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Corporate Finance » Corporate-Equipment Financing
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Taageer’s equipment loan helps you expand and support your existing business operations. The loan covers equipment such as excavators, wheel loaders, cranes, fork-lifts, crushers, mixers, commercial boats, bull dozers.
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| Eligibility |
- Business Enterprises
- Medium Corporates
- Local Community Contractors
- Corporate Clients
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| Amount |
Loan amount is determined on a case to case basis depending on the financials, work orders on hand, financial strength of the Promoters and guarantees.
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| Documents |
- CR Copy, Computer Printout
- Authorized Signatories
- Chamber of Commerce Registration
- Bank Statement – 6 months
- Financial Statement/Contract Copies
- ID copies of Partners
- Existing asset details
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| Criteria |
- Up to 90% of the asset can be financed.
- Cash flows to support monthly loan repayment
- Guarantees to be provided depending on the Credit rating.
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| Interest |
Depends on the Credit appraisal, down payment, loan tenor
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| Advantage |
For customers who pay their instalments on time, we offer interest benefits when they approach for new loans.
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