Understanding the important role the SMEs play in Egypt’s economic growth, CAE is offering the Business Express. It is the optimum financial solution that will support the SMEs to finance their business through experienced qualified and specialized team.
Features & Benefits:
- The lowest interest rate according to the CBE initiative for SMEs customers (5% & 7%)
- Dedicated business centers to serve you across Egypt
- Suitable repayment periods that fit your business requirements
- Finance to different sectors “Industrial, Commercial, and Service and Trades”
- For Small Enterprises, finance the working capital in terms of:
- Short-term facility up to one year to finance current activities
- Issuing Letter of Guarantee (bid, performance and advance payment)
- Overdraft facility
- Issuing Letter of Credit to support exportation and importation
Eligibility Criteria and Interest rate:
|
Small Enterprises |
Medium Enterprises
|
|
Annual Sales turnover
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1 million EGP up to 50 million EGP
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50 million EGP up to 200 million EGP
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|
Interest rate
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5%
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7%
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|
Finance
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Working capital
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Machinery
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Required Document:
- Valid Commercial Register
- Valid Taxation Card
- Company formation contract
- Last 3 years audited financial statements
- 6 months active bank statement
Your company can also benefit from the Business Support Center that offers a selection of professional and specialized consultants to boost your business growth with a preferential discount:
- Baker Tilly International company – 15% discount for financial consultancy
- Memark – 10% discount on marketing consultancy
- Antal International company – 25% discount for HR consultancy
Terms & conditions apply
