Our Team is Growing!

Our team of experts is growing, and we are pleased to introduce you to the new members of our crew.

Meet the Team

These are our newest members of our team in Colombia and Mexico!
We are expanding to keep providing organizations worldwide (like yours),
the necessary resources to support their growth.

Carolina Rodriguez

Regional Vice President Business Development

Jenny Ramirez

Lead Generation Specialist

Luisa Alzate

Collections Agent

Brian Rosales

Business Process Analyst

Francisco Martínez

Business Process Analyst

Federal Prime Rate Increased to 5.5%

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The FED holds eight regularly scheduled meetings per year. During these meetings, the FED Committee reviews financial and economic conditions, assesses the risk to its long run goals of price stability and sustainable economic growth. Due to 2022 economic and financial conditions in the last two meetings they decided to increase the rate in 0.75 percentage point in each one of the meetings, to achieve a 2.5% increase just in 2022. The increase take the funds rate to its highest level since December 2018. Fed will hold 3 more meetings in the remainder of 2022 and according to our analysts, in each of these three meetings there will be new rate increases.

The Fed’s rate hike will impact millions of U.S. businesses and households by raising the cost of mortgages, auto and other loans, as well as credit cards, to force a slowdown in the economy.

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Explore our latest content

We are constantly posting new articles to keep you updated with the most recent and relevant information in the economic and financial market.

Case Studies

Banana Exports

Factoring line of 300K USD for the company to meet the high demand for bananas in the USA and Europe.

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Transportation

This corporation requested an increase in its factoring line of $500,000 distributed among two of its clients, securing a total line of $1,200,000 in

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Wood industry
Lumber industry

With the assistance of a line of credit of $250,000 USD, ExpoCredit solved one of the narrowest bottlenecks of the company.

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