Case Study: Aspiria lowers its cost of capital with Percent

How a Mexico-Based Borrower Lowered Their Cost of Capital With Percent

The Mexican SMB lender Aspiria faced significant challenges raising flexible capital at competitive rates in an uneven and unorganized marketplace, leading to a high cost of capital. As a specialty finance company serving businesses underserved by traditional banks, Aspiria needed a more efficient funding solution. They partnered with Percent to address this challenge.

Percent's solution was to implement a short-term note program, providing Aspiria with access to a new source of capital. Their inaugural offering successfully raised $500,000, immediately lowering Aspiria's cost of capital and enabling them to fund more loans. This initial success led to nine subsequent note programs, with Aspiria raising up to $600,000 per offering. The engagement revealed strong investor demand and provided Aspiria with the growth opportunities and financial flexibility it needed.

Aspiria

Guillermo Hernandez

Chief Operating Officer