As an entrepreneur, you are facing daily challenges and planning for the future. We offer you comprehensive range of products and services to make your day to day banking hassle free, as well as expert advice making sure we match the right product to your specific financing needs.
1. Business Account:
There are many benefits you enjoy when you can manage your money as simply and as efficiently as possible. We introduce to you our Business Account.
- Free unlimited domiciliation of bills
- Reduced price on checkbooks
- Same value date for a variety of transactions
- No commission on deposits up to 3,000 USD
- Free debit, credit and internet cards
- Free SMS transaction notification
- Free Internet Banking and Mobile Banking services
As a woman entrepreneur, you contribute to the economic growth in the country. Yet, you might lack the funding and support to help you succeed. We, at BLC Bank, value your contributions, understand your borrowing needs and are committed to support your growth plans.
Whether your business is in agriculture, industry, trade, tourism, services or real estate, check our wide range of the below listed products and our experts will provide you with advisory services and support guiding you to make the right choices for your business.
ESFD microcredit Programs: created by the European Commission and the Lebanese Government, the Economic and Social Fund for Development (ESFD) in conjunction with BLC Bank, provides support for the financing of startup and growing projects.
Koudourat range of products: If you have an established business with an annual turnover below USD 500,000 or simply wish to establish a new business, the KOUDOURAT programs are your ideal solution to finance your working capital, acquire new machinery and equipment or buy premises. KOUDOURAT products have been structured based on the type of loans a business may require such as term loan, Overdraft, Letters of Credit and Guarantees.
- Kafalat Loans: In association with Banque du Liban (BDL) and Kafalat s.a.l., we give the opportunity to your businesses to finance development projects at a very low cost. Kafalat s.a.l. objective is to provide an efficient financial guarantee for loans provided to developing enterprises.
If you wish to expand your existing business or open a new one and your business is in the Agriculture, Industry, Tourism, Technology or Craftwork sector with a number of employees not exceeding 40, then ask for our Kafalat range of products: Kafalat Basic, Kafalat Plus and Kafalat Innovative.
Term Loans with BDL: In collaboration with Banque du Liban (BDL), the Term Loans provide you with the right financing solution to launch new projects or enlarge your existing business in the productive economic sectors of Industry, Agriculture, Tourism, Traditional Crafts and High technology at very competitive features. This loan targets professionals, start-ups and existing businesses. Non subsidized sectors can also benefit from Commercial Property Loan under BDL Circular 185 at very competitive conditions, reduced interest rate, no fees and free from commissions.
- Collateral-free Loan: If your business has already been established for at least 2 years, you can benefit from flexible financing conditions to help you achieve your plans without the hassle of securing a collateral. You can borrow to finance your equipment, raw material, inventory, farming supplies and working capital while enjoying a long term repayment period up to 5 years.
Your Credit Facilities benefits:
- Attractive low interest rates
- Competitive fees and commissions
- Grace period in line with your business needs
- Flexible financing methods
- Long term repayment period
- Assistance from the Bank's experts to choose the program that best fits your needs
- Stay up to date by tracking your accounts online through BLC eBank.
Provide your employees with the solution for their day to day banking all the while allowing you to save both time and money with the SIGMA account, an interest earning checking and salary domiciliation.
- Time saving through direct electronic funds transfers
- Cost effective solution to help you cut your overhead expenses
- Increased efficiency in managing your employees' payroll
- Reduced risk of handling large amounts of cash
Your employees' benefits:
- Accessing the account anytime
- Special interest rates earned even on low account balances
- Free checkbooks, debit card, credit card, internet card
- Free SMS transactions notifications
- Free bills domiciliation, annual account statement
- Free for the first year: personal accident insurance
- Free Internet & Mobile Banking
- No commission on US Dollars cash deposits up to USD 1,000
- Personal loan up to ten times monthly salary and a credit card with a limit up to six times his monthly salary
Option of installing Point of Sale machines (POS) at your end, which will allow your customers to make their payments using their debit or credit cards (MasterCard, VISA, American Express). This will grant your customers additional payment methods in an easy and simple process while the purchase amount will be automatically credited into your account.