Why we do
what we do
At Summar, we believe that funding your business’ growth should be fast and simple. We do this by understanding the challenges you face and offering:
- Transparent pricing
- No chargebacks
- Personalized service
We are a no-hassle funding company.
+5000
+20 years
of experience
+1 billion
financed/year
Meet our leaders
Álvaro José Otoya
President and Founder
Specialist in Economics and expert in credit analysis, financial management, factoring, and capital increase.
Always on the move. An intuitive, great leader.
Iván Martínez
VP of Sales and Business Development
Deep experience helping national and international companies grow with customized factoring and supply chain finance solutions.
He is pure energy. His positivism is contagious!
Jennifer Casas
Operations Director
MBA graduate with more than 10 years of experience in factoring and international business.
Her passion and drive inspire everyone around her.
Luis M. Cabrera
Portfolio Director
Business Administration and Management graduate with more than 15 years of experience in freight factoring.
He will always be there for you.
Lucía Baquero
HR Director
Psychologist and Specialist in Strategic Management of Human Resources, with 15 years of experience in HR.
She is our rock – our calm place.
David Gómez
Chief Financial Officer
MBA and Master of Finance with more than 10 years of experience at C-level in financial, manufacturing and services companies. Engineering and Business Administration degree.
He makes superhard stuff look easy.
Martha Hernández
Marketing Director
MBA graduate with 12 years of experience in marketing and communications.
She remembers everything and never misses a thing.
Yobany Espitia
Vice President of Operations
Industrial engineer, finance and production specialist, MBA & M. Sc. in Innovation. +12 years leading financial operations teams.
He has the best remarks in any conversation.
Jorge Hernández
Chief Innovation Officer
Electronic Engineer passionate about data with more than 20 years of experience in customer-facing operational innovation.
He is as modest as he is insightful.
Funding Center
+1 million invoices processed I + 4 million all-time funded
Milestones
A brief history of Summar
-
2004
Summar es fundada en Miami, Florida, como una empresa de factoraje internacional.
-
2006
Alcanzamos nuestros primeros US$20 millones en transacciones fondeadas.
-
2009
Abrimos nuestra oficina en Colombia como parte de nuestra estrategia de nearshoring.
-
2010
Summar consigue su primera línea de crédito bancaria.
-
2011
Lanzamos nuestro portafolio de Factoring de Transporte bajo el nombre de CashFactor.
-
2013
Triplicamos nuestra línea de crédito para fondeo, dinamizamos nuestro departamento de operaciones y fortalecimos nuestro equipo para crecer más rápido.
-
2014
Summar compra su edificio de oficinas en Miami y aumenta su equipo en un 45%.
-
2015
Desarrollamos nuevas tecnologías, de la mano de un aliado externo, para reducir nuestro tiempo de procesamiento en un 20%, permitiéndonos entregar fondeos más ágiles.
-
2016
Lanzamos nuestro servicio de Línea de pago a proveedores.
-
2017
Nos unimos a Scaling-Up, un programa del Gazelles Growth Institute, para ayudar a los negocios pequeños a expandirse y crecer.
Consolidamos nuestras marcas Summar y CashFactor en una sola: Summar.
-
2018
Lanzamos nuestra promesa de marca de financiación de 2 horas. Las compras relacionadas con nuestro servicio de Línea de pago a proveedores crecen un 1000% desde su lanzamiento en 2017.
-
2019
Creamos Summar University para los equipos de ventas, servicio al cliente y cobranzas.
-
2020
Abrimos nuestra división en Texas y fortalecimos nuestro departamento de ventas.
Lanzamos una nueva cara de Summar, con una renovación de nuestra imagen corporativa.
-
2021
Llegamos a 1.000.000 de facturas procesadas.
Alliances and affiliations
Ready to learn more about us?
Send us your contact information, and we’ll get in touch with you in one business day or less.
