Kafalat loan
Finance and grow your small or medium sized business, BSL BANK Kafalat loan offers long-term financing with rates subsidized by the Central Bank of Lebanon. You’ll also get a grace period before you start repayments and free advice to help you get the most out of your financing and build the business you’ve been dreaming of.
Features
Use
To finance a new project – To finance equipment purchase
Designed for
Small- and medium-sized industries mainly in technology, tourism, agriculture and handicrafts sectors
Loan Period
Term loan repaid over 7 years maximum, through equal monthly installments Includes a grace period varying between 6 to 12 months
Interest Rate
40% TB 1 year + 3%
Conditions / Eligibility
Applicant should be a Lebanese national for over 10 years Institutions established 2 years ago minimum Feasibility study and a complete business plan Number of employees should not exceed 40
Edge
Empowers SME/SMI to quickly accomplish goals with competitive funding rates Offers the advice and assistance needed to move ahead with the funding
Benefits
Preferential interest rate in LBP – Flexible repayment period – Fast approval timeline
Existing programs
Loan Amount
Maximum LBP 300 million
Beneficiaries
SME, SARL and SAL
Interest Rate
40% of Treasury Bills Yield of 1 year + 3%
FCY: Libor (1year) + 5.5%
Period
Up to 7 years
Grace period of 6 to 12 months
Commission
2% yearly
Loan Amount
No Maximum or Minimum
Beneficiaries
SME, SARL, and SAL
Interest Rate
LBP 40 % of Treasury Bills Yield + 3% Max (revisable annually)
Circ 23: LBP 40% Treasury Bills Yield + 3.3% Max
Period
15 years maximum excluding grace period
Grace period of minimum 6 months to maximum 4 years
Commission
No quarterly commissions, upfront fees, or commitment fees on unused balance
