The Economic & Social Fund for Development financed by the European Union and in collaboration with Credit Libanais provides credit to micro and small enterprises (existing and start-up businesses).

 Advantages

• Helps creating job opportunities as well as community Development
• Financing machinery & equipment, raw materials, business needs & spare parts, contracted works or working capital
• Financing a new or existing project

 Features

• Granted in LBP in different sectors (Agriculture, Industrial, Services, Trade) and throughout Lebanon
• Amount up to 30million LBP
• Loan period ranging between 1 and 5 years including a grace period that could reach 1 year
• Attractive interest rate

 Guarantees

• Personal Guarantee
• Negative Pledge
• Mortgage
• Insurance on machines and equipment in favor of the bank
• Life Insurance