Supported Loans
Because SMEs are the driving
force of the Lebanese economy, BBAC Bank is proposing a plan to help increase
the effectiveness of SME banking. It's all about the period you
assembled new business equipment that would truly surge output and expand the
competence of your company and employees. Therefore, it's time to inspect fixed
asset financing.
One of the most vital
matters facing SMEs is their trouble retrieving finance. BBAC works to improve
the financing situation for small businesses in Lebanon. If your business has
good potential covering tourism, agriculture, industry, traditional crafts or
high-tech with an adequate annual turnover but your asset value does not meet
the requirements of financial institutions, you may be eligible for up to
fifteen billion Lebanese Pounds or its equivalent in US Dollars or EURO through
the loan guarantee arrangement.
Usually, SMEs find it harder to be able to get bank loans than large companies; instead, they depend on internal funds, or cash from friends and relatives, to start and primarily run their businesses. A fundamental key BBAC work for is to improve SMEs’ access to finance and catch innovative resolutions to reveal bases of capital.
Usually, SMEs find it harder to be able to get bank loans than large companies; instead, they depend on internal funds, or cash from friends and relatives, to start and primarily run their businesses. A fundamental key BBAC work for is to improve SMEs’ access to finance and catch innovative resolutions to reveal bases of capital.
Our method is
all-inclusive, uniting consultative and lending facilities to clients to
increase the connection that SMEs can make to the economy.
In line with its direction to
offer working capital, BBAC Bank will support your business with SME loans
while financing up to 80% of the project cost. A successful track record of at
least one or more years within the same business industry has to be submitted supported
by reliable financial reports.
You can apply for the supported loan, by visiting
any of BBAC branches where our customer service representatives will be ready to
help you with your queries. For more information, visit our website:
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