FinMaq
FinMaq provides accessible financing for productive assets like machinery and medical equipment to SMEs and individuals in Colombia. The company offers traditional credit, renting contracts, and revolving credit lines, leveraging partnerships with equipment distributors to streamline risk assessment and reduce paperwork. Its approach focuses on financial inclusion to support business growth across sectors including construction, healthcare, and transportation.
- Financial Technology
Funding
Raised to date
$35.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 2 rounds
ACAIB$6.5M · Series A
Announced Oct 2026
Disclosed cumulative: $35.5M
Founders
Founder details are not available yet.
Product
Problem
Small and medium-sized enterprises (SMEs) and individuals in Colombia often face barriers to accessing financing for productive assets like machinery and equipment. Traditional lenders impose high minimum requirements and lengthy paperwork, limiting growth opportunities for entrepreneurs and small businesses.
Solution
FinMaq provides accessible financing solutions for productive assets through credit products tailored to the needs of SMEs and individuals. The company leverages its deep understanding of its allied distributors' sectors to better assess risk and streamline the credit approval process. FinMaq offers traditional credit, renting agreements, and revolving credit lines, enabling clients to acquire machinery, medical equipment, and other assets without excessive paperwork. Its approach is grounded in financial inclusion, aiming to generate positive social impact by supporting business growth across various economic sectors.
Target Audience
Primary customers are SMEs and individuals in Colombia seeking financing for productive assets, including entrepreneurs in construction, healthcare, transportation, and other industries served by FinMaq's allied distributors.
Features
- Traditional credit financing for productive assets across multiple economic sectors
- Renting contracts that allow equipment use without an initial down payment
- Revolving credit lines for maintenance and consumables to keep machinery operational
- Risk assessment based on sector-specific knowledge from allied distributor partnerships
- Streamlined credit study process designed to reduce paperwork and approval time
- Coverage for sectors including construction, healthcare, transportation, heavy industry, health and beauty, and graphic design/printing