Product

Annual rate *

Management Fees *

Minimum Fees *

Short term Financing (less than 1 year)

Min COF +4%

0.5% to 3%

     1000

Medium term Financing (1-3 years)

Min COF +4%

0.5% to 3%

     1500

Long term Financing (More than 3 years)

Min COF +4%

0.5% to 3%

     2000

Point of Sales Financing

Min COF +4%

Min of 1.5%

     1000

Note: The above are only examples, Rates & Fees are based on loans structure, credit score, risks that vary within each case. Last Update: 01/04/2025

Example 1: Short-term financing

A client looking for a working capital finance with an amount of       1,000,000 for a period of 10 months, and monthly installments:

Total Facility Amount

      1,000,000

Annual rate

6%

Profit amount (Subject of utilizing all limit)

      50,000

Financing Tenor

10 Months

Monthly Installment* (Subject of utilizing all limit)

      105,000

Management Fee

      10,000

 

Note: The above are only examples, Rates & Fees are based on loans structure, credit score, risks that vary within each case. Last Update:01/04/2025

 

Example 2: Medium term financing

A client wishes to fund extracts of       4,000,000 for a period of 24 months and to be paid on a quarterly basis:

Total Facility Amount

      4,000,000

Annual rate

7%

Profit amount (Subject of utilizing all limit)

      560,000

Financing Tenor

24 Months 

Quarterly Installment* (Subject of utilizing all limit)

      570,000

Management Fee

      40,000

 

Note: The above are only examples, Rates & Fees are based on loans structure, credit score, risks that vary within each case. Last Update: 01/04/2025

 

Example 3: Long-term financing

A customer looking for capital expenditure financing of     6 million for a period of 5 years, and to be paid on a monthly basis:

Total Facility Amount

      6,000,000

Annual rate

8%

Profit amount (Subject of utilizing all limit)

      2,400,000

Financing Tenor

60 Months

Quarterly Installment* (Subject of utilizing all limit)

      140,000

Management Fee

      60,000

 

Note: The above are only examples, Rates & Fees are based on loans structure, credit score, risks that vary within each case. Last Update: 01/04/2025

 

Example 4: Point of Sales Financing

A customer looking for Point of Sales financing of      1 million for a period of 12 months, and to be paid on a monthly basis:

Total Facility Amount

      1,000,000

Annual rate

SIBOR +5%

Profit amount (Subject of utilizing all limit)

      59,938.37

Financing Tenor

12 Months

Quarterly Installment* (Subject of utilizing all limit)

      83,333.33

Management Fee

      15,000

Note: The above table is just an example, the annual loan rate or administrative fees may differ based on the business sector, required amount, financing period, and credit score for each customer. Last Update: 01/04/2025

*The customer may request the distribution of installments (in addition to the bank's profits) on a monthly, quarterly, semi-annual or annual basis

All fees are subjected to 15% Value Added Tax (VAT)

*The customer may request the distribution of installments (in addition to the bank's profits) on a monthly, quarterly, semi-annual or annual basis

All fees are subjected to 15% Value Added Tax (VAT)