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Sales financing loans

Specific ceiling through which commercial cheques can be liquidated before its maturity date at a rate determined by the degree of the collection of customers’ checks.

Sales financing loans features

  • Gives you direct facility to finance your receivables.(Sales cheques can be liquidated before its maturity date)
  • Enables you to expand your business by following a accredit sale policy.
  • Enables you to raise your competitive market share.

Required documents

  1. Internal regulations
  2. The company’s establishment contract with its right of borrowing, leverage.
  3. Copy of the company’s registration certificate that shows the shareholders’ names and the authorized signatories of the company.
  4. Copy of the company’s and authorized signatories’ IDs.
  5. Audited financial statements of the last two years.
  6. Account statement of the last 6 months from the Banks that was associated with “if available”
  7. Valid insurance policies on the goods or life insurance policies, if any.
  8. Clearance with the Income Tax Department.

Procurement financing loans

Loans given to finance the purchase of invoices by a percentage rate that relies on the results of the fiduciary and compatibility studies that are consistent with the buying and selling policy and your operating cycle.

Procurement financing loans features

  • Direct facility that enables you to pay for your purchases through the Bank using installments depending on your operating cycle.
  • Determine the repayment and grace period according to your procurement policy.

Required documents

  1. Internal regulations
  2. The company’s establishment contract with its right of borrowing, leverage.
  3. Copy of the company’s registration certificate that shows the shareholders’ names and the authorized signatories of the company.
  4. Copy of the company’s and authorized signatories’ IDs.
  5. Audited financial statements of the last two years.
  6. Account statement of the last 6 months from the Banks that was associated with “if available”
  7. Valid insurance policies on the goods or life insurance policies, if any.
  8. Clearance with the Income Tax Department.

Stock financing loan

A loan that enables you to finance your inventory needs separately, upon the needs that are based on your operating cycle.

Stock financing loan features

  • Enables you to finance your warehouse on credit.
  • Enables you to keep pace with the market’s demands for the purpose of expansion and competition.

Required documents

  1. Internal regulations
  2. The company’s establishment contract with its right of borrowing, leverage.
  3. Copy of the company’s registration certificate that shows the shareholders’ names and the authorized signatories of the company.
  4. Copy of the company’s and authorized signatories’ IDs.
  5. Audited financial statements of the last two years.
  6. Account statement of the last 6 months from the Banks that was associated with “if available”
  7. Valid insurance policies on the goods or life insurance policies, if any.
  8. Clearance with the Income Tax Department.
  9. Copy of the purchase agreement, inclusive of the prices and the total transaction value signed by the supplier.

Fixed assets financing loans (Equipment, machine, office machinery) A loan to finance the purchase of fixed assets such as machinery or office equipment, or office supplies. The repayment period is determined according to the operating cycle used by the client.

Fixed assets financing loans features

  • Provides you with a repayment period up to 60 months.
  • Enables you to expand your commercial activities.

Required documents

  1. Internal regulations
  2. The company’s establishment contract with its right of borrowing, leverage.
  3. Copy of the company’s registration certificate that shows the shareholders’ names and the authorized signatories of the company.
  4. Copy of the company’s and authorized signatories’ IDs.
  5. Audited financial statements of the last two years.
  6. Account statement of the last 6 months from the Banks that was associated with “if available”
  7. Valid insurance policies on the goods or life insurance policies, if any.
  8. Clearance with the Income Tax Department.
  9. Copy of the purchase agreement, inclusive of the prices and the total transaction value signed by the supplier.

Fixed assets financing loans (Real estate)

Grant loans to finance structural expansions or the purchase of land for construction purposes to support the commercial activities. The repayment period is determined based on the operating cycle used by the client.

Fixed assets financing loans features

  • Provides a repayment period up to 60 months.
  • Enables you to expand your commercial activities.

Required documents

  1. Internal regulations
  2. The company’s establishment contract with its right of borrowing, leverage.
  3. Copy of the company’s registration certificate that shows the shareholders’ names and the authorized signatories of the company.
  4. Copy of the company’s and authorized signatories’ IDs.
  5. Audited financial statements of the last two years.
  6. Account statement of the last 6 months from the Banks that was associated with “if available”
  7. Valid insurance policies on the goods or life insurance policies, if any.
  8. Clearance with the Income Tax Department.
  9. Certificate of real estate registration of the land intended to be purchased or to be built on.
  10. An engineering report of the building intended to be created.