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Financing Projects: |
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General rouls: |
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First: |
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It's important to deal with legal firms and
companies in legal form . |
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Second: |
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Our group deals as a local or universal
financial association which is concerned with the financial condition but
our conditions are easier than any other local or universal association,
We deal with
Three ways as the following:- |
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Bank guarantee 50% from the required
finance covered by 50% life insurance policy from universal companies.
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In the case of unavailability of the bank
guarantee the project study and the site ownership then mortgage the whole
project for the interest of the group+ borrower's life insurance policy
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In very special cases the insurance policy
will be accepted when the required finance doesn't excess million US
dollars.
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Third: |
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We don't deal with mediators and don't get
commissions from any customer and all our measures such as banking
,commercial, real estate inquiring about the customer are on our own
account also reviewing the feasibility studies and its modification or any
consultations and any future supervising on the project are for free. |
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Four: |
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Financing industrial , agricultural ,
touristic , real estate and import projects: |
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Diminishing annual simple rate
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Grace period with paid at the end of each
year
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Repayment period from 3 to 12 years
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