The Situado was Puerto Rico's main source of silver coins, by dominating it Enríquez guaranteed complete control over the local market. However, this move was complicated and the only way that he could accomplish it was by involving the governors and other royal representatives, forming a mutually beneficial endeavor. He sold his privateering goods priced with billon real coins, which were then used to pay the military. By the time that the silver coins of the Situado arrived to pay the military, they had already been paid and the silver was paid back to Enríquez. By doing this he not only gained local dominance, but was acquiring a type of coin that would be accepted in all foreign markets. However, this was not without problems, since the Situado was often late or incomplete, Enríquez would often face problems with liquidity. In at least one occasion, this resulted in the confiscation of an account worth 4,000 pieces of eight. Due to this, he experienced anxiety and would often issue letters requesting his associates to be patient and even requested credit until the silver arrived. Tired of operating at a loss, Enríquez created a plan by himself. When the governor of Curaçao proposed an exchange of European goods, he employed Felipe Henríquez as his representative and the three of them evaluated the creation of a unique structure to acquire the desired silver. The governor and Felipe would provide the capital, while he would employ his ships, the profits and losses would be shared equitably. Enríquez would send one of his ships under the excuse of privateering, but in reality the vessel was going to dock at Curaçao and would load with European merchandise. From there, the ship would travel to Veracruz, where the items would be sold as privateering goods in exchange for silver. To hide this from view, the vessel would return to San Juan loaded with some merchandise. The following voyage would be similar, albeit with a scale at La Guaira, where they would load with cocoa before traveling to Curaçao. After traveling to Veracruz, they would only sell the European items, with the cocoa being introduced to Puerto Rico as privateering goods. Enríquez expected to organize at least two yearly voyages under this format and even proposed the construction of a larger vessel, which would be boarded in the Curaçao scale.