Export Financing
The Export Financing solution is designed to provide short-term financing for companies to capture international business opportunities and global growth. In collaboration with partner banks, Export Bahrain will offer export-financing towards approved export deals and contracts at competitive rates / profit. The financing covers the requirements of exporters and provide access to liquidity that cover operations costs of exporting.
Export Bahrain will provide financing of up to BHD 1 Million whilst subsidizing up to 70% of the annual nominal profit rate capped at 9.5%. Export Bahrain will also subsidize 50% of admin fee and 50% of guarantee (capped at BHD 125,000).*
*Subject to our Partner Bank’s approval.
Eligibility Criteria
- A company with an active Bahraini Commercial Registration in the Kingdom of Bahrain.
- Startup and growing companies with revenues below BHD 3,000,000.
- To meet minimum standards of local production, goods manufactured or processed.
Bank Requirements
Terms & Conditions:
- A valid commercial registration and all valid licenses required for conducting an Export Trade Business
- A clean credit history with no record in CBB’s abuser list
- Complying with the LMRA Bahrainization requirements and compliant with LMRA fees payment
- Original signed agreements of export products
- Enterprises with Shariah compliant activities
Documents:
- Three years of audited financial statements
- Two valid identification documents of owners
- Copy of electricity bills (duration to be determined by the bank)
- Bank statement (duration to be determined by the bank)
- Article and/or Memorandum of Association
- Company Profile
- Board Resolution
- A letter specifying the purpose of the amount of finance
- Original Export Agreements to be approved by the Export Bahrain and the bank
*Approval is subject to Partner Banks Terms & Conditions.
Frequently Asked Questions
Repayment tenors are determined based on the purpose of financing and may reach up to one year. The applicant may request for a grace period which is subject to the bank’s approval and varies on case to case basis.