What is the EIB-Funded Investment Loan?
This is a credit program, which provides financial support referring to the expenditure documents in accordance to the needs of business capital for domestic investment projects (new investments, expanding and modernization) regarding to their export trade and foreign exchange earning services for domestic SME in Turkey.
Who can benefit?
Our SME’s with export or foreign exchange earning service businesses.
What is the purpose of the product?
In the course of the credit agreement signed between our bank and the European Investment Bank (EIB); we are financing the business capital needs of our small- to medium enterprises (SME) which are operating on the industrial, touristic and service sector, for their domestic investment projects (new investments, expanding and modernization) regarding to their export or foreign exchange earning service businesses.
It is expected, that the purchase of the goods and services, which will be financed in the scope of our EIB-Funded Investment Loan program are complying with the EIB terms of purchase.
The projects have to comply with the environmental legislation of our country and the European Union.
Short-term financing needs with the purpose of land purchases etc. and transactions with totally financial purposes like taking stocks etc. are not being financed in the scope of these credits.
What is the company limit?
In the scope of our EIB-Funded Investment Loan program projects with a value of maximum 25 Million Euro will be financed. The company limit amounts 12, 5 Million Euro.
What is the threshold for this transaction?
In the scope of our EIB-Funded Investment Loan program is no threshold existent.
How long is the term?
The term opportunities for the credit will be determined by our bank on credit basis.
What does it cost?
The interest rate for the credit will be determined by our bank on credit basis.
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