Product Description


 It is aimed to facilitate the access to finance of all SMEs and non-SMEs operating in the following sectors: machinery manufacturing, electrical-electronics, manufacturing of electronic components and circuit boards, manufacturing of electric motor-generators and equipment, manufacturing of wires and cables used in cabling, pharmaceutical and medical companies, automotive supply industry, manufacturing of chemical, glass and soil industries (investments only for green transformations) and rail freight transportation (investments into electric locomotives).


Resource for Guarantee


Treasury Fund


Related Financial Institutions / Corporations


Albaraka Türk Katılım Bankası, Denizbank, Garanti Bankası, Halkbank, İş Bankası, Kuveyt Türk Katılım Bankası, QNB Finansbank, Kalkınma Yatırım Bankası,Türkiye Finans Katılım Bankası, Vakıfbank, Vakıf Katılım Bankası, Yapı Kredi Bankası, Ziraat Bankası, Ziraat Katılım


Product Maturity


Investment Loan -Maximum 120 months maturity (including the grace period)-Maximum 24 months grace period

Working Capital Loan - -Maximum 48 months maturity (including the grace period)-Maximum 12 months grace period


Guarantee Cap Rate and Guarantee Rates



Loan Products Available

  1. Business Credit Cards
    1. New Credit Card allocation
    2. Working capital loans that are to be disbursed to create a positive balance after making payments (including the following months) to a new Credit Card or existing Credit Cards that have no risk balance (Installment Loan, Spot Loan, Usury, etc.).
  2. Connected to a Debit/Bank Card;
    1. Overdraft Account (even if the beneficiary already has an account, a new overdraft account specific to this program must be opened)
    2. Installment Loan, Spot Loan, Usury, etc
  3. Working Capital Loan / Usury (*)
    1. Installment Loan
    2. Spot Loan
    3. Revolving Loan
    4. Cashless Overdraft Account products
    5. Other approaches suitable for Participation Banking
  4. Investment Loan (**)

    1. Installment Loan
    2. Other approaches suitable for Participation Banking including Finance Lease

* Participation Banks may disburse loans through appropriate methods for participation banking, regardless of Debit/Business Card.

** Within the scope of this support package, beneficiaries using investment loans can use a business loan, provided that they are from the same lender, in addition to the investment loan, not exceeding 25% of the investment loan they use


Fee and Commission Rates


  • The KGF shall collect, in return for each guarantee it gives, a one-time commission corresponding to 0.5% of the respective guarantee amount from the beneficiaries through the lenders. In the event of debt restructuring, a commission amounting to 0.5% of the balance amount of the guarantee shall be collected in advance from the beneficiaries through creditors.
  • In retun for each loan disbursed, creditors may collect a commission amounting to a maximum of 1% of the loan amount from the beneficiaries.

Special Conditions


  • Beneficiaries are required to commit to not reducing the number of employees for a period of two years from the date of loan disbursement
  • The amount of an investment loan cannot exceed 70% of the total investment planned or committed to by the enterprise. If the beneficiary has an Investment Incentive Certificate (IIC), the amount of the investment loan cannot exceed 70% of the total investment indicated on the IIC.
  • Beneficiaries may receive, for use as operating expenses, a cash amount of not more than 10% of the working capital loan allocated to them.
  • Credit cards will be restricted for cash advances.
  • Invoices related to loans to be used under this Package shall be checked through the Invoice Register System, except for: loans to be used for the payment of salaries, taxes, SSI premiums, rental fees, electronic product bills (ELUS), producer receipts, and invoices other than e-Invoice and e-Archive invoices; the cash portion of loans; loans to be made available through card payment systems; and loans disbursed to beneficiaries who have a certifying letter from the Defense Industries Agency (SSB) stating that the respective company is operating in the defense sector.
  • Invoices related totreasury-backed guarantees shall be checked through the “Invoice Register System” created for Treasury-backed guarantees based on the invoice register systems of the Financial Institutions Association and the Participation Banks Association of Türkiye.