Finance your project at an interest that could reach 0%*
Do you have a small or medium business?
Is it in the domain of Agriculture, Industry, Tourism, Technology or Craftwork?
Do you want to expand your business? Or open a new one?
If your answer is yes and you need to finance your project at 0%* interest rate, NOW is your opportunity to realize your true business potential.

How?
Banque du Liban, KAFALAT s.a.l. and BLC Bank have joined their efforts to support the development of small and medium businesses. As such you will currently benefit from financing your project at an interest that could reach 0%*.

What is Kafalat loan?

• Loan amount: You can borrow between LBP 10 million and LBP 300 million.
• Loan duration and repayment : You will benefit from a grace period varying from 6 to 12 months. You will then start repaying equal monthly installments for a period not exceeding 7 years including the grace period.
• KAFALAT guarantee: KAFALAT s.a.l. guarantees up to 75% of the loan principle and interest. Against this guarantee, a 2.5% annual commission is applied on a yearly basis.

What are Kafalat loan’s conditions?

• You must be in the business of Agriculture, Industry, Tourism, Technology or Craftwork.
• The size of your business should be small or medium. i.e. the number of your employees should not exceed 40.
• The amount you borrow should be used either to increase your working capital needs or to finance your new project and not to repay any outstanding debts.
• You must provide us with a feasibility study and a cash flow projection over the period of the loan. Our bank specialists will assist you in the preparation of these studies if needed.

How to apply for Kafalat loan?
Visit any of our BLC Bank branches, tell us what your plans are and we will take you through the details or e-mail us at kafalat@blcbank.com.

*Variable yearly according to Lebanese Treasury Bills yield. Should the one year Treasury Bills' rate be equal or below 10%, then your effective interest rate will be zero.