Why is private equity financing booming globally?
It has become much more than a phenomenon or a temporary trend in Spain. Alternative financing with private capital is here to stay. It is occupying a substantial part of the space traditionally reserved for banking institutions and it is taking advantage of it: it is being taken advantage of by the entrepreneurs who are resorting to it with success and continuity.
In effect, this is not so much a substitute but rather a complementary form of financing, which is ultimately broadening the range of products offered by traditional banks and helping to facilitate the growth of the business fabric itself.
In the case of DEXTERas its president, Yeidy Ramírez, points out, "We provide financing to start-ups or companies in growth stages, but also more and more our vocation is in parallel to help restructuring, and assuming more risk than traditional institutions; we go further by helping to catalyse innovation and entrepreneurship..
One of the differentiating factors of alternative financing is flexibility and agility in decision-making processes. "We respond quickly to changing market needs and offer customised solutions".Ramirez stresses.
Entrepreneurs are naturally appreciating the fact that companies such as DEXTER are making it possible to provide credit to firms in stressful situations where banks tend to withdraw and not absorb risk, especially in the case of small and medium-sized enterprises.