Soda Capital
Soda Capital is a Mexico-based SOFOM ENR founded in 2020 that provides bridge financing for real estate developers, offering a four-product suite (Pre-Puente, Puente Tradicional, Cierre de Obra, Mezzanine Compuesto) covering land acquisition through project completion.
- Company typePrivate
- Founded2020
- HeadquartersCuajimalpa, Mexico
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Soda Capital does
Soda Capital is a Mexico-based, privately held financial services company constituted as SODA FN, S.A.P.I. de C.V. SOFOM ENR (Sociedad Financiera de Objeto Múltiple Entidad No Regulada), supervised by Mexico's Comisión Nacional Bancaria y de Valores (CNBV) under Article 56 of the applicable law. Founded in 2020 and headquartered in the Santa Fe business district of Mexico City, the firm specializes in bridge lending ("crédito puente") for real estate developers across the full development lifecycle in the Mexican market.
The company's core offering is a four-tier bridge credit product suite: Pre-Puente (up to 20% of land value, terms up to 24 months, to bridge acquisition-to-bank-debt), Puente Tradicional (up to 80% of construction cost, terms up to 48 months), Cierre de Obra (short-to-medium-term, up to 18 months, for project completion), and Mezzanine Compuesto (subordinated to bank debt, accepts additional collateral, terms up to 36 months). Capital is disbursed progressively against physical construction progress (verified by supervisors) and financial progress (documented via invoices and CFDI fiscal receipts), with interest-only monthly payments during the construction phase and principal repayment at exit via escrituración proceeds. Underwriting evaluates projects across technical, financial, legal, and commercial dimensions; the company publishes a <60-day initial funding target and a <7-day viability response as key service-level commitments. The technology stack includes adoption of a joint digital lending platform developed with SBS and Vero Technologies.
Soda's business model is interest income on bridge loans priced over TIIE (the Mexican interbank benchmark rate), supplemented by origination and disbursement fees that cover project analysis, legal due diligence, and credit structuring. Distribution combines direct enterprise sales to mid-market developers, an independent broker referral program (with commission-bearing legal contracts), and a digital self-service application ("Inicia tu Trámite"). The customer base documented on the website consists of small-to-mid-market developers of boutique and luxury residential projects in premium Mexican markets including Tulum, Puerto Escondido, Valle de Bravo, Playa del Carmen, Mexico City, and San Miguel de Allende; minimum project size is $5 million MXN with no stated maximum. Revenue, headcount, and funding history are not publicly disclosed beyond a 1–10 employee indicator and an uninitialized "0 proyectos fondeados desde el 2020" counter on the company website.
Soda Capital firmographics
Firmographics- Name
- Soda Capital
- Legal name
- SODA FN, S.A.P.I. DE C.V. SOFOM ENR
- Website
- https://sodacapital.mx
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Soda Capital is a Mexico-based SOFOM ENR founded in 2020 that provides bridge financing for real estate developers, offering a four-product suite (Pre-Puente, Puente Tradicional, Cierre de Obra, Mezzanine Compuesto) covering land acquisition through project completion.
- Ownership category
- akta.pro rank
Soda Capital industry classification
Industry- Product category
- Real Estate Bridge Financing
- NAICS
- Real Estate Credit (522292), Other Nondepository Credit Intermediation (52229), Credit Intermediation and Related Activities (522)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Land Acquisition, Lot Development & Construction Financing (AD&C) (FSALAHAI)
- akta.pro secondary industries
- Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH), Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)
Keywords
Where Soda Capital is headquartered
LocationHeadquarters
- HQ city
- Cuajimalpa
- HQ country
- Mexico
- HQ region
- Latin America
Offices2 records
Markets served
Soda Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Bridge Credit Interest Income: Soda Capital earns interest income on its bridge credit portfolio. Loans are priced with rates typically structured over TIIE (Mexican benchmark interbank rate), with the cost of debt varying based on project risk, stage, and loan-to-value. Interest is paid monthly during the construction phase (interest-only period), and principal is repaid at exit via escrituración (property transfer/sale) proceeds.
- Origination and Disbursement Fees: Upfront fees charged at loan origination and disbursement milestones. These fees cover the costs of project analysis, legal due diligence, and credit structuring services provided to the developer client.
- Credit Bridge Products: Four distinct credit products serving different stages of the real estate development cycle: Pre-Puente (land acquisition financing), Puente Tradicional (construction financing up to 80% of costs), Cierre de Obra (project completion financing), and Mezzanine Compuesto (subordinated capital alongside senior bank debt). Each product generates interest income with terms ranging from 18 to 48 months.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Pre-Puente — Land acquisition financing for project initiation |
| Other | Monthly | Puente Tradicional — Construction financing up to 80% of build cost |
| Other | Monthly | Cierre de Obra — Project completion financing |
| Other | Monthly | Mezzanine Compuesto — Subordinated capital alongside bank debt |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
Soda Capital product offering
Product offeringCore offering
Soda Capital provides bridge and asset-based credit products for real estate developers in Mexico, delivering a four-product suite — Pre-Puente, Puente Tradicional, Cierre de Obra, and Mezzanine Compuesto — that funds land acquisition, construction, project completion, and subordinated capital needs. Financing is structured around project-based underwriting, progress-based disbursements (physical and financial), interest-only payments during construction, and repayment from property sale (escrituración) proceeds, with funding decisions made in under 60 days.
Product overview
Soda Capital is a Mexican real estate bridge financing company (SOFOM ENR) offering a portfolio of four specialized bridge credit products designed for different stages of real estate development: Pre-Puente for early-stage planning, Puente Tradicional for active construction, Cierre de Obra for project completion, and Mezzanine Compuesto for projects requiring subordinated debt. The products are structured to provide financing in under 60 days, with flexible terms ranging from 18 to 48 months depending on the product. The company also operates an independent broker network program to expand its market reach.
Differentiator
Problem solved
Functional benefit
Products and services
- Pre-Puente Bridge financing for real estate developers at the planning stage, providing up to 20% of land value with a term of up to 24 months, intended to bridge to senior bank debt. Minimum project size from $5M MXN; no early payment penalty.
- Puente Tradicional Traditional bridge financing for real estate developers during active construction, providing up to 80% of construction costs with terms up to 48 months. Funding available in under 60 days from first contact, with agile subsequent fundings and interest-only payments during the construction phase.
- Cierre de Obra Completion financing product for real estate projects in advanced stages that need emergency capital due to sales gaps or halted bank financing. Offers a flexible structure with short-to-medium-term duration up to 18 months and an agile escrituración process.
- Mezzanine Compuesto Compound mezzanine financing for real estate developers, allowing subordination to senior bank debt and accepting alternative collateral. Available for project initiation or completion, with terms up to 36 months.
- Red de Brókers Independientes (Independent Broker Network Program) Channel partnership program enabling independent real estate brokers (both individuals with business activity and legal entities) to refer real estate development clients in exchange for commissions on completed deals, with transparent process updates and exclusive involvement supported by legal contracts.
Quantifiable outcome
- Funding in under 60 days from first contact vs. 4-6 months for traditional banks
- +6 more outcomes
Companies that use Soda Capital
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Soda Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Soda Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SBS and Vero Technologies (Joint Digital Platform)coreSoda Capital adopted the joint digital platform developed by SBS and Vero Technologies to enhance floorplan financing for independent finance companies globally. The platform aims to digitize and automate key lending processes for wholesale financing systems, improving operational efficiency and dealer experiences. Soda Capital and Auto Use are noted as participants in this platform, which represents a step toward modernizing floorplan financing for smaller and mid-sized lenders.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Soda Capital competitors and assessment
Company assessmentEmerging players
- Kueski Pay: Mexican fintech lender providing consumer and SMB credit. Adjacent peer as another Mexican non-bank digital lender expanding into broader credit use cases; relevant for benchmarking alternative-lending UX and risk models in Mexico.
- Kapital: Mexican fintech offering working-capital and SMB lending solutions. Comparable as a Mexican non-bank digital lender using alternative underwriting to serve segments underserved by banks; thematic peer for the Mexican alt-lending ecosystem.
Broad incumbents
- Covalto: Mexican digital banking and lending platform (formerly Consubanco) offering credit products to SMEs and individuals. Overlaps with Soda Capital in Mexican non-bank lending but at broader scale and with deposit-taking capability.
- Actinver: Mexican financial group offering banking, asset management, and structured credit. Comparable as a broad incumbent with real estate and corporate lending capabilities, though not specialized in developer bridge finance.
- Banco Compartamos: Mexican microfinance and consumer lender with significant presence in underserved segments. Broad incumbent in Mexican non-bank credit; useful benchmark for SOFOM-style lending at scale, though focused on consumer rather than real estate.
Direct peers
- Serfimex Capital: Mexican financial company focused on equipment and construction financing for SMEs and developers. A direct peer in asset-based and construction lending in Mexico, with overlapping customer base of developers and contractors.
- Finterra: Mexican SOFOM providing structured credit to SMEs and developers. Comparable to Soda Capital as a Mexico-based non-bank lender offering project-based credit products to underserved borrowers outside the traditional banking system.
Regional players
- CRESKO: Mexican alternative lender providing SME and developer financing solutions. Comparable as a regionally focused Mexican credit provider serving SMEs outside the traditional banking perimeter, with overlapping customer segments.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Soda Capital social profiles
Digital presenceSoda Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Soda Capital leadership team
Management profileNumber of profiles
Soda Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Soda Capital 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 Soda Capital
What does Soda Capital do?
Soda Capital provides bridge and asset-based credit products for real estate developers in Mexico, delivering a four-product suite — Pre-Puente, Puente Tradicional, Cierre de Obra, and Mezzanine Compuesto — that funds land acquisition, construction, project completion, and subordinated capital needs. Financing is structured around project-based underwriting, progress-based disbursements (physical and financial), interest-only payments during construction, and repayment from property sale (escrituración) proceeds, with funding decisions made in under 60 days.
Is Soda Capital a public or private company?
Soda Capital is a private company. It is classified as unknown and is currently operating.
When was Soda Capital founded?
Soda Capital was founded in 2020. It employs 1 to 10 people.
Where is Soda Capital based?
Soda Capital is headquartered in Cuajimalpa, Mexico, in the Latin America region.
How does Soda Capital make money?
Three revenue lines are on record. Bridge Credit Interest Income is the primary driver. The others are origination and Disbursement Fees and credit Bridge Products.
Who are Soda Capital's main competitors?
Emerging players on record are Kueski Pay and Kapital. Broad incumbents are Covalto, Actinver and Banco Compartamos. Direct peers are Serfimex Capital and Finterra. CRESKO is listed as a regional player.
Does Soda Capital have an API?
No public API is recorded for Soda Capital.
What industry is Soda Capital in?
Soda Capital's product category is Real Estate Bridge Financing. Its primary akta.pro industry code is FSALAHAI, Land Acquisition, Lot Development & Construction Financing (AD&C), with a secondary code of FSALADAH, Construction & Development (C&D) Lending — Commercial/Multifamily. Its NAICS code is 522292 and its SIC code is 6162.