Small Business Funding: Pawning as a Solution to Financial Stress in Mexico
Mexican small and medium-sized enterprises (SMEs) are increasingly turning to asset-based lending, or “empeño,” to navigate cash flow challenges, according to recent data from the Asociación de Emprendedores de México (ASEM). While traditionally viewed with stigma, this form of financing is gaining acceptance as a pragmatic solution for businesses facing delayed customer payments and difficulty … Read more