U.S. FIRMS ADVISED TO FINANCE AT HOME

WASHINGTON (FNS) -- Companies in the United States planning to open a store or plant in Mexico probably shouldn't seek financing south of the American border, according to experts.Instead, companies would do far better to arrange financing for their Mexican subsidiaries in the United States, according to a number of executives, including those from an international accounting firm, a consulting firm

WASHINGTON (FNS) -- Companies in the United States planning to open a store or plant in Mexico probably shouldn't seek financing south of the American border, according to experts.

Instead, companies would do far better to arrange financing for their Mexican subsidiaries in the United States, according to a number of executives, including those from an international accounting firm, a consulting firm and several banks.

Interest rates are much lower on dollar loans than on peso

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