Unifin grows and reaffirms its investments in Mexico

Unifin grows and reaffirms its investments in Mexico

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Unifin reported a 32.3% growth in its total revenues last year over 2017, reaching US$998,205, thanks to its strategy and the strength of its business model.

While announcing its 2018 annual financial results, the independent leasing company that offers advice and financial solutions to small and medium enterprises, reported a net profit of US$101.3 million in 2018 compared to 2017, which meant a growth of 8.6%.

He explained that the strength and solidity of its business model were key to increasing the total loan portfolio by 25% with respect to the previous year, totaling US$2.7 million.

"Despite the complex macroeconomic scenario of 2018, Unifin maintained its position and leadership in the market," said the company's general director, Sergio Camacho.

As for the results for the fourth quarter of 2018, the company reported a growth of 21.2% in its total revenues in this period, reaching US$269.7 million.

"Unifin is confident in Mexico's long-term positive outlook and will continue to invest in the country and help small and medium entrepreneurs grow their businesses," Camacho added.