Commercial Facilities Company supports SMEs in Kuwait.
Summary: CFC has supported 700 SME clients with commercial loans during 2014
In a testament to its commitment to supporting SME's to expand their business in the region Commercial Facilities Company (CFC), successfully funded over 700 clients during 2014 through business loans. The company has also established a specialised commercial loans unit to ensure the customer and follow-up service is up to standard during and after the completion of the transaction.
CFC is actively helping to develop the active role of small enterprises in the national economy and is leading the way for the SME's to meet their visions, aims and aspirations by providing full financing packages to SME's.
The Commercial Facilities Company is working to enhance its commercial loan products through the support of small and medium-business entrepreneurs by overcoming obstacles and encouraging such projects. As a leader within its industry CFC's commercial loan products features flexible conditions, designed to ensure higher standards of customer service with direct communication and fast delivery. CFC acknowledges that the financing needs of their customers is the key to its success in the local market, and it continues to develop products and services, and promote excellence in customer service.
Customers can submit applications for SME loans at CFC's main office in Sharq, or at any of the company's branches located in Hawalli, Al Riggae, Fahaheel and Al Jahra, in addition to 21 company representatives spread between the main new and used car dealerships.
Commercial Facilities Company (CFC) was established in 1977 as the first Kuwaiti closed shareholding company with an initial capital of KD 3.8 million. It specialises in providing instalment credit facilities to finance consumer and commercial products. CFC plays a major role in the development of the financial and consumer goods industry. It is one of the leading companies in offering instalment credit facilities, car financing, and personal cash loans. Branching out in strategic locations, CFC has over 200 employees across its five branches and 21 representative offices. CFC's online service, www.cfc-kw.com, provides customers with a convenient portal to manage their accounts.
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