What is a SOFOM?
A SOFOM is a Multiple Purpose Financial Company that can grant any type of credit to individuals and legal entities, in addition to operating leasing and financial factoring, and acting as a trustee in guarantee trusts.
Among the main types of credit that can be offered:
Simple
Roster
Automotive
Mortgage Staff Among others
Benefits of a SOFOM
Increase your profitability
Acting as a “Financial Arm” allows for increased profitability of the business group.
Market strengthening
It allows us to boost and develop the captive market through timely and needs-based credit.
SAPI de CV SOFOM
Under the SAPI DE CV model, the participation of resources from external capital partners is permitted.
Concentrate liabilities
Concentrate the liabilities of companies and their clients in a single financial institution, which reduces operational burdens and costs.
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Internal control
Operating manuals, credit product design, Portfolio Management System, and AML/CFT module.
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External anchor lines
Faculty to obtain external funding lines from Commercial Banks and/or Development Banks.
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Tax and legal benefits
It has tax and legal benefits to act as a financial intermediary.
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Credit cards
Issuance of credit cards for the captive credit market.
PROJECT STAGES
1. Legal constitution and institutional management
2. Internal control and registration with authorities
2. Internal control and registration with authorities
4. Start-up of operations and subsequent advice*
*Time to enable a SOFOM with IBC Group: 12 weeks, others up to 30 weeks
INCLUDED SERVICES
We create your SOFOM, FINTECH, SOFIPO attached to institutional regulations in a short term, through a professional credit model, oriented to the target market, and ready to operate.
We guide the audit processes in matters of PLD / FT with the corresponding opinion for the opening of bank accounts.
SOFOM is made up of the following concepts:
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Corporate governance. Design of statutes and strategic definition of the business model.
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Institutional management. Obtaining the Technical Opinion and Institutional Code.
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Hiring of Credit Information System (SIC).
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Credit Product Design.
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Operational, Administrative and Strategic Manuals.
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Enterprise image desing.
Permanent license of the Portfolio Management System.
Opinion of authorization of PLD / FT processes.
Opinion for the opening of bank accounts.
Website development in compliance with applicable regulations.
Accompaniment and training.
Ideal option for entrepreneurs who want to create their own Financial Intermediation company.
DO YOU NEED A SOFOM READY TO OPERATE?
For sale SOFOM, ENR, recently opened and in operation. Previously integrated with regulatory and operational requirements.
CONTACT
IBC GROUP
Looking for more information or want to receive a quote? Submit your information and an IBC Group representative will contact you as soon as possible.
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