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SME’s Financing Program in collaboration with European Investment Bank (EIB; www.eib.org)

Support Small, Medium and Midcap companies negatively affected by the Covid-19 pandemic

 This program is dedicated to support small, medium and Midcap companies; especially whose sectors have been negatively affected by the Covid-19 pandemic, so that they can obtain the necessary financing to practice their business within various economic sectors.

Beneficiaries

Owners of small, medium and Midcap 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
  • Midcap companies whose number of employees between (250 - 3000) employees

Maximum funding limit

25 million Euro's or equivalent.

LoanTerm

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

Interest Rate

You can receive beneficial interest rates compared to standard business lending conditions.

Beneficiaries

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