TMFL SME Financing
Sector: Automotive • Location: India
Source: International Finance Corporation (IFC)
The proposed investment comprises a (up to 5-year) senior, secured funding of up to US$100 million to Tata Motors Finance Limited (“TMFL” or the “Company”). IFC’s investment will be used to support purchase of Commercial Vehicles (CVs) by Small and Medium Enterprises (SMEs) in Low Income States (LIS) of India. The Company will match IFC’s investment of US$100 million with US$300 million from its
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment comprises a (up to 5-year) senior, secured funding of up to US$100 million to Tata Motors Finance Limited (“TMFL” or the “Company”). IFC’s investment will be used to support purchase of Commercial Vehicles (CVs) by Small and Medium Enterprises (SMEs) in Low Income States (LIS) of India. The Company will match IFC’s investment of US$100 million with US$300 million from its other sources of funding to create a US$400 million pool for financing CV purchases by SMEs in LIS.TMFL is engaged in the business of financing entire range of Tata Motors manufactured commercial vehicles, and passenger cars. TMFL has a presence over 270 branches spread across India to cater the needs of its customers. TMFL is the largest financier of Tata Motors vehicles and also offers customized product offerings to Tata Motor’s end customers. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |