Ex-Magalu launches FIDC aimed at the rapid turn of micro and small companies

The current scenario of Brazilian companies, amid high inflation and Selic in 15%, is marked by default, growing indebtedness and a record search for judicial recovery. defaults reached critical level: 7.2 Million of companies, which is equivalent to 31,6% of all active businesses in Brazil. The service sector leads this crisis, with 52.8% of defaulting businesses, followed by trade, with 35%. Amid this scenario, the combination of high the interest rate and inflation exposes entrepreneurs to stagnation and tight cash flow, making it difficult to access credit.

With support from Equity Group, holding company led by Joao Kepler, Mario Nogueira, former Magalu executive, created a solution to transform this panorama.The Financial Center was designed to solve the main pain of small entrepreneurs: credit access. The solution lies in the anticipation of receivables: small and medium-sized companies that have receivables, such as forward sales, slips or invoices, can use these receivables as collateral to get the working capital they need, without bureaucracy or delays.“The great challenge of the entrepreneur today is the lack of options to access credit simply and quickly. The anticipation of receivables emerges as an affordable solution for those who need capital, but do not have access to traditional credit lines”, says Mario Nogueira, Founding Partner and Advisor of the Financial Center. By sending his receivables to the NF platform, the entrepreneur has a quick analysis of the value that can be anticipated and, after approval, the credit is deposited directly into the company's digital account, whether in the online process or in the online.

“We are creating a alternative to traditional credit, offering a line of financing that uses what the entrepreneur already has, which are receivables, to give him quick access to working capital. The anticipation of receivables is not a new solution, but it is a much more accessible and agile form of credit, especially for those who face difficulties with traditional bank credit”, says John Kepler, CEO of Equity Group. FIDC stands out for its agility and transparency in the conditions offered, allowing entrepreneurs to have access to a financial solution that adapts to their reality, without the complications of traditional credit. With the projection of moving cash and new hires, the company's goal is to help micro and small companies overcome the barrier of access to credit, offering an efficient way to use receivables as working capital to grow more sustainably.