ENGLISH1

THE NEW FINANCIAL ARM IN MEXICO
The present regulation for some intermediaries (Sofoles, Arrendadoras and Factorajes) that loses its use in 7 years, boxes its performance to products or sectors and do not allow to take advantage of sinergias to have made an expensive analysis credit of a client. At the same time, the clients of the credit must go and make procee-dings before several institutions so that she is taken care of all his necessities to them ofinancing.

The Congress of the LIX legislature had to good to lay the the appropriate legal foundations so that, on the one hand, the supply of credits has accessible conditions and, by the other, the indebted potentials have the confidence to ask for them, The access on the credit is a crucial element in the development from the country to the being the determining factor in the investment. For it, a group of nonbanking financial intermediaries exists who play a role fundamental in the process of financial intermediation in Mexico to cover markets that the banks have not taken care of and that by their operative costs let cover more ago than one decade.

These Financial intermediaries recognized by law as financial and integral organizations of the Mexican financial system are the Financial Societies of Objeto Múltiple (SOFOM).