NBE Finance for CBE Initiative to support
Small Enterprises (existing and new)
- Existing: (sales / yearly revenue from 1 million to 50 million EGP)
- NEW: (Capital from 50 thousand EGP to less than 5 million EGP for industrial inistitutions and less than 3 million EGP for non-industrial inistitutions)
- Eligible Enterprises: All Small Enterprises according to CBE initiative (Annual Sales / Revenue from EGP 1 to less than 50 Million) for sole proprietorship or companies either new or existence in all economic sectors
- Purpose: Financing all investment needs and operational costs
- Repayment and Grace period: up to 10 years including 1-year grace period
- Interest Rate: 5% Simple decreasing annual rate without commission
- Customer Self-Contribution: According to the feasibility study with a minimum contribution .10%
* Terms and Conditions apply