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SME’s Financing Program in corporation with European Investment Bank (EIB)

Support Small, Medium and MEDCAPs companies negatively affected by the Corona pandemic

This program is dedicated to support small, medium and MEDCAPs companies; especially whose sectors have been negatively affected by the Corona pandemic, so that they can obtain the necessary financing to practice their business within various economic sectors.

Beneficiaries

Owners of small, medium and MEDCAPs companies which carries out its activity inside the Kingdom; and meet the following conditions

  • Small and medium companies whose number of employees therein are less than 250
  • MEDCAPs companies whose number of employees between (250 - 3000) employees

Maximum funding limit

25 million Euro's or equivalent.

Loan Term

Repayment period is up to 7 years, including the grace period.

Interest Rate

Interest rate to be applied in accordance with applicable rates by the Bank.

Beneficiaries

All economic sectors permitted for financing and approved by the European Union.