Supported Loan

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Am I eligible for the Supported Loan?
  • You must have an existing small or medium sized enterprise (SME) (i.e.: SAL, SARL, COOPERATIVE...) or a corporate with an acceptable annual turnover registered in Lebanon.
  • Your business 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 to finance fixed assets such the purchasing of equipments or construction.
What do I need to know about the Loan? 
  • Currency: Lebanese Pounds, US Dollars or Euro
  • Loan Amount: up to 15 billion LBP or its equivalent in USD or Euro
  • Repayment Period: up to 7 years including the grace period
  • Grace Period: up to 2 years
  • Financing Amount: up to 80% of the cost of the project
  • Interest Rate:

    • LBP: 2 years Treasury Bills + 1%
    • USD: LIBOR 3 months +7%
    • Euro: EUROBAR 8 months + 7%
  • 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 Supported 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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