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Tanner (Factorline IV)

Sector: Financial Institutions • Location: Chile

Source: Inter-American Development Bank (IADB)

Project
Repaid

Tanner was founded in 1993 under the name Bifactoring by the main shareholders of what was at the time called Banco BHIF (the Said y Massu Group). In 2013, the Capital Group acquired a 27 percent stake in Tanner. Tanner is one of the oldest factoring companies in Chile. Tanner currently offers small and medium-sized enterprises (SMEs) a comprehensive portfolio of financial services through subsidi

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Project Information

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The project “Tanner (Factorline IV)” 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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repaid

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Description

Description

Tanner was founded in 1993 under the name Bifactoring by the main shareholders of what was at the time called Banco BHIF (the Said y Massu Group). In 2013, the Capital Group acquired a 27 percent stake in Tanner. Tanner is one of the oldest factoring companies in Chile. Tanner currently offers small and medium-sized enterprises (SMEs) a comprehensive portfolio of financial services through subsidiaries Tanner Leasing S.A. (99.99%), Tanner Corredores de Seguros Ltda. (70%), and Tanner Corredores de Bolsa de Productos S.A. (100%). Tanner's main lines of business are domestic and international factoring, vehicle loans, leasing, and business loans.The funds from the IIC will be used to support the growth of Chile’s portfolio of factoring and leasing to SMEs.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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