Swell

Swell
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 55 M
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
€ 12 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
With a buyback obligation
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
10%
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
11.0%
Website:
Founded:
2010
Employees:
+20
Joined Mintos:
April 2021
Loan Types: The type of linked assets the lending company has issued.
Car loan Car loan
Countries: Countries in which the linked assets were issued by the lending or rental company.
Currencies: Currencies in which investment opportunities from the company are offered.
EUR
Annual percentage rate charged to borrowers:
16%-32%
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
675 198

About

Swell is a leading financial institution in Mexico specializing in secured business and automotive financing solutions for Small and Medium Enterprises (SMEs). Since our founding, we have evolved to become a catalyst for sustainable business growth, combining traditional financing with innovative green solutions.

Operating from our headquarters in Guadalajara, Mexico, Swell has distinguished itself through industry-specific financing approaches that align precisely with our clients' economic objectives. Our comprehensive portfolio includes business loans, vehicle financing, equipment leasing, and as of 2023, dedicated green financing solutions for solar energy investments.

Our commitment to transparency and operational excellence was recognized in 2024 when ASOFOM awarded Swell the designation of Most Transparent SOFOM in Western Mexico. As an active member of ASOFOM (Association of Multiple Purpose Financial Companies), we maintain the highest standards of financial service delivery.

Last Updated: 30.06.2021

Last Updated: 12.11.2024

Last Updated: 19.12.2024