Arab Finance: Banque Misr is offering financing of up to EGP 5 million to small and medium-sized enterprises (SMEs) through its Express digital platform, with applications requiring five documents and procedures completed within five business days, subject to the bank’s terms and conditions, as per a press release.

The platform allows business owners to complete the financing process online, from identifying their funding needs and uploading the required documents to tracking applications, securing approval, and receiving the funds.

Express targets existing small businesses with annual sales ranging from EGP 1 million to less than EGP 50 million. Eligible businesses must have operated for at least one year and have a minimum capital of EGP 50,000.

Companies that are not existing Banque Misr customers may also apply under the applicable terms and conditions.

The platform includes Express for Doctors, a specialized financing solution covering clinics’ and medical centers’ requirements for equipment, supplies, and working capital.

Banque Misr also provides financing of up to EGP 8 million for solar photovoltaic (PV) systems and related equipment, with repayment periods of up to seven years. The product is intended to help businesses lower operating costs and emissions while supporting their competitiveness and the green economy.

Alongside its financing products, the bank operates the Express Projects platform, which provides information on financial products, project financing programs, and non-financial services designed to help owners of micro, small, and medium-sized enterprises (MSMEs) manage and develop their businesses.