CONCRECES

What CONCRECES does

CONCRECES (Unión de Crédito Concreces S.A. de C.V.) is a Mexican regulated credit union founded in 1979 and headquartered in Oaxaca de Juárez, Oaxaca. It is one of the three oldest credit unions in Mexico with approximately 45 years of continuous operation, 2,300+ member-partners (socios), and is recognized as the largest credit union by loan portfolio in southern and southeastern Mexico. The entity is authorized by the Federal Government under Article 14 of the Ley de Uniones de Crédito (LUC) and supervised by CNBV and CONDUSEF, with EY serving as independent auditor for annual financial statements published from 2015 through 2025.

The company offers two principal product lines. The commercial/credit line includes Crédito Puente (bridge financing for real estate developers, up to 65% of project value at TIIE + 6.5%–8.5%, with 2.7% + VAT disposition commission), Crédito Pre-Puente (pre-bridge land financing up to 25% of land value, 4-month terms), Crédito PyME (SME working capital from MX$500K to MX$44M, TIIE + 12.5 pp), and CONDUSEF-standardized products (Refaccionario, Habilitación o Avío, Cuenta Corriente, Crédito Simple). The patrimonial/wealth line includes Inversión Patrimonial (peso- and dollar-denominated investment notes with three maturity structures), Concreces Empresarial (corporate cash management and tax strategy), Concreces Patrimonial (wealth management), and Crédito con Garantía Líquida (back-to-back liquidity-secured credit). All credit products require active membership through purchase of union shares.

Concreces generates revenue primarily through interest income on credit operations at TIIE-based rates plus spreads of 6.5–12.5 percentage points, disposition commissions of 2.5%–2.7% plus VAT on loan disbursements, and membership share purchases (1,000 shares minimum). Distribution is conducted through direct relationship management with developers, constructors, and corporate clients, with national reach concentrated in southern and southeastern Mexico. Its primary customer segments are real estate developers and PyMEs, supported by individual and corporate investment partners seeking yields above government securities (Cetes). The organization operates without a proprietary technology platform; credit evaluation and disbursement are relationship-managed processes.

Name

CONCRECES

Legal name

CONCRECES S.A. de C.V.

Website

https://concreces.mx

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

CONCRECES is a Mexican regulated credit union (Unión de Crédito) founded in 1979 and headquartered in Oaxaca, serving 2,300+ member-partners through real estate bridge loans, SME credit lines, and wealth management products across southern and southeastern Mexico.

Ownership category

akta.pro rank

Product category

Credit Union / Cooperative Lending

NAICS

Credit Unions (52213), Credit Unions (522130)

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

CRE Loan Syndication & Participation (FSALADAK)

akta.pro secondary industry

Personal Loan & Unsecured Credit Intermediation (FSAEAEAM)

Keywords

• Credit union services
• SME lending
• Real estate financing
• Investment notes
• Construction bridge loans

Headquarters

HQ city

Oaxaca

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Interest Income from Credit Operations: Primary revenue from interest charged on various credit products including Crédito Puente, Crédito Pre-Puente, Crédito PyME, Crédito Simple, Crédito Refaccionario, Crédito de Habilitación o Avío, and Crédito con Garantía Líquida. Interest rates are typically tied to TIIE plus spread.
2. Membership Fees: Revenue from membership requirements where partners must purchase shares (1,000 actions for basic membership, 2,500 UDIS for Back to Back services) to access credit products.
3. Commission Income: Disposition commissions charged on credit disbursements, typically 2.5% to 2.7% plus VAT on the amount drawn.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

CONCRECES is a Mexican regulated credit union (Unión de Crédito) that provides credit and investment products to its members. Its commercial/business line includes construction bridge loans (Crédito Puente), pre-bridge land financing (Crédito Pre-Puente), SME working capital and fixed-asset credit (Crédito PyME, Crédito Simple, Crédito Refaccionario, Crédito de Habilitación o Avío, Cuenta Corriente), and liquid-guarantee back-to-back credit lines. Its Patrimonial line offers investment notes (Inversión Patrimonial), corporate cash-flow management (Concreces Empresarial), and wealth management (Concreces Patrimonial). Access to all offerings requires active membership through the purchase of union shares.

Product overview

CONCRECES is a Mexican credit union (Unión de Crédito) offering an integrated portfolio of financial products and services. The core offering consists of two main segments: Patrimonial/Wealth Management products (Inversión Patrimonial, Concreces Empresarial, Concreces Patrimonial, Crédito con Garantía Líquida) providing investment and wealth management solutions; and Commercial/Business credit products (Crédito PyME, Crédito Puente, Crédito Pre-Puente, Crédito Simple, Crédito Refaccionario, Crédito de Habilitación o Avío, Crédito en Cuenta Corriente) serving SME and real estate development financing needs. Products are distributed through their regulated union structure, requiring active membership via share purchase.

Differentiator

Problem solved

Functional benefit

Brands

• Concreces Empresarial: Financial program for the proper administration of member flows with financial and tax strategy advisory services.
• Concreces Patrimonial
• Inversión Patrimonial

Products and services

• Inversión Patrimonial Investment instrument offering bearer notes with yields in pesos or dollars superior to Cetes, available in three maturity options: at maturity, monthly interest payments, or prepaid interest with capital at end. Targeted at individual and corporate partners seeking higher-yielding alternatives to government securities.
• Concreces Empresarial Program for managing partner financial and fiscal flows, offering short-term (180 days to 1 year) and long-term strategies with competitive interest rates, dynamic portfolios, and financial and tax strategy advisory services. Targeted at corporate and enterprise partners.
• Concreces Patrimonial Comprehensive wealth growth scheme for individual partners with flexible terms, attractive interest rates above Cetes, monthly reporting certainty, and liquidity availability aligned with member cash flows.
• Crédito con Garantía Líquida (Back to Back) Credit line supporting members' financial, legal, and fiscal needs without compromising liquidity, available in pesos or dollars with fixed or variable rates and minimum membership of 2,500 UDIS for the Back-to-Back service.
• Crédito PyME Financing program for small and medium enterprises seeking working capital, facility upgrades, or fixed assets. Credit amounts range from $500,000 pesos up to 44 million pesos at TIIE + 12.5 percentage points, requiring 6 months minimum market experience and credit union membership.
• Crédito Puente Medium-term construction bridge credit for developers and builders of multi-family buildings, housing developments, and subdivisions. Finances up to 65% of project sale value with up to 20% advance, TIIE + 6.5% to 8.5% rates, terms up to 36 months, and 2.7% + VAT disposition commission.
• Crédito Pre-Puente Complementary pre-bridge credit line for future project developers needing initial investment liquidity, financing up to 25% of land value with a 4-month term (extensions available), TIIE + 8.5% to 12% rates, and 2.7% + VAT disposition commission.
• Crédito Simple Basic credit product with a 2.5% opening commission on the credit amount, designed to address general SME business financing needs.
• Crédito Simple en Escrito Privado Simple credit facility executed under private document format, with a 12.5 percentage point spread and 2.5% disposition commission, targeted at SME borrowers.
• Crédito Refaccionario Credit for acquiring fixed assets, linked to CONDUSEF technical specifications for SME financing, used by SMEs to finance productive asset purchases.
• Crédito de Habilitación o Avío Working capital and operational financing credit for businesses, structured according to CONDUSEF technical specifications to support day-to-day operations and seasonal capital needs.
• Crédito en Cuenta Corriente Current account revolving credit facility with a 1.5% annual commission on the credit amount, allowing members to draw funds as needed up to an approved limit.

Quantifiable outcome

• Financing up to 65% of project sale value for real estate development
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• EY (Ernst & Young)coreOthersEY serves as the independent auditor for Concreces, providing annual audited financial statements. Financial reports from 2015-2025 are audited by EY, demonstrating regulatory compliance and financial transparency.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Finsus: Mexican Unión de Crédito offering investment products and credit to members through a digital-first model; directly comparable to Concreces as another federally authorized credit union competing for the same member/share-holder base in Mexico.
• Kubo Financiero: Mexican Unión de Crédito operating a digital platform for SME and consumer lending with a member-share structure parallel to Concreces's cooperative model; directly comparable as a regulated Mexican credit-union lender serving similar borrower segments.
• Consubanco: Mexican non-bank consumer and SME lender with a multi-decade track record serving working-class borrowers and small businesses; comparable product mix (payroll loans, PyME credit) and target market to Concreces.

Broad incumbents

• Banco Azteca: Mexican retail bank with nationwide branch network serving SMEs and consumer segments; broad incumbent whose mass-market Mexican lending footprint overlaps with Concreces's target markets.
• Banco Compartamos: Mexican microfinance bank serving low-income individuals and SMEs with a national branch network; broad incumbent in Mexican inclusive finance whose PyME and consumer credit operations overlap with Concreces's target segments.
• Banorte: One of Mexico's largest commercial banks with strong SME and corporate lending operations; broad incumbent whose Mexican business banking franchise competes with Concreces for SME and developer clients.

Emerging players

• Kueski: Mexican online consumer and SME lender using alternative credit scoring; emerging fintech peer operating in the same Mexican non-bank lending space as Concreces.
• Covalto (formerly Consubanco): Mexican digital business bank spun out of Consubanco, focused on SME lending and treasury products; emerging fintech peer in the same Mexican SME credit market where Concreces's PyME products compete.
• Nu México: Mexican digital bank offering consumer credit cards and personal loans to underbanked segments; emerging fintech competitor reshaping pricing and onboarding standards in the Mexican credit market.

Regional players

• Banco del Bajío: Mexican regional commercial bank with deep SME and agribusiness penetration across central Mexico; regional player whose SME-focused lending strategy mirrors Concreces's regional relationship-led approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/concrecesmx

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CONCRECES