SME & Corporate Products
Taageer offers structured facilities to all its corporate customers to suit their business needs.
Taageer provides big-ticket leasing facility to small, medium and large companies for acquisition of capital as well as income generating assets viz. Trucks, Tippers, Excavators, Bull Dozers, Cranes, Graders and all kinds of equipment by way of easy installment schemes.
The repayment structures are tailor-made to suit the clients’ requirement and are available based on the cash flow of the customer in a fixed or in a structured manner.
Lease facility is available for new asset purchase as well as for used equipment. Taageer also provides financial support for factory or warehouse construction as well as for the purchase of Plants & Machinery.
Bill Discounting / Receivable Financing
This facility enables our customer to get financial support to the extent of 80% of the invoice raised and certified by their client. This will take care of the working capital management quite easily.
Taageer offers attractive rates to Corporate for placing deposit with a tenure of equal to or over 6 months with a minimum amount of R0 10,000/. Rate of interest is not published as this varies from time to time.
Sale & Lease Back
Clients can utilize refinance facilities from Taageer by unlocking their capital after asset purchase. This is suitable for clients who want to unlock their fund to be used for working capital by mortgaging income earning equipment already owned by them. Apart from the above facility Taageer also facilitates their Corporate clients with their Tender Bonds, Performance Bonds, Advance Payment Guaranty, Letter of Credit etc and other Non Funded facilities to enable customers to get ‘the end to end financial facilities’.
In addition to the above Products, Taageer offers the following
- Performance Bonds
- Payment Guarantees
- Tender Bonds