| Category: | Global Impact, UPS News |
| Tags: | Argentina, Brazil, cash flow, Columbia, export, Export Credit Agency, Latin America, Mexico, Peru, small business, SME, UPS Business Monitor Latin America, UPS Capital |
According to the 4th edition of the UPS Business Monitor Latin America, a common challenge identified by small to medium sized enterprises (SMEs) is a lack of access to capital financing for investments in their businesses. These investments can range from the hiring of more employees to purchasing specialized equipment, all under the objective of growing the business.
So what’s an SME with an eye on growth to do? UPS Capital®, the financial services arm of UPS, is expanding its Latin American network with the opening of new offices in Bogota, Colombia, and Lima, Peru. SMEs in both markets now have access to credit with very competitive terms and conditions for financing for the purchase of capital equipment through the use of Export Credit Agency guarantees.
Colombia and Peru join UPS Capital’s network in Argentina, Mexico and Brazil where the company has authorized more than 300 transactions to date, supporting customers with services that improve cash flows, risk management support for the protection of goods and payment acceleration and protection. Since 1996, UPS Capital has facilitated more than 700 loans in more than 30 different countries.
For businesses looking to purchase machinery, specialized equipment, parts and many other goods that will bolster their production or operational capacity, UPS Capital not only offers financing to provide this purchasing power but customers also can integrate UPS’s logistics for the movement of these goods.
So it’s clear UPS’s love for logistics goes beyond the moving your goods from one location to another – we also move your company from one level to the next!







Comments [1]
love working here at ups freight