The Economic and Social Fund for Development (ESFD), funded by the European Union (EU), the Government of Lebanon (GoL) and BLC Bank provide support services to small enterprises in financing projects in all economic sectors except real estate.

What are the ESFD Loan terms?

• Loan Amount: the equivalent of Euro 20,000 in LBP.
• Grace period: reaching 12 months depending on the project feasibility.
• Loan duration: up to 5 years depending on the purpose of the loan, including the grace period.
• Attractive low Interest Rate*.
• No file fees.
• No Bank Commission.
• Business Status: Existing and start-up businesses.

* indexed to average rate on deposits issued by the Central Bank of Lebanon

How do you apply?
Contact us on 04-72 72 22 or visit any of our BLC Bank branches, tell us what your plans are and we will take you through the details from applying for the loan to helping you prepare the business plan and cash flow to finally financing your project.