Who can benefit?
The tourism credit program is suitable for:
- Travel agencies, which possess the A group business certification of the association of Turkish travel agencies (TÜRSAB),
- Travel agencies, which possess the A group business certification, rated as a tour-operator from the Ministry,
- Private airlines resident in Turkey, which transport passengers from abroad to Turkey and possess the business licence for commercial air transport business from the TR Ministry of Transport, Maritime Affairs and Communication,
- Tourism businesses, which are supplying accommodation services in essential, and which are appointed as an exporter by cabinet decision and possess a licence from the Ministry,
the credits are provided in return to the undertaken tourism service charges/foreign exchange earnings from abroad regarding to the financing of the tourism services they will realise within the credit term.
What is the purpose of the product?
In the scope of our tourism credit program we meet the financial needs of tourism businesses, travel agencies and private airlines resident in Turkey, which transport passengers to Turkey from abroad.
What is the company limit?
In the scope of the tourism credit program we can provide a credit amount of USD 25 Million.
What is the threshold?
There is no threshold in the course of the tourism credit program on transaction basis.
How long is the term?
The maximum credit term is 360 days.
What does it cost?
The interest/dividend rates to be applied on the credit are being determined in regard to the credit term, the credit amount and the currency.
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