Colombian fintech Sempli has announced a major expansion of its services, introducing a new vehicle financing line for small and medium-sized enterprises (SMEs). This strategic move follows a year of record financial performance, positioning the company to address a critical need for operational assets. The initiative aims to empower businesses by facilitating the acquisition of transport fleets through an agile, digital-first approach, reinforcing Sempli's commitment to SME growth.
A Strategic Expansion After Record Growth
The company's recent success provides a strong foundation for this new venture, having disbursed over $103.6 billion in 2025. Sempli achieved a remarkable 16.3% growth in its portfolio, significantly outpacing the 3.2% recorded by the traditional financial industry for SME credit. This performance, coupled with substantial increases in assets and profits, underscores the market's confidence in its innovative financial solutions and sets the stage for further expansion.
Details of the New Vehicle Financing Line
The new credit line is designed to cover a wide range of commercial transportation needs, from executive vehicles to heavy-duty trucks and machinery. Sempli will offer financing amounts ranging from $60 million to $600 million, a substantial increase from its previous lending caps. This product is available for both new and used vehicles with an antiquity of up to five years, providing broad flexibility for businesses.
To enhance accessibility, the financing terms are highly competitive and tailored for SMEs, covering up to 110% of the vehicle's commercial value. Businesses can benefit from repayment periods extending up to 60 months without the requirement of a co-signer. In this model, the acquired vehicle itself serves as the primary collateral, simplifying the loan security process for entrepreneurs and business owners.
Streamlining Access Through Digital Innovation
True to its fintech roots, Sempli ensures the entire application and approval process is 100% digital, promising agility and convenience. The platform is open to formally constituted companies, which can submit their financial information and documentation online for a swift evaluation. The company leverages advanced technology to analyze creditworthiness, enabling rapid assessment and disbursement of funds to approved applicants.
Market Impact and Future Outlook
This initiative directly addresses a frequent challenge for businesses whose growth and daily operations depend heavily on reliable transportation and logistics. By providing accessible capital for these crucial assets, Sempli is helping to strengthen the operational capacity of Colombian SMEs. This move not only diversifies Sempli's product portfolio but also solidifies its role as a key enabler of economic development within the country's fintech ecosystem.
Looking ahead, Sempli projects that this new financing line will be a significant driver of its continued growth. The company anticipates its total volume of disbursements will increase by more than 75% in 2026, fueled by the new vehicle loans and other established products. This ambitious forecast signals strong confidence in its business model and its ability to meet the evolving financial needs of the SME sector.
Sempli's launch of a dedicated vehicle financing line marks a pivotal moment for the company and the Colombian SMEs it serves. This expansion is not merely a new product but a testament to the power of technology-driven finance in fostering tangible business growth. By offering a flexible, accessible, and fully digital solution, Sempli continues to break down traditional barriers and empower enterprises to invest in their future success.