Guarantees for Loans to Small and Medium Enterprises

How much can Kafalat Plus guarantee?

Fri, 04/12/2013 - 14:16 -- admin

How much can Kafalat Plus guarantee?

Currently the maximum loan amount for a Kafalat Plus guarantee is 600 million Lebanese Pounds or its equivalent in convertible foreign currencies. This is equivalent to approximately 400.000 US$. The minimum amount is 4 million Lebanese Pounds or its equivalent in convertible foreign currencies.

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 above 600 million Lebanese Pounds, no public guarantee scheme exists in Lebanon. However, loans in excess of 600 million Lebanese Pounds can benefit from interest rate subsidies by the Central Bank. For further information, please consult the Central Bank .

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