Small Medium Enterprises Financing
Al Baraka Bank provides a new vision and advanced procedures for financing small and medium-sized enterprises (SMEs) that are able to generate revenues, but lack financing that stands as an obstacle to their growth and development. It provides the necessary financing for new and existing projects to help you develop and expand your project in order to increase production and income, by developing a flexible system and a specialized team that assesses your needs and proposes solutions that suit your project.
Terms and Conditions Apply
Al Baraka Bank Egypt B.S.C. (C) All rights reserved
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How are Small and Medium Enterprises Financed in Al Baraka Bank?
Al Baraka Bank provides short, medium, and long-term financing for regular small and medium companies operating in the industrial, medical, and renewable energy fields, in addition to contracting activity and companies working in agricultural activity, production, and agricultural manufacturing, including export stations, packaging of agricultural commodities, refrigerators, and other commercial activities, in case that the volume of its business or annual revenues range from EGP 1 million to EGP 200 million, according to the initiative of the Central Bank of Egypt. The bank implements the Central Bank's initiative for small and medium enterprises at a return rate of 5% and 8%, and at competitive interest rates for the rest of the activities that are not included in the initiative of the Central Bank.
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Financing Small Enterprises
- Recently Established Enterprises Financing Terms:
- The paid-up capital must be more than EGP 50K up to EGP 5 million for industrial enterprises, and between EGP 50K and EGP 3 million for non-industrial enterprises.
- Existing Enterprises Financing Terms:
- The bank finances small companies for all types of enterprises, whether individual, personal companies, or finance companies, in all industrial, commercial, and service activities, provided that their sales are from EGP 1 million to less than EGP 50 million, according to the needs of each client.
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Financing Medium Enterprises
- Recently Established Enterprises Financing Terms:
- The paid-up capital must be more than EGP 5 million up to EGP 15 million for industrial.
- Existing Enterprises Financing Terms:
- The bank finances medium-sized companies for all types of enterprises, whether individual, personal companies, or finance companies, in all industrial, commercial and service activities, provided that their sales are from EGP 50 million to less than EGP 200 million, according to the needs of each client.
For more information fill out the form below and one of Al Baraka Bank’s representatives will contact you.