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Kafalat Programs

Subsidized, guaranteed loans to help you start up or expand your business.

Do you have a small or medium sized firm with up to 40 employees? Then Credit Libanais Kafalat Loans Programs can take your business to the next level. These loans are ideal for promising businesses in many sectors: tourism, agriculture, industry, traditional crafts and high-technology.

 

 

 

  • Loans subsidized by the Central Bank (up to 4.5%)
  • Loans guaranteed by  Kafalat S.A.L with a commission: 2.5% of the value of the Kafalat guarantee + 3% fiscal stamps (one time fee) ). Exceptionally for the three kinds of Kafalat Energy the commission to be calculated at 2 % of the value of the Kafalat guarantee+ 3% fiscal stamps (one time fee).Interest rate on loans granted in Lebanese Pounds of 40% of 1 year Treasury bills + 3.3% for all kafalat loans and exceptionally 3 % for the three kinds of Kafalat Energy (since the energy loans are granted in LBP only).
  • Interest on loans granted in US Dollars of 1 year Libor +5.5%
  • Loans granted to small and medium size businesses: companies, sole, proprietorship,  individual, or cooperative
  • Repayment period can vary between 12 and 180months, including 6 months to 3 years grace period (Energy related loans ant trees farming can be granted for longer periods as per below tables)
     

Answer your precise needs. Below are some examples of what you could finance regardless of whether your business is an existing  or new one:

  • Purchasing machinery and equipment (new or used)
  • Financing agriculture & farming projects and cattle
  • Financing working capital such as purchasing raw materials and spare parts (normally granted with shorter repayment periods)
  • Equipping and furnishing hotels and restaurants
  • Implementing a solar energy system that reduces energy consumption and energy cost generation
  • Implementing a solar energy system for alternative power generation
  • Installation of solar panel systems and related equipments

To best suit your business's real needs, several Kafalat loans are currently offered:

  Kafalat
Basic
 Kafalat
Delegation
 Kafalat
Plus
 Kafalat
Innovative
EligibilityIndividuals, SAL and SARLIndividuals, SAL and SARLOnly SAL and
SARL
Only SAL and SARL (only for innovative
products and
techniques)
AmountUp to LBP 300M or equivalent in US DollarsUp to LBP 75M or equivalent in US DollarsUp to LBP 600M or equivalent in US DollarsUp to LBP 300M or equivalent in US Dollars
Client contribution :

Determined according to the project

Determined according to the project

minimum 30% (start-up) and 20% (existing company),

20% (existing company), 10% min. contribution

Guarantee Ratio

75% of the loan amount + the project

70% of the loan amount + interest

85% of the loan amount + interest (no security can be requested)

90% of the loan amount + interest

Repayment

Up to 7 years, including a grace period between 6 months and 1 year (exceptions

Up to 7 years, including a grace period between 6 months and 1 year (exceptions

Up to 7 years, including a grace period between 6 months and 1 year (exceptions

up to 5 years, including a grace period between 6 months and 1 year: apply

Special Characteristics 

Fast and efficient: Requires the approval of the Bank Committee, based on this Kafalat will issue the guarantee

  

Also used for:

- Marketing promotion activities, foreign exhibitions, etc.,

- Plant renovation, expansion, etc.,

 

Also used for the development of :

- a new product or service,

- a new production or process,

- new uses for existing products

- new distribution channels

- research

 

 

  Kafalat
Energy Efficiency
 Kafalat
Renewable Energy generation for internal use
 Kafalat
Renewable Energy generation for sale to third parties
 Kafalat
Small Agriculture

Kafalat
Trees

Kafalat
START-UPS & INNOVATION
Max AmountLL600MiosLL600Mios1,320,000,000 LBPLL65Mios          OR C/V                 $43,333LL480Mios          OR C/V      $320,000LL650Mios          OR C/V      $433,333
Kafalat
Guarantee
Up to 85%,the applicable rate now is 75 %Up to 85%,the applicable rate now is 75 %Up to 85%,the applicable rate now is 75 %85%75%

90 % (innovation and start up) 

85 % (start ups only)
Period
Grace period

10Y incl.         1Y g.p.

15Y incl.         2Y g.p.

15Y incl.        3Y g.p.

7Y incl.
1Y g.p.

10Y incl.
3Y g.p.

7Y incl.
1Y g.p.

Collateral

YES

YES

YES

NO

YES

NO
Rate

3%

3%

3%

LBP
40%(1year TB)+3%   

USD
1 Y Libor + 5.5% 

First 7 years LBP
40%(1year TB)+3%   

USD
1 Y Libor + 5.5% 

* Last 3 years rated at 3 % only.

LBP
40%(1year TB)+3%    

USD
1 Y Libor + 5.5% 

Legal Entities

All entities

All entities

All entities

All entities

All entities

SAL
Conditions 

 

   Min. Contribution 50%
Subsidy
7 years only

7 years only

7 years only7 years only7 years only7 years only

 

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