In collaboration with the Central Bank of Lebanon, LGB BANK is providing you with the right solution to launch new projects or grow your existing business in all economic sectors at very competitive features. Our aim is to boost the country’s economic activity by stimulating investments in the productive sectors, through medium to long-term funding at reduced costs, by subsidizing part of or all the interests.
LGB BANK is offering low-cost Government assistance schemes to finance eligible small, medium and large enterprises in Lebanon whether local developers of software and technical expertise or operating in the three following sectors: Industry, Tourism and Agriculture. Subsidized loans are mainly provided for equipment and construction financing.
Loan’s Characteristics
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Maximum repayment period: Up to 7 years with customized loan payments
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Grace period up to 24 months (inclusive of the loan period)
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Guarantees will be studied on a case by case basis
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Applicable rate:
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3 months Libor rate + 7% for USD (Subsidized up to 4.5%)
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2 years Treasury bills + 1% for LBP (Subsidized up to 4.5%)
Eligibility
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Beneficiaries: SME’s (SAL, SARL), cooperatives or natural persons
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Refinancing not allowed
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Real estate finance is included
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Business activity has to take place in Lebanon
With the Incentive Loan from LGB BANK you can upgrade your equipment, add a new product or open a new outlet without squeezing your current liquidity.
Loan's Characteristics
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Maximum repayment period: 10 years with customized loan payments
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Grace period up to 24 months (excluding the loan period)
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Guarantees will be studied on a case by case basis
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Applicable rate: 40% of 1 year Treasury bills + 3.3 %
Eligibility
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Beneficiaries: SME’s (SAL, SARL), cooperatives or natural persons
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Refinancing not allowed
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Real estate finance is included
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Business activity has to take place in Lebanon