Loans

What is real estate development financing?

Real estate development financing is a type of mortgage loan designed to support real estate developers in realizing their projects. It provides funding for construction work on buildings intended for sale or rent, undertaken by real estate developers.

Who can benefit from it?

– Individuals or legal entities under Algerian law.

– Holding a trade register for real estate development activity.

– Holding an authorization for real estate development.

– Listed on the national register of real estate developers.

– Able to demonstrate a personal contribution of at least 20% of the estimated project cost.

– Holding land for the project in full ownership, which will be the basis for the real estate development project.

What are its characteristics?

– Competitive pricing to maximize the profitability of your real estate development.

– Financing can cover up to 80% of the project’s total cost.

– Repayments are made on a quarterly basis.

– The repayment period can range from 18 to 42 months.

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 Bank for more than six (06) 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 a signature loan ?

A signature loan is a form of credit where there is no immediate disbursement. The bank lends its signature to the client, guaranteeing their solvency to creditors and committing to fulfill obligations in case the client fails to do so.

Signature loan, or commitment by signature, allows the client to:

• Avoid immediate disbursement;
• Receive advances;
• Or defer a payment.

These loans are granted to businesses engaged in the production of goods and/or services, excluding those involved in trade and foreign trade operations.

Who is eligible for this type of financing?

Eligible for signature loan are:

• Companies domiciled with CNEP-Banque whose transactions are partially or fully managed through CNEP-Banque counters;
• Newly established clients who have not entrusted their turnover to CNEP-Banque but whose project presents commercial interest for CNEP-Banque;
• Algerian subsidiaries of foreign companies, domiciled in Algeria, to whom CNEP-Banque may require a counter-guarantee issued by a first-rate foreign bank.

What are the forms of signature loans?

CNEP-Banque grants the following types of signature loans:

• Endorsements (aval);
• Guarantees for public and private contracts;
• Tax guarantees;
• Various guarantees;
• Letters of guarantee in favor of other professionals.