The strategic focus of TEAK offerings are to acquire and execute guarantees for clients from set focused nationalities and geographies. This focus helps the financial institution to specialize in certain areas, thereby reducing the risk associated with providing guarantees. Moreover, this focus can help the institution to better understand the legal and regulatory frameworks of these areas, thereby increasing the chances of successful execution of guarantees.

TEAK’s product lines work around severe challenges and stringent requirements such as timelines, guarantee wordings, formidable geographies, structures, etc. These challenges can make it difficult to provide guarantees, and financial institutions need to have the necessary expertise and resources to navigate these challenges successfully.

TEAK has a global network and geographical spread across Brazil, Europe, India, Asia Pacific, Middle East, Australia, USA and New Zealand. This network has enabled the institution to partner with A-rated insurance players and financial institutions to deliver strong end-products to clients. Moreover, the geographical spread can help the institution to provide customized solutions to clients based on their location-specific needs and challenges.

The flexibility in size makes TEAK’s product line a first-choice for clients of any stature with limited exposure. The product line has been successful at placing bonds and guarantees for large corporates, and combined with client credentials and financial strength, it can fetch limits in the range of USD 100M to USD 100B+. This flexibility can help businesses of all sizes to access the financial support they need to grow and thrive.

TEAK’s product line has several advantages over traditional bank guarantees. First, it requires zero collateral, which can make it accessible to SMEs and startups that lack collateral. Second, the strategic focus of the product line can help the institution to specialize in certain areas, thereby reducing the risk associated with providing guarantees. Third, the global network and geographical spread can help the institution to provide customized solutions to clients based on their location-specific needs and challenges. Fourth, the flexibility in ticket size can help businesses of all sizes to access the financial support they need to grow and thrive.