Loans

What is Professional Financing?

The “Professional Financing” product is a medium and long-term investment loan (CMT and CLT) designed to finance individuals or legal entities engaged in a professional activity.

What types of financing are provided?

• The acquisition of new equipment necessary for their business;
• The acquisition of a professional premises or real estate exclusively for the purpose of carrying out the activity;
• The realization of renovation work on the professional premises;
• Combined financing of the professional premises, renovation work on the premises, and/or new equipment necessary for the activity;
• Working capital required for the start of the activity, representing a maximum of three (3) months of the projected or actual turnover, the financing of which is proposed simultaneously with the other investment items and cannot, under any circumstances, be granted on its own.

What are the eligibility conditions?

The “Professional Financing” loan can be granted to any individual or legal entity holding authorization, a permit, or accreditation to conduct a professional activity issued by the competent authorities.

What are its advantages?

• Financing can go up to 100%;
• Repayment term of up to 10 years;
• Very advantageous interest rates starting from 5.25%;
• Flexible repayment schedule;
• The possibility of early repayment;
• The ability to check your loan using the CNEP Connect application;

What types of guarantees are accepted?

• Mortgage on real estate;
• Mortgage extended to constructions made;
• Pledge of production equipment;
• Pledge of acquired rolling stock;
• Pledge of cash vouchers and the like;
• Financial guarantees.

Solutions to serve your business

What are operating loans?

Operating loans are short-term financing solutions that help businesses manage temporary discrepancies between income and expenses, thereby meeting their cash flow needs.

What are the types of operating loans?

There are two types of operating loans offered by CNEP-Banque: non-revolving operating loans and revolving operating loans.

What are non-revolving operating loans?

• Overdrafts
• Cash facilities.

What are revolving operating loans?

• Revolving overdrafts
• advances on invoices
• advances on stocks and/or merchandise
• advances on securities
• advances on public contracts
• mobilization of payment rights
• commercial discounts
• campaign loans

Who is eligible for this type of financing?

Both individuals and legal entities engaged in commercial, professional, or production activities, as long as their turnover has been domiciled with CNEP -Banque for more than six months.

What are the characteristics of operating loans?

The loan amount is determined based on the entity’s needs, its debt capacity, and its profitability.

The total amount of various operating loan authorizations for a single client cannot exceed 50% of the turnover entrusted to the bank. The maximum duration for operating loans is 12 months, with the possibility of renewal.

What is the financing product “MELK IJARI”?

MELK IJARI is a financing product that allows the acquisition of a commercial property through a lease with an option to purchase contract, along with the transfer of all rights, obligations, and risks associated with the financed property to the tenant at the end of the contract.

Who is eligible for it?

• Individuals or legal entities under Algerian law;
• Engaged in commercial, professional, and/or industrial activities;
• With a minimum of one (01) year of activity or new businesses in creation that are of interest to the bank and the national economy, or new businesses associated with existing companies, including expanding business activities by creating new ones.

What are the advantages?

• The financing amount can reach up to 100% of the cost of acquiring the real estate;
• The lease term can extend up to 15 years;
• The possibility of repayment grace period of up to 3 months;
• Rent payments can be made on a monthly or quarterly basis;
• The residual value of the property represents 1% of the acquisition cost of the property.