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#3 -_ 1 (1)

October 30, 2023

Source: Harbor Mexico

DELRAY BEACH, FLORIDA, UNITED STATES -  Harbor, a leading fintech specializing in digital financing and trading solutions for Small and Medium-sized Enterprises (SMEs), is pleased to introduce a dynamic team who will guide the Harbor Mexico Franchise to new heights. 

Mexico's status as the second-largest economy in Latin America, along with its consistent economic growth and stability, presents a favorable environment for Harbor to expand and support trade development. The 4.4 million SMEs in Mexico represent 35% of the country's GDP. However, their access to credit, especially trade finance, is limited.

Bryan Maloney, CEO of Harbor, commented, "Harbor Mexico's new leadership reflects our dedication to empower SMEs in international trade. We look forward to exploring more opportunities in Mexico and across Latin America."

Harbor extended its reach to Mexico in early 2022, leveraging a franchise model that allowed for efficient growth and deeper market penetration in Latin America. Harbor Mexico is comprised of a dedicated and experienced team of professionals who bring extensive expertise in trade finance, international commerce, and financial services. These individuals will play pivotal roles in promoting Harbor's commitment to fostering business growth and success in the international trade landscape. 

Meet the owners and leadership of the Harbor Mexico Franchise:

Alejandro Luna, Managing Director - With two decades of experience as an investment banker in New York City, Alejandro possesses a wide-ranging expertise in trade finance, project finance, structured finance, privatizations, public-private partnership agreements, and corporate banking across Latin America, the United States, and Canada. His prior roles at Citibank, Willis, BBVA, and the Bank of Tokyo (MUFG), and as CEO of Lumextrade have provided him with comprehensive knowledge of trade finance products for the Latin American market.

Gilberto Mendoza, Managing Director - A seasoned professional with more than 29 years of experience in strategically managing financial solutions for corporate, government, and SMEs. Gilberto is well-versed in negotiating, implementing, and structuring credit schemes, particularly in factoring, supply chain finance, and trade. He has held significant positions at BBVA and Telefónica Factoring and has also served as the Chairman of the Board of the Mexican Association of Factoring Companies (AMEFAC).

Jorge Burgos, Advisor - An experienced banker with an illustrious 26-year career spanning commercial and development banking. Jorge specializes in credit structuring, offering short-term and long-term credit solutions, and creating risk mitigation structures. He has held pivotal roles in various financial institutions, including HSBC, BBVA, Citi, Inter-American Development Bank, GE Capital, and more, working with corporates, middle-market companies, SMEs, financial institutions, and the public sector.

Alejandro Luna of Harbor Mexico, shared, "Mexico is uniquely positioned in the next few years to benefit from very rapid and dynamic changes in nearshoring of supply chains, digitalization of banking services, and investor appetite for cross border finance. I'm very excited to participate in building the Harbor’s franchise in LatAm, and I'm confident that our combined expertise will drive success in the international trade landscape, providing valuable support to SMEs and businesses in Mexico and beyond."

About Harbor

Harbor is dedicated to empowering businesses to unlock their full potential in global trade operations. With our comprehensive suite of products and services, small and medium-sized enterprises (SMEs) can engage in international commerce with newfound efficiency and confidence. At Harbor, we specialize in providing reliable trade finance programs, like Supply Chain Finance, Receivables and Inventory Finance. The company aims to address the challenges faced by SMEs in their international trade activities, such as limited access to finance, lack of centralized data, and the need for process automation.