FINPYME Credit is a small loan product of the Inter-American Investment Corporation (IIC) designed to provide competitive financing for small and medium-size enterprises (SMEs) in 17 countries of Latin America and the Caribbean. FINPYME Credit is designed to help SMEs increase their sales by financing investments in working capital and fixed assets.
FINPYME Credit provides U.S. dollar-denominated loans from US$100,000 to US$600,000 at competitive fixed interest rates with three to seven year terms, and technical assistance for improving business management practices. Loan approval is expedited by an efficient and standardized process. Qualifying SMEs must be in business for at least three years and have total gross annual sales of between US$500,000 and US$6,000,000.