How R2's Embedded Lending Helped Miscelanea Miranda Grow Its Business by 400%
R2 Growth Series
At R2, we're committed to helping small and medium-sized businesses (SMBs) access the financing they need to grow and thrive. We believe that by providing embedded lending solutions that integrate seamlessly with our customers' daily tools to operate their business, we can help them achieve their goals more easily and efficiently. That's why we're excited to share the story of Francisco Rodriguez and his business, Miscelanea Miranda, a mini market in Mexico that grew over 400% with the help of R2's embedded lending solution.
Francisco's journey with R2 began in 2021 when he used his first loan to purchase inventory and expand his offerings, which resulted in an increase in sales. He continued to reinvest in his business with subsequent loans from R2. Despite starting in a small area equivalent to a parking spot, Francisco's dedication and hard work enabled him to expand his store to the size of a mini market, with a second floor fully dedicated to storing his inventory. As a result, monthly sales at Miscelánea Miranda have increased an impressive 400%.
R2's Head of Customer Operations, Natalia Calle, shared, "We are thrilled to have supported Francisco's business since June 2021. He’s had 5 loans with us, totaling more than USD $40K, which helped him continue to grow his business."
With R2's embedded lending solutions, Miscelanea Miranda was able to access the financing it needed quickly and seamlessly, without having to go through a lengthy and complicated application process. In gratitude for R2's support, Francisco thanked R2 “for helping Miscelánea Miranda to keep moving forward. Thanks to your support, my business has grown, and I want to continue growing with your help."
At R2, we're thrilled to have been able to help Miscelanea Miranda achieve their growth goals. We believe that embedded lending is the future of small business financing, and we're committed to providing innovative solutions that make it easier than ever for SMBs to access the financing they need to succeed. If you're interested in learning more about R2's embedded lending solutions and how they can help your business grow, we encourage you to get in touch with us today.