INTIEAMexico · T-MEC Foreign Trade Product - BancomextPolicyIn force

T-MEC Foreign Trade Product - Bancomext

Impulse T-MEC is a credit scheme promoted by the Mexican National Foregin Trade Bank (Bancomex). The objective of the programme is to help all sizes firms by granting short, medium and long-term loans to its participants to foster exportations within the Mexico-United…

Last changed 2 years ago.

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Lifecycle

EffectiveJan 01, 2020
Last changeMar 19, 2024

Country / jurisdiction: Mexico · Year: 2020 · Status: In force · Level: International · Type: Voluntary

Impulse T-MEC is a credit scheme promoted by the Mexican National Foregin Trade Bank (Bancomex). The objective of the programme is to help all sizes firms by granting short, medium and long-term loans to its participants to foster exportations within the Mexico-United States-Canada Agreement (T-MEC) framework. In terms of conditions, the upper ceiling for borrowing is MXN 30 million.

Among the requirements to apply to the program are the following:

- Legally constituted company.

- Favourable credit experience.

- Two years of operation and/or experience in the sector

- Not be in a technical state of dissolution, suspension of payments or in a state of insolvency

In terms of energy, the program is focused on supporting strategic sectors to improve their exports such as the mining-metallurgy sector, oil and gas, clean energy, and pro-electronic sector.

Official source: https://www.bancomext.com/productos-y-servicios/ventanilla-unica/impulso-t-mec

Source

https://www.iea.org/policies/19174

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