Working Capital Finance:

Working Capital Lending: short term finance up to 360 days, usually on revolving basis.

Documentary Collection Loan (DCL): to finance importation of raw material and spare parts, tenor of the loan set to match within the client asset conversion cycle, maximum up to 12 months.

Short Term Loan: scheduled to finance working capital needs, purchasing of raw material, taxes and utilities. Tenor of the loan set to match within the client asset conversion cycle maximum up to 12 months.

Overdraft (OD): to finance working capital needs, purchasing of raw material, taxes and utilities. Although payments under the overdraft are without specific maturity it is always subject to specific credit conditions. Tenor is up to 12 months revolving.

Overdraft against Bills for Collection (ODBC): receivable finance against cheques/bills via overdraft within agreed drawing power percentage. Tenor is up to 12 months revolving.

Discounting: discounts with recourse for cheques/bills/shipping documents value under Documentary Collection  or Letter of Credit (LC) by advancing the present value to the beneficiary. Tenor is up to 12 months

Forfeiting: discounting without recourse is for cheques/bills/ shipping documents value under Documentary Collection  or Letter of Credit (LC) by advancing the present value to the beneficiary. Tenor is up to 12 months.

Overdraft  supported by Export proceeds: Pre-shipment & Post-shipmentfinance via overdraft against Export LC/Contract/Purchase Order/Invoice within agreed drawing power percentage. Tenor is up to 12 months revolving.

Overdraft  supported by assignment of proceeds: overdraft against legally assigned contracts as a source of repayment. Tenor is up to 12 months revolving.

Supply Chain Finance: solution to finance our clients’ suppliers by advancing the present value without recourse of their assigned invoices to BBE while being accepted by our client.

Bills Negotiation Advancing: payments of due cheques/bills prior collection/clearing. Overdraft secured by Time Deposits (ODTD): fully cash secured overdraft against time deposits &/or CDs, to finance working capital. Tenor up to 12 months revolving.

Medium Term Lending :

Medium Term Loans (MTL): Bilateral term loan to finance long term needs such as “CAPEX, new projects, expansion plans, refinance of short term loans to adjust tenor mismatch and stretch cash flow”. Tenor up to 7 years.

Products Offered under the Central Bank of Egypt’s Initiative

Subsidized loans with preferential interest rates*:

• For small Companies (Annual Sales turnover is up to EGP 50 Million): loans at (5% interest rate are available to support working capital & CAPEX financing requirements
• For Medium Companies (Annual Sales turnover from EGP 50 Million to EGP 200 Million) Operating in Manufacturing, Agriculture and Renewable Energy sectors only are eligible for the following offerings: Medium term loans: to finance new CAPEX at 7%

*Above Offerings are subject to any changes at any time according to the Central Bank of Egypt’s instructions. Terms and Conditions apply.

How to Apply

Access Attijariwafa bank Egypt Business Banking services by submitting the below required documents and apply for a facility at your nearest branch or send us an email and an assigned Business Banking professional will contact you.

• Written request signed by authorized signatory
• 3 years audited financial statements
• 3 months old commercial register
• Valid tax card
• Valid national IDs/ Passports of main shareholders and board of directors
• Any licenses related to operating the business