Small Enterprises lending program

This program is targeting small enterprises across various industries and activities with annual sales turnover ranging from EGP 1MN to EGP 50MN), through offering diverse set of direct & indirect facilities as follows:

• Direct Facilities
  • OVD /short-term loans: financing working capital needs.
  • Medium term loans: financing capital expenditure.
• Indirect Facilities
  • Letter of guarantees “all types”.
  • Letter of credit import/export “all types”.

• New clients: up to EGP 7 millions.
• Top-up: up to EGP 10 millions.

• Short term facilities (OVDs, STLs): up to 12 months.
• Medium term facilities up to 5 years.

What’s special in Small Enterprises lending program?

Short turnaround time, as the facility disbursement takes up to 10 working days subject to meeting program criteria and completing the documentation.

• The company annual sales turnover from EGP 1MN to EGP 50MN.
• The company’s years in business are not less than 3 years.

• Recent commercial registration (not exceeding 3 months).
• Valid tax card copy.
• A copy of valid owner’s National IDs, Passports + Residence for foreigners.
• A copy company's contract and its summary.
• Last 3 audited financial statements + 6 months’ interim.
• Recent tax. and insurance payment receipts.
• Other documents according to business activity.

• 5% CBE initiative for eligible clients.
• For non-eligible 5% CBE initiative clients – CBE corridor rate will be applied + margin 3%.

For further information, please contact our call center 16990 or visit our nearest branch
Terms & Conditions apply