Factoring only
- Advance in about 48 h
- The remainder arrives when your buyer pays
Part of the EXIM Partners community
For companies that sell and buy in dollars
The dollar doesn't have to wreck your margin.
How financial tools work for Mexican companies that export and import. Explained with no fine print and no bank-speak.
- 48 hto get paid on your invoice
- 80–90%advanced
- 6 daysto settle your FX
Free guide · Courtesy edition from EXIM Capital Partners
Financial guide for exporters and importers
The 3 keys to international profitability: the secret to protecting your margins in international finance.
- Key 1 · International payments: collect and pay in other currencies without losing money along the way.
- Key 2 · Financing: keep operating while the money arrives.
- Key 3 · Investment: put your cash to work while it waits.
- Includes a 20-minute diagnostic and your 90-day plan.
The context
Mexico has never exported this much.
More sales abroad means more dollars to collect, more days waiting to get paid and more exposure to the exchange rate.
US$664.8 Bexported by Mexico in 2025, an all-time high (+7.6% YoY).INEGI
+27.7%export growth in January–July 2026 (US$471.4 B).INEGI, Aug 27, 2026
84.5%of Jan–Jul 2026 non-oil exports went to the US.INEGI
91.7%of what Mexico exports is manufactured goods (Jan–Jul 2026).INEGI
2025
US$664.8 B
+7.6% vs. prior year
The problem
Why is the peso killing you?
Let's be honest: nobody warns you when the exchange rate eats your profit. You quote in dollars, you ship, you wait 60 or 90 days… and by the time you get paid, the peso has moved. Your margin is gone and you did nothing wrong.
And while you wait, you still pay payroll, suppliers and taxes. In pesos. Today.
0%
is how much the peso moved against the dollar in 9 months: from 16.53 (Mar-2024) to 20.79 (Dec-2024).
Source: CEFP, Mexican Chamber of Deputies, with Banxico FIX data.
0%
is how much the dollar rose in a single month: from 16.99 (Sep 2, 2026) to 18.37 (Oct 1, 2026). For an importer paying USD 100,000, the same order cost MXN 138,360 more.
Source: Banxico, SIE (currency quotes).
The forecast is not reality
What analysts expected for the 2025 close vs. what actually happened:
- Forecast, early 202521.00
- Forecast, June 202520.50
- Forecast, September 202519.26
- Forecast, December 202518.37
- What happened · Dec 31, 202518.00
A 3-peso-per-dollar gap: on USD 100,000 a month, that's MXN 300,000 every month between budget and reality.
Citi Expectations Survey (via Mundo Ejecutivo, El Universal and El Financiero); Banxico.
USD/MXN · FIX exchange rate
2024–2026
There's a better way. How the tools other exporters already use work →
How it works · 01
International export factoring
Get paid in 48 hours, not 90 days.
“I know what you're thinking: another loan that's going to choke me.” That's not how it works: the institution doesn't lend against your company; it advances what your foreign buyer already owes you.
80–90%advanced in ~48 h
100%of your buyer's credit risk, covered
0new debt on your balance sheet*
-
1
Assessment
The institution reviews your foreign buyer, not just your company.
-
2
Coverage
The risk of your buyer not paying is covered.
-
3
Funding
You receive 80–90% of the invoice in ~48 hours.
-
4
Collections
The institution collects from your customer abroad.
What you get
- Liquidity the same week you invoice.
- Healthy working capital without taking on more credit.
- International collections handled by experts.
- Competitive terms based on your buyer.
What they usually ask for
- 3+ years in business (company incorporated in Mexico)
- 3+ previous sales to that buyer and 1 year exporting to them
- 30+ days payment terms on your invoices
- → Final, direct sale (no consignment or brokers), and your buyer accepts the structure
Its limitation: time. The deposit takes about 48 hours and the remaining 10–20% arrives only when your customer pays. That gap can be covered with an intraday line.
*Non-recourse structure, subject to each institution's approval and to the accounting treatment applicable to your company. Terms vary by institution.
How it works · 02
Intraday line: liquidity for your FX trades
The trade is usually advanced for up to 6 business days, with no interest or fees.
Sound familiar? You have to pay your supplier in dollars today and your customer's money lands on Thursday. That's the gap an intraday line exists for: the institution pays today and you settle when your cash comes in.
6 daysbusiness days to settle, typically
$0interest and fees
∞can be used repeatedly, no unused-line fee
Day T
You trade
You close your currency purchase or sale at today's rate.
Day T
The institution pays
Your supplier or your account receives the funds. No waiting.
Up to 6 days later
You settle
When your cash comes in, up to 6 business days later.
How they fit together
Factoring's limit is time. An intraday line removes it.
Factoring advances 80–90% of the invoice, but the deposit takes about 48 hours and the rest arrives only when your customer pays. An intraday line covers that gap: the money can be available practically the same day.
Factoring + intraday line
- The intraday line covers the ~48 h the deposit takes
- Can be used repeatedly while collections come in
- Liquidity practically the same day
Full liquidity without the burden of a traditional loan.
Reference timelines; subject to approval and to the structure of each transaction.
Beyond factoring
Other tools worth knowing
Derivatives
You don't know where the dollar will be when you get paid.
Forwards and options to lock in your future exchange rate today.
Multi-currency account
You convert too often and lose on every trade.
Hold dollars, euros and more; convert only when it suits you.
Digital credit
A loan takes weeks and a mountain of paperwork.
Online application and a fast answer for working capital.
Leasing
You need machinery without draining your cash.
Lease equipment and fleets with tax benefits.
Domestic factoring
Your Mexican customers pay you in 60–120 days.
Advance those invoices and keep your cash flowing.
Trust services
A big deal needs clear guarantees.
Guarantee, investment and administration trusts.
Cash management
Your treasury lives in Excel spreadsheets.
Disbursements, collections and account control in one place.
International payments
Payments to the US, Canada, Japan, Europe and China: what to expect.
How long a transfer takes, which currency to pay in and what to check before you send.
- Currency
- —
- Exchange rate
- —
- Typical delivery
- —
- Trade with Mexico
- —
Typical international transfer times; they depend on cut-off times and the receiving bank. The exchange rate shown is for reference only and is not a quote.
What's happening
What every exporter should know in 2026.
Public data, no spin. What's moving your dollar cash flow this year.
July 2026: a monthly export record
Exports grew 43.7% year over year in July. More volume, more dollar invoices waiting to be collected.
INEGI, Trade Balance, Aug 2026Mexico, the top US export market
In 2025, for the first time on an annual basis, Mexico was the main destination for US exports, ahead of Canada.
CCE with U.S. Census Bureau dataMexico–US trade in 2025
The highest bilateral goods trade on record. Your customer is most likely across the border.
U.S. Census BureauUSMCA: in force, but reviewed every year
On July 1, 2026, the US decided not to extend the USMCA: it remains in force until 2036, now with annual reviews. Each review is a date that can move the peso.
Grupo Animal, Jul 1, 20261 in 5 imported dollars comes from China
If you buy inputs in Asia, your FX risk isn't just the dollar: your supplier's payment terms matter too.
INEGI data, 2025Banxico 6.50% · Fed 3.75–4.00%
The rate gap supports the peso and sets the price of your forwards. In September 2026 the Fed raised rates for the first time since 2023.
Banxico (Sep 24, 2026); Federal Reserve (Sep 16, 2026)Companies adapted to tariffs
By the end of 2025, USMCA rules-of-origin compliance rose from 48.6% to 75.1%, and the effective tariff on exports to the US ended near 5%. Those who prepare, survive.
La Jornada, Apr 5, 2026Quick diagnostic
Which key do you need?
Check what applies to you. In 30 seconds you'll know where to start. We don't ask for any data.
Key 1International payments
Key 2Financing
Key 3Investment
Check at least one situation and we'll tell you where to start.
Based on chapter 6 of the guide. For guidance only; not personalized financial advice.
What gets repeated in board meetings
Myths that cost you money.
They sound sensible, experienced people say them… and each one costs someone margin. Tap each one to see the truth.
All 10 myths, with the math, are in the guide.
No jargon
The exporter's dictionary.
What your bank assumes you already know. Explained colleague to colleague.
FIX exchange rate
The rate Banxico publishes every business day to settle dollar obligations payable in Mexico. It's the official reference, not necessarily the price at which you buy or sell.
FX spread
The difference between the buy and sell price of a currency. That's often where the real cost of your trades sits, even if you never see a “fee”.
Forward
A contract to buy or sell currency on a future date at a rate you lock in today. No uncertainty: you know exactly how many pesos you'll receive.
FX option
Gives you the right, not the obligation, to exchange at an agreed price. You pay a premium to be protected if the market moves against you, while keeping the upside if it moves in your favor.
Non-recourse factoring
You sell your receivables and the buyer of those receivables takes the risk that your customer doesn't pay. If your buyer defaults, it doesn't come back to you.
Intraday line (T+N)
A very short-term liquidity line for FX trades. You agree the trade today (day “T”) and settle it “N” business days later, usually up to 6. You close today and pay when your cash comes in.
Incoterms
International Chamber of Commerce rules defining who pays freight and insurance, and at what point risk passes from seller to buyer (e.g., EXW, FOB, CIF, DAP).
Letter of credit
A bank's commitment to pay the seller, provided the agreed documents are presented. It reduces the risk of not getting paid, but tends to be slower and paperwork-heavy.
SPID
Banxico's system for dollar transfers between banks in Mexico, for companies only. It lets you pay a domestic supplier in dollars without converting to pesos.
ACH vs. wire
ACH is cheap, but it can be reversed up to 60 days later and is designed for the US. A wire costs more, but once settled it's practically irreversible. For large payments or new customers, ask for a wire.
Natural hedge
Collecting and paying in the same currency so that an exchange-rate move offsets itself. A multi-currency account is the simplest way to get one.
Cash conversion cycle
Inventory days + collection days − payment days. It measures how long your money is trapped. Example: 45 + 90 − 30 = 105 days of capital you've earned but can't use.
Our community
We're part of EXIM Partners.
Operating across borders can be lonely. That's why we created EXIM Partners: a space to connect with other foreign-trade owners and executives, share experiences, make real contacts and meet people who understand the same challenges you face.
- ConnectWith other owners and executives who buy and sell across borders.
- Share experiencesWhat worked, what didn't and what it costs to learn it alone.
- Real contactsPeople who understand your operation. Not a call center.
Free
The guide we wish we'd had.
92 pages, no jargon: the math step by step, illustrative cases of companies like yours, 10 myths that cost you money and your 90-day plan. (Currently available in Spanish.)
Questions about your case?
In the EXIM Partners community there are foreign-trade owners and executives who have been through the same thing. Ask, compare and decide with information.
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