Term Loan Facility
Term loan is a loan that is disbursed for a specific maturity and having equal monthly installments.
- Loan amount: from EGP 20.000 to 242.000
- Loan tenor: from 6 to 36 months
- Supported businesses activities: Trade & Manufacturing & Services
- Purpose: working capital & fixed assets
- Business location: Most of governorates
- Time for decision: within 48 Hours (after submitting all mandatory documents)
- Collateral: For loans up to EGP 50.000 – no collateral. For loans above EGP 50.000 required 1-2 guarantors
- Mandatory documents: 1. Valid national ID 2. Business & residence proofs (contracts or utility bills)
- Application method: Website , Mobile App , Social Media & Hotline.