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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
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