Financing Partners
EPAP provides financing through local participating banks, including the following:
Apex Bank
![Apex Bank Image](/images/2021/06/15/nbe-logo-new-to-use-web6.jpg)
Participating Banks
![Image](/images/2022/10/23/cib-logo-a50e7b4a6b-seeklogo.com.png)
![Image](/images/2022/10/23/qnb-alahli-logo.png)
![Image](/images/2022/10/23/idb_logo.png)
![Image](/images/2022/10/23/banque-du-caire-final-5-2-2020.png)
Financing Conditions
For approved projects, funding can be obtained through the Apex or participating banks. Comply with BAT measures/emission values.
- Borrow up to 90% of investment costs.
- Maximum loan normally EUR 15 million but can be increased to EUR 25 million case-by-case.
- Interest rate 1-2% over CBE Corridor rate or 2-3% over Libor/Euribor for foreign currency.
- Loan repayment is 5-8 years with 1-2 years grace period.
- Grant is 10-22% depending on financial viability.