Medium Term loan offered to Very Small Enterprises (annual sales turnover from EGP 1M to 20M) to finance company’s working capital needs.

Loan amount

• New Clients: Up to EGP 2 million Maximum 
• Top-up: Up to EGP 3 million

Loan Tenor

• New Clients: Up to 48 months.
• Top-up and renewal: Up to 60 months.

Repayment

• Monthly equal installments.

What’s special in Engaz Loan

• Financial statements are not a must to apply for Engaz loan.
• You can apply for Engaz loan in less than 10 minutes.
• Your loan will be disbursed after 7 days subject to completed documents.
• 24/7 online loan application accessibility.
• Loan status online follow up.

Eligibility Criteria

• Minimum 3 years in business.
• Existing Banque du Caire Microfinance & SME clients are not eligible for this loan.

Required documents

• Company contract.
• Company owners valid IDs.
• Recent commercial register.
• Valid tax card.
• Activity licenses
• Other documents according to business activity.

Pricing

• 5% CBE initiative for eligible clients.
• For Non-Eligible 5% CBE Initiative Clients – CBE Corridor rate will be applied plus 5.75% or 6.75% (based on Client Scoring).

To apply for Engaz loan Click here