SMEs are cautious when asking for financing

Oscar Cruz Torres, the national vice president of the organization, explained that different products and services are related to the sectors that could be subject to tariffs. Credit: Bloomberg.

Small and medium-sized businesses ( SMEs ) in the country are cautious about requesting new financing due to the uncertainty that the imposition of tariffs on Mexico by the United States represents for their businesses, said the Association of Multiple Purpose Financial Companies ( Asofom ).