As part of its effort to diversify its services, EIB provides short-term loans that do not exceed a period of two years in addition to a grace period that is determined by the needs of the projects. This service is meant to help projects meet their needs for working capital, especially for the purchase of raw materials. If the importance of short-term loans is taken into consideration, ElBs short-term funding helps greatly in providing working capital to industrial projects that facilitates the smooth running of the entire production process. Such loans provide industrial investors with the ability to respond to market needs during periods of high seasonal demand.