Kafalat Loan

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Am I eligible for the Kafalat Loan?
  • You must have an existing small or medium sized enterprise (SME) (i.e.: SAL, SARL, COOPERATIVE...) with an acceptable annual turnover or a start-up enterprise registered in Lebanon.
  • Your enterprise must be engaged in one of the following economic sectors: Industry, Agriculture, Tourism, Tradition Crafts or High Technology.
  • You must have a successful track record of at least one or more years within the same business field supported by consistent financial statements.
  • You must use the loan for business development and business related expenditures such as the purchasing of new or old equipment and capital goods, plant renovation or expansion, marketing activities, research and development, and any other strategic objectives that serve the interest of the business.
What do I need to know about the Loan? 
  • Currency: Lebanese Pounds
  • Loan Amount: up to 600 million LBP
  • Repayment Period: up to 7 years including the grace period
  • Grace Period: varying between 6 to 12 months
  • Financing Amount: up to 85% of the cost of the project
  • Interest Rate: 40% of the return on 1 - year (LBP) Treasury Bills + 3%
  • Commissions and Fees: none
What are the guarantees and conditions required for the Loan?

A life insurance policy from an insurance company acceptable to BBAC.

What is the next step?
You can apply for the Kafalat Loan by visiting any of the BBAC branches, where the customer service representatives are ready to provide assistance, or request a meeting online.

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