Denisse Sanchez Mora knows all about the challenges small businesses in Mexico face. From her office in Guadalajara, she dispenses commercial and legal advice to startups and entrepreneurs about how to grow their companies. Thanks to a Ps3 million ($161,000) loan from HSBC, Sanchez Mora has been able to do the same: opening a new office in Aguascalientes, investing in technology and hiring 20 new employees. Sanchez Mora’s business is one of the rarer ones. While small and medium-sized companies account for about nine out of every 10 businesses in Mexico, only around a third of those have access to bank financing, according to a recent central bank report. As of March, SMEs consumed 9.1% of all loans in Mexico, equivalent to just 2% of GDP, according to Moody’s.