Wholesale (second-tier) funding · Pioneers since 2014
Wholesale Funding for Payroll Lenders
Funding lines for SOFOMs that originate payroll-deduction loans, structured around actual collections from their loan portfolios. We pioneered this product in Mexico — and we remain its benchmark.
What wholesale funding is
We Fund the Lenders
If your company originates payroll-deduction loans under government payroll agreements, your constraint isn't the market — it's funding. Our lines turn your portfolio and your origination capacity into working capital, with repayment schedules designed around your collections and future cash flows, not a timetable that ignores how you operate.
Your Portfolio Is the Collateral
The line is structured around the actual cash flows from your payroll-deduction collections — an asset you already have at work.
You Repay as You Collect
Your repayment schedule follows the pace of your portfolio, not a rigid timetable disconnected from your business.
Expand Your Lending Capacity
Turn origination capacity into actual loan volume while keeping your client relationships and your brand.
Two models
Choose the Structure That Fits Your Business
The same underwriting and monitoring standards, with two ways to structure the relationship: traditional collateral or a revenue-sharing partnership.
How it works
How a Wholesale Funding Line Works
Funds flow down, loans are originated, and payroll-deduction collections flow back through a trust that manages the source of repayment. Every party has visibility into the same cash flows — that's why it works.
Step by step
- 1
FIMUBAC grants the funding line to the financial intermediary (SOFOM).
- 2
The intermediary originates payroll-deduction loans to government employees and retirees.
- 3
Loans are collected through direct payroll deduction under the payroll agreement.
- 4
Collections flow into an irrevocable administration and source-of-repayment trust, to which the intermediary has assigned the collection rights to its portfolio.
- 5
The trust repays the line on a schedule aligned with actual collections and the portfolio's future cash flows.
The difference
Why Fund Your Business with FIMUBAC
Full conditions — amounts, terms, rates, and CAT (Costo Anual Total, the total annual cost of credit) — are detailed under each model. Here is what indicative terms can't tell you.
Wholesale Funding Pioneers
We pioneered funding for payroll-lending SOFOMs in Mexico in 2014. No one knows this structure better.
We Have Skin in the Game
Wholesale funding accounts for 37.9% of our total portfolio — not a side product, but a core FIMUBAC business.
20+ Lenders Already Work This Way
Financial intermediaries across Mexico are growing their loan volume with FIMUBAC funding lines.
Proven Access to Capital Markets
We take payroll-deduction loan portfolios all the way to securitization: six public issuances demonstrate our structuring discipline.
A Rated Counterparty
You work with an institution rated by Fitch, with securities listed on BIVA and audited financial information available.
Let's Talk About Your Funding Line
Our team will review your business and structure a facility tailored to it — no one-size-fits-all terms.