Women in Business
CIB designed a special lending offering tailored for women-owned businesses to support women entrepreneurs, the first of its kind in Egypt. It is a short-term overdraft facility financing working investment needs (suppliers/ overheads/salaries/taxes/customs) in addition to issuing partially secured bid, performance, and advance payment letters of guarantee to support the company’s operations and tendering activities of existing and non-existing CIB customers.
- Tailored for customers with an annual sale turnover of EGP 1 million up to EGP 200 million
- Credit limit up to EGP 7 million• 10% of facility could be issued in the form of corporate credit card with a maximum limit of EGP 250,000
- Minimal requirements
- A dedicated relationship manager
- CBE initiatives apply
For more information, https://www.cibeg.com/en/business/lending-services?