HDB

Small & Medium Enterprises Finance

  • Finance the working capital -short term- (Raw Martials - Goods-Exports/Import - Commercial papers - contracts and contractor services/LCs)
  • Finance Investments -Medium & Long Term- (Purchases of machinery & equipment /financing replacements work/Purchase Activity Headquarters inside Industrial complexes)
  • Issuing all types of LGs
  • Finance to Purchase Industrial units In Cooperation with Damietta City For Furniture
  • Finance within the framework of “ Your Enterprise” Protocol signed with the Ministry of local development
  • Finance National Bakeries To work with Natural GAS

Housing & Development Bank Provides Financial Services for all sectors with special rates:-

  • 5% according to CBE initiative for Small Enterprises except Commercial Companies
  • 8% according to CBE initiative for Medium Enterprises (Industrial Sector – Residential Building Contracting Sector –Agricultural Sector –Renewable Energy Sector )
  • 10.75% according to MSME initiative for Small Enterprises
  • 10.75% according to MSME initiative for Small Enterprises
  • Excellent Rate For All Sectors that doesn’t fit CBE initiative

Target Sector for example:-

  • Industry Sector –Commercial Sector –Construction-Pharmacies-Clinics and medical Centers- Microfinance Co.-Leasing Co. –Service Sector –Agricultural Sector ….

Housing & Development Bank Provides Non-Financial Services:

Nile Preneurs Initiative Services offer many services such as :

  • Business registration and licensing procedures
  • Starting your business and conducting feasibility studies
  • Facilitating access to Finance
  • Networking with vendors and targeted markets
  • Sharing knowledge and information on SMEs

For More Info (click here)

CBE definition on the enterprise segmentation:

Small Enterprise: Existing companies:

Annual Revenues from EGP 1 M to less than EGP 50 M.

Start-Up companies:

Industrial companies: Paid in Capital from EGP 50 K to less than EGP 5 M
Medium Enterprise: Existing companies:

Annual Revenues from EGP 50 M to EGP 200 M

Start-Up companies:

Industrial companies: Paid in Capital from EGP 5 M to less than EGP 15 M

Non-industrial companies: Paid in Capital from EGP 3 M to less than EGP 5 M

  • Finance Application
  • Company legal documents
  • Valid National ID for all partners
  • Audited Financial ST. for last 3 years and recent position
  • Feasibility studies for Start-up companies
  • Certificate of the tax and social insurance position form chartered accountant
  • Rent or ownership contract
  • Management & Partners CVs
  • Other Documents Related to Sectors.

Apply now on Small & Medium Enterprises Finance

Enter Company Name
Enter Mobile Number
Enter Address
Enter Date of Establishment
Enter Sales Volume

Find the best banking service