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Tanner factoring and leasing SMES II

Sector: Financial Institutions • Location: Chile

Source: Inter-American Development Bank (IADB)

Project
Proposed

The Project aims to finance Small and Medium-sized Enterprises (“SMEs”) through factoring and financial leasing operations in Chile. The proposed operation consists of a credit facility for approximately US$100 million. The loan will have a tenor for up to five years, and consisting of: (i) an A Loan of up to US$40 million to be financed by IDB Invest; ii) a co-loan of up to US$20 million; and (i

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Project Information

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The project “Tanner factoring and leasing SMES II” is an infrastructure initiative in the Financial Institutions sector, located in Chile. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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proposed

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Description

Description

The Project aims to finance Small and Medium-sized Enterprises (“SMEs”) through factoring and financial leasing operations in Chile. The proposed operation consists of a credit facility for approximately US$100 million. The loan will have a tenor for up to five years, and consisting of: (i) an A Loan of up to US$40 million to be financed by IDB Invest; ii) a co-loan of up to US$20 million; and (iii) a B Loan of up to US$40 million to be financed by participating investors. The project will also enable Tanner to expand the financial services it offers to its clients, diversify its sources of financing, and, at the same time, improve the structure of its assets and liabilities.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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