This program will provide funding to achieve the customer’s plan , withdrawal by remittances , checks issued in favor of suppliers

Program Terms& Conditions:-

  • Finance up to 2,000,000 EGP.
  • Finance will be covered with checks drawn on its good customer by 130% of the value of the existing debt balance.

Tenors:- 

  • Max 3years,reduce annually by 20%to be  fully repaid at the end of the repayment period.

Guarantee:- 

  • Issuance credit guarantee letter from credit Guarantee Company.
  • Additional document:-  
  • Undertaking  to pay the issuance fees of credit guarantee letter 
  • Undertaking  to furnish a statement on monthly basis to review the operating position and make sure that finance accomplish its objectives.
  • Undertaking  with minimum turnover to the funding .