Acindar Pymes
Acindar Pymes is a Sociedad de Garantía Recíproca (SGR) backed by ArcelorMittal Acindar that provides mutual guarantees to Argentine SMEs, facilitating their access to bank credit and capital markets financing through a digital platform with pre-qualification, commission calculation, and check simulation tools.
- Company typePrivate
- Founded2019
- HeadquartersBuenos Aires, Argentina
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Acindar Pymes does
Acindar Pymes S.G.R. is a Sociedad de Garantía Recíproca (mutual guarantee society) based in Buenos Aires, Argentina, operating as a subsidiary within the ArcelorMittal Acindar group. The company provides guarantees to Argentine small and medium enterprises (PyMEs) to facilitate their access to bank credit and capital markets financing under improved terms. Its core function is to issue avales (guarantees) that substitute for the collateral or credit history that SMEs typically lack, enabling them to secure working capital, investment financing, and check discounting. The company administers a risk fund of over 7,500 million Argentine pesos, contributed to by protective partners (socios protectores) who receive tax benefits and financial returns in exchange.
The company's technology stack centers on a digital platform comprising four customer-facing tools: a Precalificador Online (online pre-qualification system providing credit ratings up to 150 million pesos), an Asesor Financiero Virtual (virtual financial advisor), a Cotizador de Comisiones (commission calculator), and a Simulador de Cheques (check discounting simulator). The platform enables self-service access to guarantee services and operates in both Argentine peso and US dollar denominations. Distribution is multi-channel: direct digital self-service via the website, banking partner relationships where guarantees are applied to credit lines, and capital markets access for negotiable obligations.
Acindar Pymes generates revenue through transaction-based commission fees on guarantees issued, with rates varying by instrument type: 4.2% TNA for checks (echeq and physical), 3.85% TNA for peso-denominated loans and pagarés (up to 365 days), 2.00% TNA for USD-denominated instruments, and 0.20-0.40% direct cost for value management. The company also offers check discounting services at rates of 20.07-27.79% TNA depending on maturity. The go-to-market motion is sales-led, combining digital self-service with bank and capital market distribution channels. The customer base is horizontally diversified across Argentine SMEs from various sectors seeking improved financing access.
Acindar Pymes firmographics
Firmographics- Name
- Acindar Pymes
- Legal name
- Acindar Pymes S.G.R.
- Website
- https://acindarpymes.com.ar
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Acindar Pymes is a Sociedad de Garantía Recíproca (SGR) backed by ArcelorMittal Acindar that provides mutual guarantees to Argentine SMEs, facilitating their access to bank credit and capital markets financing through a digital platform with pre-qualification, commission calculation, and check simulation tools.
- Ownership category
- akta.pro rank
Acindar Pymes industry classification
Industry- Product category
- Mutual Credit Guarantee Services (SGR)
- NAICS
- Sales Financing (52222)
- SIC
- Surety Insurance (6351)
- akta.pro primary industry
- SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)
Keywords
Where Acindar Pymes is headquartered
LocationHeadquarters
- HQ city
- Buenos Aires
- HQ country
- Argentina
- HQ region
- Latin America
Offices1 record
Markets served
Acindar Pymes business model
Business model- GTM type
- B2B
- Offering type
- Services
Revenue model
- Aval/Guarantee Commissions: Acindar Pymes charges commissions for providing guarantees to SMEs. Commission rates vary by instrument type (checks, bonds, loans) and currency (Peso or Dollar). Rates include 4.2% TNA for checks, 3.85% TNA for Pesos loans, 2.00% TNA for USD loans, and 0.20-0.40% direct cost for value management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Echeq/Cheques - 4.2% TNA |
| Transaction based/ take rate | Pay-as-you-go | Pagarés - 3.85% TNA (Peso) / 2.00% TNA (USD) |
| Transaction based/ take rate | Pay-as-you-go | Préstamos - 3.85% TNA (Peso) / 2.00% TNA (USD) |
| Transaction based/ take rate | Pay-as-you-go | Obligaciones Negociables - 3.85% TNA (Peso) / 2.00% TNA (USD) |
| Transaction based/ take rate | Pay-as-you-go | Gestión de Valores - 0.20-0.40% |
| Other | Pay-as-you-go | Pre-calificación crediticia - hasta $150,000,000 |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Acindar Pymes product offering
Product offeringCore offering
Acindar Pymes operates as a Sociedad de Garantía Recíproca (SGR) that issues mutual guarantees to help Argentine small and medium enterprises (SMEs) access bank credit and improve financing conditions. It is associated with the ArcelorMittal Acindar group.
Product overview
Acindar Pymes is a Sociedad de Garantía Recíproca (SGR) that operates as a mutual guarantee society facilitating credit access for Argentine SMEs. The company provides guarantee instruments that improve financing conditions for small and medium enterprises through partnerships with banks and capital markets. The core platform consists of guarantee services (Avales Bancarios, Avales para Obligaciones Negociables, Préstamos, Descuento de Cheques) supported by digital tools including the Precalificador Online, Asesor Financiero Virtual, Cotizador de Comisiones, and Simulador de Cheques. The Socios Protectores program enables individuals and companies to contribute to the risk fund in exchange for tax benefits and financial returns.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 70% increase in guarantees issued in 2021 compared to previous year
Companies that use Acindar Pymes
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Acindar Pymes technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Acindar Pymes partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Aconcagua CriptomonedascoreStrategic partnership with Aconcagua startup to provide the first credit backed by cryptocurrencies in Argentina. Through this alliance, a local company obtained credit using their cryptocurrencies as collateral.
- Santander ArgentinacoreCommercial alliance with Santander focused on triple impact sustainability financing. Renews joint work commitment for the benefit of Argentine SMEs with focus on sustainable initiatives.
Scale indicators2 records
Recent moves4 records
Expansion highlights8 records
Acindar Pymes competitors and assessment
Company assessmentEmerging players
- Afluenta: Argentine peer-to-peer lending platform connecting SMEs with individual investors, offering an alternative guarantee-free credit channel. Comparable target market with alternative business model.
- Naranja X: Argentine fintech with consumer and SME credit products. Comparable as an emerging digital player addressing financial access in Argentina, though focused more on consumer credit.
- Mercado Pago: Argentine fintech offering credit and working-capital products to merchants and SMEs via Mercado Libre's ecosystem. Comparable as an emerging alternative SME financing channel that could partially disintermediate traditional SGR guarantees.
- Ualá: Argentine fintech with credit and payment products targeted at underserved consumers and small businesses. Adjacent competitor in SME financial inclusion, with different product mix but overlapping customer base.
Direct peers
- Garantizar SGR: Argentina's largest mutual guarantee society (SGR), providing guarantees to PyMEs across the country. Directly comparable to Acindar Pymes in legal structure, target customer, and product offering, but operates at meaningfully larger scale.
- ALIANZA SGR: Argentine SGR focused on providing guarantees and credit access to SMEs, operating under the same SGR regulatory framework as Acindar Pymes and competing for the same borrower base.
- Afianzar SGR: Argentine SGR offering mutual guarantees to SMEs with similar commission-based pricing models and digital onboarding tools. Closely comparable product/customer profile to Acindar Pymes.
Broad incumbents
- Banco de Inversión y Comercio Exterior (BICE): Argentine development bank providing credit lines, guarantees, and financing instruments to PyMEs. Comparable in serving the SME credit-access mission, though with broader mandate and balance sheet.
- Banco Santander Argentina: Major Argentine commercial bank that is also Acindar Pymes' GTM partner for SME sustainability financing. Comparable as an SME financing provider but operates at vastly greater scale and broader scope than a pure SGR.
- Banco Galicia: One of Argentina's largest private banks with significant SME lending operations. Comparable as a major SME financing provider, offering direct credit that competes with SGR-guaranteed loans.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Acindar Pymes social profiles
Digital presenceAcindar Pymes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Acindar Pymes leadership team
Management profileNumber of profiles
Acindar Pymes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Acindar Pymes M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Acindar Pymes
What does Acindar Pymes do?
Acindar Pymes operates as a Sociedad de Garantía Recíproca (SGR) that issues mutual guarantees to help Argentine small and medium enterprises (SMEs) access bank credit and improve financing conditions. It is associated with the ArcelorMittal Acindar group.
Is Acindar Pymes a public or private company?
Acindar Pymes is a private company. It is classified as corporate owned and is currently operating.
When was Acindar Pymes founded?
Acindar Pymes was founded in 2019. It employs 11 to 50 people.
Where is Acindar Pymes based?
Acindar Pymes is headquartered in Buenos Aires, Argentina, in the Latin America region.
How does Acindar Pymes make money?
One revenue line is on record: aval/Guarantee Commissions.
Who are Acindar Pymes's main competitors?
Emerging players on record are Afluenta, Naranja X, Mercado Pago and Ualá. Direct peers are Garantizar SGR, ALIANZA SGR and Afianzar SGR. Broad incumbents are Banco de Inversión y Comercio Exterior (BICE), Banco Santander Argentina and Banco Galicia.
Does Acindar Pymes have an API?
No public API is recorded for Acindar Pymes.
What industry is Acindar Pymes in?
Acindar Pymes's product category is Mutual Credit Guarantee Services (SGR). Its primary akta.pro industry code is FSAEAEAI, SBA/USDA Government-Backed Loan Intermediation. Its NAICS code is 52222 and its SIC code is 6351.