Green finance
Alex Bank
|
Product |
Description |
Uses of funds (capex vs opex) |
Clients/Types of Projects |
Conditions |
Interest rate |
Link |
| Crop financing | Loans dedicated to assist crop farming. | CAPEX & OPEX | Small enterprises and individuals | Loan amount (working capital) up to EGP 3 million, Loan amount (fixed assets) up to EGP 5 million, Age range of client: 23-65 years of age. The required documents include: A copy of the national ID, commercial register, taxation card, contractual agreement for the sale of cultivated crops, a company statement showing the number of crops provided by the farmer during the last season, a letter from the agricultural cooperative association verifying the customer's previous experience in farming, and two price quotations for the financed fixed assets. | Interest: 32%, Payment plans for working capital financing are up to 12 months and up to 60 months for fixed assets. | Link |
| EBRD and EIB – Green economy finance facility (GEFF) | GEFF provides finance and advice for private sector businesses to improve competitiveness through high-performance technologies and practices. | CAPEX & OPEX | Commercial, industrial, and agricultural. | Through the agreement, ALEXBANK is provided with comprehensive technical assistance for evaluating development, design, and implementation tools related to energy-efficient investments and small-scale renewable energy facilities. In addition, eligible projects will be entitled to receive grants worth up to 15% of the investment's financial value. | N/A | Link |
| Micro livestock loan for companies | Microfinance lending offered to companies to grow cattle farms. | CAPEX & OPEX | Micro enterprises | Loan requirements: National ID, a copy of the ownership or rental contract for the business site noting that the contract validity should be within the loan tenure, a recent telephone, electricity, or gas utility bill (maximum 3 months old), the loan recipient should be between the ages of 21-65 years old, the business must have been operating for at least 1 year (with proof of documents or by field investigation), and a guarantor is required. | Interest: 31%, Payment plans from 12 to 48 months. | Link |
| Microfinance for companies | Microfinance lending for companies to finance their needs in developing or starting their microenterprises (in cooperation with NGOs/relevant organizations). | CAPEX & OPEX | Micro enterprises | Required documents include: A guarantor, a copy of the national ID, a valid commercial register, a valid tax card, a copy of the ownership or rental contract for the business site (the contract validity should be within the loan tenure), a recent telephone, electricity, or gas utility bill (maximum 3 months old). The age of the recipient should be between 21-65 years old, and the minimum business maturity is at least 1 year of operation. | Interest: 35%, Payment plans are up to 36 months. | Link |
| Small business – Fixed assets | Financing fixed assets purchase (i.e., machinery, equipment, vehicles and production lines). | CAPEX | Small enterprises | The required documents include: A valid commercial register, a valid taxation card, a national ID for all shareholders and partners, valid activity-related documentation, the property's legal documents (statement of possession or a rental contract), financed asset quotation, and a variety of repayment periods (long and medium tenors based on the financed asset, up to 5 years). | N/A | Link |
| Small business – Livestock | Financing for small companies working in livestock development projects. | CAPEX & OPEX | Small enterprises | The required documents include: A valid commercial register, a valid taxation card, a national ID for all shareholders and partners, valid activity-related documentation, and the property's legal documents (statement of possession or a rental contract). | Interest: 5% | Link |
| Small business – Working capital financing | Financing working capital, either under inventory finance, receivables finance, or others. | OPEX | Small enterprises, excluding the tourism sector, money exchange offices, real estate developers, and financial institutions. | The required documents include: A valid commercial register, a valid taxation card, a national ID for all shareholders and partners, valid activity-related documentation, the property's legal documents (statement of possession or a rental contract), and a guarantor is required on a case-by-case basis. | Interest: 22.25%, Payment plans are up to 12 months. | Link |
