A practical route to financing a typical investment

The route the dossier sets out: (1) senior bank debt with BI, Banrural, G&T, BAM or BAC depending on sector and region, secured by a mortgage or by movable collateral filed at the RGM — in US$ if there is dollar revenue (exporter, free zone), in GTQ if not; (2) working capital through invoice factoring, a pledge bond over inventory held in a deposit warehouse, or exchange-traded commercial paper if the issuer qualifies for the BVN; (3) equipment and machinery through leasing under Decree 2-2021, with lessors funded on the exchange; (4) for a scale of US$50 M or more, or a green or social agenda, lines or co-financing from the IFC, IDB Invest, the BCIE or DFC, normally intermediated by those same banks, with international precedents only for national champions (CBC, Comcel, BI through DPRs); (5) private, relationship-driven equity, because there is no functioning equity exchange and no institutional local PE. The official counterpoint on the investment climate and access to credit is the State Department's Investment Climate Statement 2025.

The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.