PM

Additionally, the normal maximum time to execute wire transfers for clients via SWIFT will be up
to 05:00 PM