Texas Financial Services Company Expands Operations in Mexico
Monterrey, NL. State and municipal authorities attended the inauguration of South West Business Credit (SWBC) Mexico, a Texas-based financial services company. The initial investment is $2.8 million, and the creation of 400 direct jobs in strategic sectors is projected.
SWBC’s New Office in Monterrey
The new SWBC offices are located in Pabellón M, Monterrey’s downtown area, occupying over 2,000 square meters. The space includes technology, business management, collections, and customer service areas.
“Nuevo León is the Best Place to Invest and Grow”
Emmanuel Loo, in charge of the state’s Economic Secretariat, stated: “With SWBC’s arrival, we reaffirm that Nuevo León is the best place to invest and grow. Our proximity to Texas, modern infrastructure, and highly skilled workforce make our state a natural ally for international companies.”
SWBC’s Services and Texas-Based Origins
Headquartered in San Antonio, Texas, SWBC offers financial services and solutions in insurance, mortgages, wealth management, and employee benefits for both financial institutions and individuals.
SWBC Leaders Highlight Monterrey’s Potential
Charlie Amato, SWBC co-founder and president, emphasized: “Monterrey is an excellent city. After evaluating over 30 markets, the quality of talent here surpasses any other, which is why we firmly believe in growing our operations in this city.”
Currently, SWBC has hired 150 people and aims to reach 400 employees by 2026.
Gary Dudley, SWBC co-founder, added: “We couldn’t be happier in Monterrey. The community has welcomed us openly, and this building is exceptional.”
Event Participants and Local Economy Strengthening
The inauguration featured Mark Hein, SWBC CEO; Salomón Marcuschamer, Pabellón M developer; representatives from binational chambers like AmCham; Texas authorities; the U.S. Consulate in Monterrey; and the Texas Representation Office in Mexico.
Monterrey Mayor Supports Job Creation and Economic Growth
Adrián de la Garza Santos, Monterrey’s mayor, highlighted that SWBC’s job creation will strengthen the local economy, helping Monterrey become a national and international reference for economic development and competitiveness.
De la Garza assured that the municipal government will support SWBC in consolidating its operations in the country.
Key Questions and Answers
- Who is South Business Credit (SWBC)? SWBC is a Texas-based financial services company offering insurance, mortgage, wealth management, and employee benefits solutions for both institutions and individuals.
- What is the initial investment and projected job creation? The initial investment is $2.8 million, and SWBC projects creating 400 direct jobs in strategic sectors.
- Why is Monterrey a suitable location for SWBC? Monterrey’s high-quality talent, proximity to Texas, and modern infrastructure make it an ideal location for SWBC’s expansion.
- What support does the Monterrey government provide to SWBC? The Monterrey government supports SWBC’s consolidation in the country by offering necessary assistance.
