Factoro

Factoro is a Mexican fintech company founded in 2018 and based in Monterrey, Nuevo León, specializing in supply chain finance and factoring solutions. The platform provides both buyer-led and traditional factoring services that enable businesses to optimize working capital and improve cash flow management. Through its digital platform, Factoro offers factoraje a clientes (customer factoring), allowing businesses to receive advance payment on invoices in less than 24 hours, and factoraje a proveedores (supplier factoring), enabling companies to extend payment terms to suppliers without depleting their own capital. The company partners with major Mexican banks including BBVA and medium-sized financial institutions like Intercam to provide competitive discount rates to clients. Factoro serves multiple industries including manufacturing, construction, logistics, agribusiness, and trading companies, targeting small and medium-sized enterprises (SMEs) that face working capital challenges due to extended payment cycles. The platform includes integrated electronic invoicing capabilities with automatic synchronization to Mexico's tax authority (SAT) for CFDI 4.0 compliance, invoice validation services, and API integration with ERP systems including SAP, Oracle, and NetSuite. The company states on its website that it is regulated by the Comisión Nacional Bancaria y de Valores (CNBV) and operates in compliance with applicable financial regulations. Factoro also offers a partner program for brokers, advisors, and accountants to connect clients with its platform. The company has raised over $100,000 in pre-seed funding and positions itself as one of Mexico's leading supply chain finance software providers, having helped thousands of companies optimize their working capital since 2019.