TASME at a glance
TASME’s investment model, adapted from that of Business Partners International in South Africa, tailors investments to the specific situation and needs of each entrepreneur by combining relatively small equity, shareholders’ account and performance fees.
This approach of mezzanine & revenue capital finance is attractive for SME entrepreneurs who run and manage family-owned businesses and are reluctant to bring in outside equity investment that would dilute their shareholding or force a liquidity event. It is also attractive to SME entrepreneurs with growing businesses who are unable to meet bank collateral and guarantee requirements for lines of credit and working capital needs.
TASME Seeks Investments that Meet the Following Selection Criteria:
- Value-adding sectors such as education, agribusiness, healthcare, manufacture of water treatment units, and IT. These sectors are expected to have a strong development impact at the level of the company, its employees, and at a wider level of local and regional communities
- Entrepreneurs that share TAEF’s values of strong governance, transparency, and strong management
- High growth potential entrepreneurs that are bringing innovation to their industries and who seek to positively impact their markets
- Entrepreneurs with needs not addressed by the available financing tools in the current financial market
- Investments throughout the country
TASME investees
Condition of Funding
| EQUITY | SHARHOLDER LOAN | INVESTMENT AMOUNT | INTEREST RATE & PERFORMANCE FEES |
TERM |
| A minority Equity (not exceeding 20% to 40% of total exposure). |
60% to 80% of total exposure. | $ 500 000 to $ 3 000,000 (in $ or in TND) |
|
Term of 4 to 6 years with 1 to 2 year grace on principal payments. |
| Board seat or equivalent for LLC. | Quarterly payments. | Flexible mechanism adjusted to the cash flow and the growth of the company. |