Nacional Financiera

Country: Mexico

At Celtic Dynamics, we support businesses across Mexico in accessing financing for cleaner, more efficient technologies. One of the most important tools available today is Eco-Crédito Sustentable, a funding program from Nacional Financiera (Nafin) designed to help small and medium-sized enterprises (SMEs) invest in sustainable energy solutions.

In addition to financing, Eco-Crédito Sustentable offers businesses guidance on selecting the right technologies for their specific needs. For example, an SME involved in food processing might benefit from energy-efficient refrigeration solutions that not only preserve the quality of their products but also significantly lower their energy expenditure. Such tailored advice is crucial for businesses looking to maximize their investments in sustainable technologies.

This program not only reduces upfront costs for new equipment but also drives long-term savings through energy efficiency and renewable technologies.

What is Eco-Crédito Sustentable?

Eco-Crédito Sustentable is a financing scheme offered by Nacional Financiera, Mexico’s leading development bank. The goal is simple: to provide sustainable energy loans that allow SMEs to adopt high-efficiency equipment such as LED lighting, air conditioning systems, solar panels, and efficient refrigeration.

Furthermore, the Eco-Crédito Sustentable program is structured to promote not just immediate financial benefits but also long-term environmental sustainability. By transitioning to energy-efficient systems, businesses contribute to Mexico’s national goals of reducing greenhouse gas emissions and promoting renewable energy sources. For instance, the adoption of solar panels can significantly decrease reliance on fossil fuels, aligning business operations with global sustainability initiatives.

By making these technologies more affordable, Eco-Crédito Sustentable supports both business competitiveness and Mexico’s national climate goals.

What is Offered by the Eco–crédito Sustentable Energy Fund?

This fund also provides various flexible payment options that cater to the financial capabilities of SMEs. Businesses can choose from different repayment plans that best suit their cash flow situation, making it easier for them to invest in energy efficiency without straining their financial resources.

• Financing: Up to 15 million pesos (mdp)
• Repayment Term: Up to 8 years
• Fixed Interest Rate: 16% annually for the entire loan term
• Grace Period: Up to 6 months for the installation of high-efficiency equipment and renewable technologies

Benefits of Eco-Crédito Sustentable

Moreover, participation in the Eco-Crédito Sustentable program can enhance a company’s reputation. As consumers increasingly prioritize sustainable practices, businesses that adopt green technologies may find themselves attracting more customers and gaining a competitive edge in the market. For instance, a restaurant that utilizes energy-efficient appliances can market itself as environmentally friendly, appealing to eco-conscious diners.

Choosing this financing program offers several key advantages:

• ✅ Affordable financing for energy efficiency projects

• ✅ Lower energy bills from reduced consumption

• ✅ Improved competitiveness for SMEs in Mexico

• ✅ Support for sustainability and reduced carbon footprint

• ✅ Access to modern, high-efficiency equipment

For many SMEs, the payback period is short, businesses often see significant cost reductions within just a few years of installation.

In addition to direct financial benefits, businesses can leverage government incentives associated with the Eco-Crédito Sustentable program. These incentives may include tax breaks or subsidies that further reduce the cost of implementing energy-efficient technologies. Businesses should stay informed about these opportunities to maximize their financial savings.

Eligible Technologies

Businesses can use this financing for the acquisition and installation of:

It’s worth noting that each technology eligible under the Eco-Crédito Sustentable program has been vetted for efficiency and reliability. For instance, the installation of photovoltaic systems not only generates renewable energy but can also lead to significant cost savings on electricity bills. This is particularly relevant in regions where electricity rates are high.

• Industrial and commercial refrigeration
• Air conditioning (1 to 10 tons of refrigeration)
• Lighting
• Electrical substations
• Capacitor banks
• Boilers
• Refrigeration chambers
• Solar water heaters
• Thermal insulation
• Photovoltaic systems
• Pumping equipment
• Motors, and more

Eligibility Requirements

To qualify for Eco-Crédito Sustentable, businesses must:

• Undergo an energy diagnosis conducted by a registered and validated project developer (DP)

  Furthermore, businesses that undergo an energy diagnosis often uncover additional efficiency opportunities. Engaging with a registered project developer can provide insights into potential energy waste areas and highlight other ways to save costs. This comprehensive approach ensures that businesses are not just receiving funding but also valuable consultation that can lead to significant operational improvements.

• Have been in operation for at least two years
• Be registered as a user of the Federal Electricity Commission (CFE) under commercial and industrial rates
• Maintain a good credit history

Who Can Apply?

Nacional Financiera also facilitates workshops and informational sessions for potential applicants. These events can be invaluable for SMEs that may not fully understand the financing options available to them or the application process. By educating business owners, Nacional Financiera enhances the likelihood of successful project implementations.

The scheme is aimed at Mexican SMEs (MiPyMEs) that meet certain conditions:

• Registered and active with the Servicio de Administración Tributaria (SAT).

• Have a contract with the Comisión Federal de Electricidad (CFE) for electricity supply.

• Maintain a good credit history with the financial system.

• Be formally established for at least two years of operation.

This makes it particularly valuable for established small and medium-sized businesses seeking to modernise operations.

How to Apply

Applying for Eco-Crédito Sustentable is straightforward. The steps typically include:

1. Energy Diagnosis – Work with an authorised provider to assess your current energy use.

2. Choose Eligible Technologies – Select from approved high-efficiency equipment.

3. Submit Documentation – Provide your company’s financials, SAT registration, and proof of CFE contract.

4. Loan Approval – Nafin and partner banks review and approve financing.

5. Installation and Monitoring – Install your chosen solutions and track savings.

At Celtic Dynamics, we assist clients at every stage of this process, from preparing the energy audit to selecting technologies and coordinating with certified installers.

Once the energy-efficient solutions are installed, businesses can monitor their energy consumption and savings through various tools provided by the program. These tools not only track financial metrics but also provide insights into environmental impact, allowing businesses to see the tangible benefits of their investments in real time.

Ready to secure funding for your energy-saving projects? Book a call with Celtic Dynamics to discuss the details further and receive a customised quotation. Our Energy Grant Applications service is designed to enhance your chances of success in securing grants for your energy initiatives.

By investing in financing options like the Eco-Crédito Sustentable, businesses are not only contributing to their bottom line but are also playing a pivotal role in shaping a sustainable future for Mexico. This commitment can resonate with employees and customers alike, fostering a culture of sustainability that permeates throughout the organization.