Whether you are looking to finance a new project or expand your existing project, the BDL Subsidized Loan is the right choice.
It provides financing mainly for Agriculture, Industry and Tourism sector. The total value of a subsidized loan granted to a single institution must not exceed LBP 15 billion, or its equivalent in USD or EUR.
- Starting LBP 50,000,000 (or its equivalent in USD and EUR)
- Not Exceeding LBP 15,000,000,000 (or its equivalent in USD and EUR)
- Economic Sector:
- Agriculture and handicrafts
- Information Technology equipment
- Design programs and specialized technology
- 5 - 7 years
- 15% max repayment of the principal during the first 2 years
- Grace Period: 0 - 2 years
- LBP: 2Y Treasury bills + 1.075% - subsidy rate 4.5% =>Actual Effective Rate = 2.4%p.a. (Sep. 2016)
- USD (or EUR): Libor 3M + 7.075%- subsidy rate 4.5% =>Actual Effective Rate = 3.4%p.a. (Sep. 2016)
- Interest to be reviewed quarterly