Menu

Small & Medium Enterprises (SMEs)

The definition of SMEs varies from one bank to the other; some banks set the criteria according to the turnover of the companies and/or number of staff and/or amount of loans requested. At BLOM BANK, SMEs refer to Small & Medium Enterprises requesting commercial direct facilities not exceeding $4Million- regardless of the turnover of the company or the number of staff.

 

According to the need of the client, we will propose the correct type of facilities;

 

Types of loans: common between SME & Corporate:

  • Overdraft
  • Direct bills
  • Commercial bills
  • Term loans (short , medium or long term loans)
  • Subsidized loan
  • Soft loans
  • Arab Trade Financing Program (ATFP)
  • Letter of credit (sight or deferred)
  • Financing of Letter of credit
  • Letter of guarantee (Bid Bond- Performance bond …)
  • Collection of documents
  • Foreign exchange operations
  • Hedging operations

Disclaimer  |  List of Banks No. 14. Copyright © 2017 BLOM BANK