- Business
- E.N. Shoham Business Ltd (SHOM.TA) operates as a publicly traded Israeli company providing non-bank financing services to businesses, with a specialization in discounting deferred relay activities, check discounting, loans for working capital requirements, and currency services. The company offers core products including short-term financing solutions such as relay discounting and working capital loans tailored to business cash flow needs; these services target small and medium-sized enterprises in Israel, supplemented by currency exchange and check cashing operations. Founded in 1987 and headquartered in Herzliya Pituach, Israel, with operational offices in Ramat Gan, it functions within the financial services sector, specifically non-banking credit intermediation, employing 12 staff and led by CEO and Founder Eli Nidam.
The firm maintains a dividend policy distributing up to 30% of net profit, subject to legal and distribution tests, and received an expanded credit license from Israel's Capital Market, Insurance and Savings Authority in July 2018 to comply with financial services supervision regulations. In May 2018, it secured a 12 million ILS bank credit facility to support growth, reduce funding costs, and diversify financing sources, enabling expanded lending capacity amid over 25 years of management expertise in non-bank finance. Geographically focused on Israel, E.N. Shoham Business reports trailing twelve-month revenue of ILS151.77 million and net earnings of ILS39.91 million as of mid-2025, with a recent dividend announcement of ILS0.13 per share in December 2025 reflecting ongoing profitability in a high debt-to-equity environment of 404.4%. No major acquisitions, partnerships, or strategic shifts have been reported in the last 1-2 years, with the company prioritizing steady non-bank credit operations amid stable financial performance.