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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

• Maximum repayment period:  Up to 7 years with customized loan payments
  
• Grace period up to 24 months (inclusive of the loan period)
• Guarantees will be studied on a case by case basis
• Applicable rate:
  
  • 3 months Libor rate + 7% for USD (Subsidized up to 4.5%)
    
  • 2 years Treasury bills + 1% for LBP (Subsidized up to 4.5%)

Eligibility

• Beneficiaries: SME’s (SAL, SARL), cooperatives or natural persons
• Refinancing not allowed
• Real estate finance is included
• Business activity has to take place in Lebanon