Liquidity for Daily Operations Most Influential Factor in Mexican Companies Seeking Bank Credit

Web Editor

August 21, 2025

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Background on the Relevance of the Topic

Understanding why businesses seek bank credit is crucial for assessing the health of Mexico’s economy. The Banco de México (Banxico) recently released the results of a survey on the Evolution of Business Financing for the second quarter of 2025, shedding light on this topic.

Survey Results: Credit Usage Among Mexican Companies

According to the survey, 39.5% of the companies polled reported having applied for and/or used bank credit in the past 12 months, while 60.5% stated they had not.

Among those who did apply for or use credit, liquidity for daily operations was the most influential factor in their decision-making process. Specifically, 80.3% of the companies reported that this factor influenced their decision to some extent, with 36.5% stating it was very important and 19.7% reporting no influence.

Other factors that influenced companies’ decisions to seek bank credit included:

  • 61.3% – Investing in business expansion or improvements
  • 54.2% – Providing financing to customers to boost sales
  • 53.8% – Anticipating resource needs due to economic uncertainty
  • 53.5% – Obtaining credit at lower interest rates

Credit Usage in Q2 2025

The survey results indicated that in Q2 2025, 85.1% of companies did not utilize new bank credits, slightly down from 86.7% in the previous quarter.

Reasons for not applying for new credits included:

  • 82.3% – Did not apply
  • 1.7% – Applied and was in the authorization process
  • 0.8% – Applied but not authorized
  • 0.3% – Required but rejected due to high cost

Banxico identified the primary constraints preventing 85.1% of companies from using new credits as follows (in order of importance):

  1. General economic situation
  2. Business sales and profitability
  3. Interest rates
  4. Access to public support
  5. Company capitalization
  6. Collateral requirements
  7. Access conditions
  8. Bank willingness to lend
  9. Debt repayment difficulties
  10. Credit history

Proportion of Credit Sources

The Banxico survey revealed that suppliers remained the primary source of financing for companies, accounting for 60.6% of responses in Q2 2025.

Following suppliers, commercial banking came in second with 29.9%, while other corporate group members accounted for 10.6%. Foreign banking, developmental banking, and debt emission each represented less than 2%.

Economic Challenges Faced by Companies

The surveyed companies highlighted sales, competition, and security as the most pressing economic challenges they faced during Q2 2025.

Key Questions and Answers

  • Q: What is the primary reason companies seek bank credit in Mexico? A: Liquidity for daily operations is the most influential factor, with 80.3% of companies reporting it influenced their decision to some extent.
  • Q: What percentage of companies utilized new bank credits in Q2 2025? A: Only 14.9% of companies reported using new bank credits during the referenced quarter.
  • Q: What are the main sources of financing for Mexican companies? A: Suppliers are the primary source, followed by commercial banking.
  • Q: What economic challenges are Mexican companies facing? A: The most pressing issues include sales, competition, and security concerns.