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New partnership with Pallease to increase financing options for local businesses
The SANAD Fund for MSME (SANAD) has invested in the leasing sector in the Palestinian Territories in order to increase access to finance for micro, small and medium enterprises (MSMEs). The fund’s initial loan of USD 2 million to The Palestinian Company for Operational and Capital Lease P.L.C. (Pallease) puts SANAD among the company’s first international investors and paves the way for the expansion of MSME leasing operations in the region.
The first leasing company accredited and licensed by the Palestinian Capital Market Authority, Pallease leads the nascent Palestinian leasing sector. The company’s alternative financing options particularly benefit MSMEs with...
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