With this new facility from Cairo Amman Bank you can finance your business, and your commercial activities while benefitting from our competitive conditions and advantages.
The program provides liquidity to fund working capital and finance the purchase of fixed assets for your project.
Financing facilities from U.S. $ 10,000 and up to U.S. $ 500,000.
Flexible repayment periods of up to 3 years to fund working capital with the possibility of a grace period of up to 6 months, and 7 years when financing fixed assets and with the possibility of a grace period of up to 12 months.
Declining interest rate (calculated on the outstanding balance).
Facility can be granted in the form of a loan or Trade Finance Line to finance purchases.
If the client is a legal person (company), the company’s registration certificate stating the names of the shareholders of the company and the authorized signatories of the company in addition to copies of their identification cards.
You will also need to provide a copy of the company’s by-laws and articles of association which indicates that the company has the right to take loans from the banks.
For individual activities, submit a valid craft practice license issued by the Chamber of Commerce and/or the relevant municipality.
A copy of the identification card of the borrower and the guarantors.
Financial statements for at least the past two financial years.
