Medium enterprises credit projects
The bank supports the small & medium companies within 30 million pounds for all individual facilities, partnerships and stock corporations in all industrial, commercial and services to be provided as follows:
· Medium and long term loans that may reach 7 years with high competitive interest rates.
· Multiuse credit facilities to finance all project activities in the form of (current debit – letters of guarantee - letters of credit and documentary collections of imports and exports…etc).
The required documents
· Approved financial statements for the last three years.
· Professional license.
· Article of association and previous achievements of the company.
· Recent issue of the commercial register.
· Tax and insurance status.
· Expected cash flow from medium and long term loans.