Engaz Loan
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
- From 300K EGP and up to 500K EGP for new clients.
- Up to 1 million EGP for top up on annual renewal.
Loan Tenor
- 36 months for new clients.
- 60 months for top up.
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 1 year in business.
- Existing Banque du Caire Microfinance & SME clients are not eligible for this loan.
Required documents
- Company owners valid IDs.
- Recent commercial register.
- Valid tax card.
- Activity licenses
- Other needed documents for the loan assessment (if needed).
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).
Get Engaz loan
To apply for Engaz loan