Mexican SOFOM E.N.R. Tulum, since 2022. Most private credit shops want their principal back plus an interest coupon. We want the upside. A stake in what you're building, or a royalty on what it earns once it's open. Lead with the project. We'll figure out how we get paid.
We started something different. Capital Tulum puts money into projects the way an operator would — we'd rather own 20% of a hotel that works than charge 28% on a loan that doesn't.
That means the first call isn't about rates. It's about structure. Equity in your SPV. A royalty on gross receipts once the doors open. A revenue share on the events we help produce. We only reach for a traditional interest-bearing loan when none of those fit your deal.
The structure is unfamiliar to most people building hotels and bars in Tulum. Here it is in numbers — an example deal, start to finish.
Payments scale with how the business actually does. No principal to repay. No maturity date. No monthly drama.
A motorsport production company brought the NASCAR Mexico Series to Tulum for its inaugural street-race weekend. We floated part of production, security, and on-site logistics against ticket pre-sales and sponsor receivables. Settlement cleared in ten days.
Tulum is built by people who arrive with a dream and no Mexican credit history, by generational residents whose businesses are too small to register on a bank's radar, by creators whose income is real but looks unusual on paper. We see them. We partner with them.
You have a business plan, a product, or a signed contract — but no Mexican credit history the bank can read. Credit scores don't build hotels. People with plans do.
Bridge financing for a construction project, a renovation, a property acquisition. Secured against the asset, funded in days instead of months.
Restaurants, studios, agencies, boutiques, tour operators. Working capital to open the next season, expand the team, or buy the inventory — without selling equity.
These are real. Real people, real amounts, real deals we underwrote and funded. Five repaid, four active. Names changed for privacy — everything else on the wall.
A Mexico City chef relocating to Tulum needed working capital to open a 32-seat restaurant in La Veleta. No local bank relationship. Funded on the strength of her résumé, lease, and a signed build-out contract.
A US expat bought land in Aldea Zama with plans for a two-unit rental development. Bridge loan against the land title to fund the first construction phase while long-term financing was arranged.
Honduran hotelier with a decade on Roatán expanded to Tulum Centro with an 8-room boutique. Working capital loan to stabilize cash flow through the first low season before repeat guests returned.
A Bahamian wellness entrepreneur leased land near Holistika to build a yoga and cacao-ceremony studio. Funded equipment, build-out, and first-season marketing — collateralized against pre-sold retreat bookings.
A Buenos Aires promoter built a six-night residency at a Tulum beach club featuring three rotating international DJs. We floated production, talent, and bar against ticket pre-sales and on-site gross. Settlement cleared three days after closing night.
A Berlin producer ran a three-night jungle festival with 12 international acts and 4,200 attendees across two stages. We provided full event float against ticket pre-sales and bar concessions. Settlement landed within 96 hours of the final set.
A Milan fashion house ran a three-night private pop-up retail and gala in a Tulum jungle villa — runway moment, intimate dinner, on-site shopping. We funded production, security, and talent against the brand's signed activation contract. Settled at wrap.
An Ayurvedic practitioner with fifteen years between Goa and Rishikesh leased a parcel at the edge of Sian Ka'an to build a 40-mat shala with wellness suites, a treatment garden, and on-site teacher housing. We funded build-out and first-season programming. Structured as a perpetual royalty on gross retreat revenue — she keeps the equity, we ride the top line.
A Charlotte-based motorsport production company brought the NASCAR Mexico Series to Tulum for its first-ever street-race weekend. We floated part of production, security, broadcast, and on-site logistics against ticket pre-sales and sponsor receivables. Settlement cleared ten days after the checkered flag.
Most lenders open with interest rates. We open with ownership. The product that fits your deal depends on what you're building, how long it'll live, and whether you want us inside the tent or outside. Pick one, or combine two — we'll talk you out of the wrong one.
We buy into the SPV or operating LLC. Cap table seat, voting rights proportional to stake, share of the distributions, share of the exit. For hotels, developments, restaurants with real unit economics, venues meant to operate for a decade. Our money doesn't come back on a schedule — it comes back when you win.
We fund the project. You keep 100% of the equity. Once the doors open, we take an agreed percentage of gross revenue — paid quarterly, on top of everything, for as long as the business exists. Transferable on your exit. Buyable at a fixed multiple if you ever want us off the top line. No payment schedule, no maturity date, no banking-style drama.
Tulum runs one of the densest event economies on the continent — multi-night festivals in the jungle, beach-club residencies, private villa takeovers, after-hours closed nights. Deposits due now. Revenue lands the morning after. We put up the float, you run the night, and we take a royalty on what actually comes through the door — not a flat interest rate that hits whether you sell a ticket or not.
Sometimes you don't want us on the cap table. Sometimes the deal doesn't throw off royalty-able revenue. Sometimes you just need a check, a rate, and an end date. Fine. Secured loans, unsecured loans — both still on the menu. They're the fallback, not the pitch.
From November through April, the peninsula hosts one of the densest concentrations of electronic festivals, boutique-hospitality nights, and private activations anywhere in the Western Hemisphere. Jungle parties that fly in Berlin lineups. Beach-club events that sell out in hours. Villa parties whose guest list is a secret until the driver calls. Brand pop-ups that spend six figures to own a single weekend. And, this April, NASCAR's first-ever Tulum street race — settled through our books in ten days.
Almost none of it is properly capitalized. Most of the scene runs on pre-sale deposits, promoter personal credit, and whatever favor-money can be pulled together in the two weeks before load-in. A bad weather forecast, a last-minute artist cancellation, a delayed bar-stock delivery — and a night that should have cleared $400K MXN becomes a bankruptcy. We think that math is broken.
Our thesis: Tulum's event scene is a billion-peso annual economy running on kitchen-table financing. The promoters, venue operators, and producers building it are some of the most creative operators in hospitality — and they're getting crushed by pre-event cashflow math that a real capital partner would have solved in an afternoon. More capital into this scene, priced as partnership instead of punishment, is a game-changer — for the operators, for the night, and for the town that hosts it.
We're believers. We hold it. We lend against it. While the Mexican banking system still treats a Bitcoin wallet like a liability line in a compliance memo, we treat it like what it is: a global, liquid, verifiable store of value we can price in real time and liquidate in an hour.
Post the keys in multi-sig with our custody partner, we post the MXN. You keep full transparency on the vault address, you keep 100% of upside above your LTV ceiling, and you get your coins back the day you repay. We don't rehypothecate. We don't stake it. It doesn't leave custody.
This isn't a pilot. It's a core product. Roughly 22% of our book is now crypto-backed, and we're the only SOFOM E.N.R. in Quintana Roo that publishes its crypto LTV grid in the open.
We underwrite roughly one in five inquiries. The other four get a same-day pass and a straight explanation. If you're about to send us a deck, check this list first.
Aldea Zama and La Veleta rental yields have compressed hard since 2023. If the underwriting depends on a booking projection, we pass. Eighteen months of real Airbnb history? Different conversation.
We've watched too many deals die at notarization. If the chain of title runs through an unfinished ejido conversion, we don't fund against it. No exceptions, no "trust us, it's coming."
Tulum has buried more concept restaurants than most cities ever open. If you've never run a line at 11pm on a Saturday in peak season, a loan is not what you need. A line cook job for six months is.
We're a regulated SOFOM E.N.R., so most of what we do runs through banking rails. There's room for creative structures on the edges — settlement timing, collateral shape, currency mix — but if the whole deal needs to live off the books, we should talk about it on the first call before either of us spends the time.
If you're rolling a Kueski into a Kredi into a friend-of-a-friend in Guadalajara, we're not the sixth payment on the pile. We fund as your only lender or clearly senior to the rest. We won't be the capital that pays off somebody else's bad underwriting.
We're not in the business of telling adults what they can borrow. But the loans that break worst, in our experience, are the ones the borrower's partner found out about second. We'd rather raise it on the first call — not as a deal-breaker, but as a question worth answering before we both spend the time.
Banks turn a loan into a six-month archaeology project. We don't. Here is, to the day, what happens between your first call and money in your account.
A 20-minute call. Tell us the project, the amount, the timeline. We tell you immediately if it's something we can fund.
You send documentation — ID, address, project details, collateral if applicable. We review in 48–72 hours. Clear questions, no runaround.
Formal loan agreement drafted by a Mexican attorney. Terms, CAT, payment schedule — everything on paper. You review, you sign.
Funds wired to your account. From here, it's about your project succeeding. We stay in touch — not as lenders, as local partners.
CAT (Costo Anual Total) is the one number Banxico mandates because it's the one number that tells the truth. Origination, interest, fees, insurance, the math — rolled up and honest. Here's our table. Read it, screenshot it, compare us to anyone.
| Product | Example Amount | Rate | CAT* |
|---|---|---|---|
| Secured · 24 mo | $1,000,000 MXN | 18% | 22.4% |
| Secured · 12 mo | $500,000 MXN | 20% | 24.8% |
| Unsecured · 12 mo | $200,000 MXN | 32% | 42.6% |
| Unsecured · 6 mo | $100,000 MXN | 36% | 47.9% |
The CAT is the single most important number in any loan contract in Mexico. It includes interest, fees, commissions, insurance, and any other cost — expressed as an annual percentage. Any lender who can't show you a CAT figure is either hiding something or operating outside the law.
We state our CAT in every contract, print it in bold, and explain exactly how it was calculated. If a number ever looks wrong to you, ask — and we'll walk through it on a call.
Real borrowers. Initials at their request. Full references available to any serious inquiry — we'll put you on the phone with the people who've been through it.
From the Aldea Zama villas to the family shops in Región 15, from hotelera beachfront to cacao studios in Holistika. Pick a pin — that's a file we've opened, a loan we've funded, a borrower on a first-name basis.
I have the degree. I have the scars. The classroom taught me credit. The street taught me business. Both taught me the same thing: a coupon ends, a piece doesn't. So we stopped chasing coupons. Equity. Royalties. Cuts of the night. The loan book's still here, secured and unsecured, but we don't lead with it. 63% of what we deploy is ownership now, not interest.
No credit pull yet. No obligation. If it isn't a fit, you get a straight answer in writing — same day, most days. If it is, we're on a call by the end of the week.
The information you share here is private. We read every inquiry personally — there's no bot, no screener, no algorithm between you and us.
No. We work with permanent residents, temporary residents, and foreign nationals with legitimate projects in Mexico. Your legal status in the country does affect loan structure and documentation, so we discuss this on the initial call.
For larger loans, yes — we pull a Buró de Crédito report with your authorization. For smaller unsecured loans, we rely on documentation of income, business track record, and references. A bad credit score is not an automatic disqualification; context matters.
Real estate (with clean title), vehicles (with factura), equipment, in some cases inventory or receivables — and crypto. We accept BTC, ETH, SOL, USDC, USDT, and peso-pegged stablecoins held in multi-sig custody, with published LTV ceilings. Full details on the crypto page. We'll tell you within a day of seeing documentation whether your collateral works.
Yes. Our contracts allow prepayment without penalty on any loan. You pay interest only through the date of repayment.
Tell us before the payment is due — not after. We sit down, we talk, we restructure if it makes sense. Extended tenor, partial payment, short forbearance: real options exist, and they exist before the collection phase. What we don't do: silent accruals, surprise fees, or theatrics. What we also don't do: forgive a loan that could've been paid with a different plan. The contract governs. The conversation happens first.
Capital Tulum operates as a private lender registered with SAT and CONDUSEF under Mexican law (SOFOM E.N.R.). We are not a bank and do not accept deposits. Our registration number and compliance information are available on request and appear on every loan contract.
Because the bank isn't lending to you. That's not a shot — it's the math. We underwrite borrowers the banking system won't touch, in a market (Tulum) with short seasons and thin collateral comps. We price that honestly, publish the CAT, and cap fees on every contract. If a bank will actually fund your deal at a better rate, take it. We'll tell you that, out loud, on the first call.
The founders, who live in Tulum, plus a small group of private Mexican investors the company has worked with since 2019. No offshore shell, no US hedge fund, no anonymous LP structure. Full ownership disclosure is included in the term sheet and in every CONDUSEF filing.
We fund the float — production, deposits, artist fees, venue lockdown, marketing — and instead of charging a fixed interest rate, we take an agreed percentage of gross event revenue until the capital plus the royalty return is paid back. Typically 3–8% of gross receipts, structured per deal. If the night underperforms, we absorb part of the downside with you. If it overperforms, we share the upside. We do not take equity in your company, and we do not lock you into a future events calendar. One event, one deal. The numbers are written into the contract on day one — no retroactive adjustments, no hidden multipliers.
Yes — and not because we say so, because the structure makes it so. Your collateral sits in a 2-of-3 multi-sig wallet: one key held by you, one by our regulated custody partner, one by Capital Tulum. Nobody can move funds unilaterally. We do not rehypothecate, lend out, stake, or wrap your collateral. It doesn't leave custody. You keep the vault address and can verify the balance on-chain every day of the loan. The moment you repay, the wallet unwinds and your coins go back to you. If the market drops and breaches your margin threshold, we call you first — liquidation is the last option, not the first.
We subscribe for membership interests in your project SPV — usually between 15% and 35%, sized against our capital contribution and an agreed valuation. You stay the operator and keep majority control. We sit on the cap table with standard minority protections: major-decision veto (sale, refi, new debt above a threshold, material change of scope), pro-rata participation rights on future rounds, and an observer or voting seat depending on check size. We do not demand preferred dividends, liquidation preferences above 1x, or anti-dilution ratchets that blow up your next round. Distributions are pro-rata. Exit triggers on sale, refi, or mutual buyback — at independently-valued fair market value, not a punitive multiple.
We fund your project, you keep 100% of the equity. Once you open, you send us an agreed percentage of gross top-line revenue — typically 2–5% — paid quarterly, calculated off your operating statements. It continues for as long as the business operates. You can buy us out any time at 5× the trailing-twelve-month royalty payments — a fixed multiple, written into the original agreement, no renegotiation. If you sell the business, the royalty transfers to the buyer unless they elect to buy us out on the same terms at closing. We do not have audit rights that cost you money; we have simple reporting covenants and the right to a one-day book review per year at our expense. We're on the top line, not in your P&L.
You can just get a loan. We still write interest-bearing debt, secured and unsecured, and about 37% of our book still sits there. But on the first call we'll ask you why you're not considering partnership — because for nine deals out of ten, the partnership structure costs you less over the life of the project than the interest schedule would. We're not going to push you. We are going to show you the math.
For repeat producers we've financed before: a term sheet inside 48 hours and capital on site in five to ten days. For first-time applicants: we need the venue contract or LOI, the artist hold sheet, your production budget, your historical event P&Ls if you have them, and a ticketing-platform projection or comparable past night. We underwrite the artist deposits, the production build, the permit and environmental-mitigation deposits, the bar stock and staffing float, and the paid-media push — all wrapped into a single rev-share structure priced off gross receipts. We've written paper on three-night electronic festivals, seven-night wellness gatherings, single-night full-moon parties on four hours' notice, and a jungle-venue build that had to ship a genset in from Cancún on the morning of load-in. We've seen most of what can go wrong on a Tulum night, and we price accordingly.
Yes — those are some of our favorite deals. A $200K/night villa buyout with a confirmed client deposit, a DJ booking, private chef team, transport and security — that is a one-page bridge note in our shop. If the client has signed and wired a deposit, we'll usually front the balance against assignment of the final payment. If the deal has upside (a promoter layer, a branded component, a ticketed after-hours), we'll price it as a short rev-share instead. We are comfortable with the discretion these events require; we never disclose client names, and our portfolio of funded private activations is not listed anywhere public. The first conversation is a call — not a questionnaire.
Whether it's a hotel to co-own, a restaurant that wants a royalty partner, an event that needs a float, or a straight loan — the first conversation costs you nothing but a call. We'll tell you by the end of it whether we're the right partner for the shape of your deal.
Start the conversation →Funds settle within one business day. Autopay remains enabled unless you cancel it below.
Receipt emailed to sofia.ramirez@cantinatulum.mx · Next payment is June 01, 2026.