Guarantees for Loans to Small and Medium Enterprises

If additional collateral is required, does it have to be the plot where the project is to be set-up?

Mon, 05/13/2013 - 11:54 -- admin

First of all, Kafalat does not require any collateral, but the bank may do so in certain programmes. In this case, the collateral can be anything that you and the bank agree to, and do not have to be the plot where the project is set up.

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