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Corporate Financing » Corporate-Bridge Finance
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Taageer’s Bridge Finance scheme supports the timely completion of projects/expansions of Business Enterprises.


Eligibility
  • Small Business Enterprises
  • Medium Corporates
  • Local Community Contractors
Amount Up to a maximum of 75% of the approved government term loans / facilities, subject to a minimum of RO 25,000/-.

Documents
  • CR Copy, Computer Printout
  • Authorized Signatories
  • Chamber of Commerce Registration
  • Bank Statement – 6 months
  • Financial Statement/Contract Copies
  • ID copies of Partners
  • Payment assignment
  • Assignment of Credit Facility in favour of Taageer.
Criteria

75% of asset can be financed
Cash flows/project details to support repayment

Interest Depends on financials of the Enterprise and cash flows of the project.

Advantage Customers with a good payment track record will be eligible for reduced rates of interest as per the Company Policy.
 
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