Guarantees for Loans to Small and Medium Enterprises

How much can Kafalat Basic guarantee?

Fri, 04/12/2013 - 12:12 -- admin

How much can Kafalat Basic guarantee?

Currently the maximum loan amount for a Kafalat Basic guarantee is 300 million Lebanese Pounds or its equivalent in foreign currencies. This is approximately 200.000 US$.

The size of the loan requested has to reflect the needs of the project to be financed. The value of the Kafalat approved loan will depend on the financial requirements of the project as justified in the business plan / feasibility study.

For funding requirements between 300 and 600 million Lebanese Pounds, please see the Kafalat Plus guarantee, details below. No public guarantee scheme exists in Lebanon for loans above 600 million Lebanese Pounds. However, loans in excess of 600 million Lebanese Pounds may benefit from interest rate subsidies by the Central Bank. For further information, please consult the Central Bank .