Product Description

To meet the extensive guarantee cap rate demands of the Banks by our institution and to ensure the continuity of support provided to SMEs, the KGF Support Loan 2 program will be created with a loan volume of 2.5 billion TL as a separate package to be allocated from the equity of our institution.

Targeted Guarantee Volume: 6 billion TL


Application Deadline: 31.05.2022

Cap rate : 7%

Source for Guarantee

KGF Equity

Related Financial Institutions / Corporations

Akbank, Albaraka Türk Katılım Bankası, Denizbank, Emlak Katılım, Garanti Bankası, Halkbank, İş Bankası, QNB Finansbank, Şekerbank, TEB, Vakıfbank, Vakıf Katılım Bankası, Yapı Kredi Bankası, Ziraat Bankası, Ziraat Katılım Bankası

Product Maturity

Maximum 48 months, including a maximum grace period of 12 months

Guarantee Cap Rate and Guarantee Rates

Loan Interest Rate for Beniciaries

Lenders can freely determine it as per loan policies.

Fee and Commission

• Based on the guarantee fees per transaction and for every new guarantee application or configuration/resetting maturity applications, the lender will deposit the application fee of 500 TL for up to 1 million TL, TL 1,000 TL for 1-2 Million TL, 1,000 TL for 1-2 Million TL and 1,500 TL for 2-3 million TL to the institution's account. If the beneficiary is not included in the portfolio for any reason and the configuration process is abandoned, the application fee charged will not be refunded.

Special Conditions

• The guarantee requests made under the program's scope will only be made in TL.

• No loans can be disbursed after 31.05.2022, which is the deadline for inclusion in the portfolio.

• Only new and additional loan disbursements will be made.

• Loans covered by this package cannot be used for the following:

• Foreign currency, gold and jewelry financing,
• Portfolio management companies and brokerages,
• In any investment instrument of any lender,

It can only be deposited as a term/current deposit in the bank from which the loan is taken until the expenditure is made.

If a violation of the abovementioned issues is identified, the guarantee is void for the unused portion of the loan.

• The institutional guarantee can be requested only for new and additional loan disbursements. The loans to be made available to the beneficiary will also not be used to cover the risks of the company and the group company. In the event of the violation of this article, such guarantees shall be void from the date of allocation of the guarantee. The lender pays the compensation for the guarantees within this scope directly to the institution upon the initial written notice of the institution, together with a 20% interest rate starting from the date of compensation without the need for a warning and court order.

• The institution reserves the right whether or not to include the loan in the portfolio after checking the loan worthiness of the lender who has applied via KOBIT. The lender can only apply for transactions that meet all criteria. The inclusion of the application in the portfolio does not imply confirmation of compliance with the criteria.

Product Description

The aim is to increase export volumes and increase the number of exporter companies by providing support to SMEs operating in exporter or foreign exchange earning sectors and SMEs that are not exporters at present but have export potential.

Source for Guarantee

Treasury Fund

Related Financial Institutions / Corporations

Akbank, Albaraka Türk Katılım Bankası, Denizbank, Garanti BBVA, Halk Bankası, ING Bank, İş Bankası, Kuveyt Türk Katılım Bankası, QNB Finansbank, Şekerbank, Türk Ekonomi Bankası, Emlak Katılım Bankası, Türkiye Finans Katılım Bankası, Türkiye İhracat Kredi Bankası, Vakıfbank, Vakıf Katılım Bankası, Yapı ve Kredi Bankası, Ziraat Bankası, Ziraat Katılım Bankası, Türkiye Kalkınma ve Yatırım Bankası

Product Maturity

Maximum 24 months (including the grace period)

Maximum 6 months grace period (12 months for rediscount credits)

Guarantee Cap Rate and Guarantee Rates

Loan Products Available

• Cash Commercial Loans

• Non-Cash Commercial Loans* (Letters of guarantee for rediscount loans addressed to Eximbank only)

Fee and Commission

• In exchange for the guarantees used, KGF collects, through lenders, 0.35% of the guarantee amount as a one-time upfront commission for each guarantee disbursement. In the case of configuration, 0.35% of the amount of the guarantee balance will be collected from beneficiaries as upfront commission through lenders.

• In exchange for the loan, the lender may collect from beneficiaries a maximum of 1% of the loan amount as a one-time upfront commission for each loan disbursement. If the loan's maturity is less than one year, the maximum rate is applied proportionally to the quarterly maturities.

Special Conditions

• Expenses of over 20,000 TL at a time will be documented by contract or invoice.

• A maximum of 10% of the guarantee amount for the business loan allocated to the beneficiary could be given as cash for use in business expenses.

• For those companies with export potential to be determined by KOSGEB to benefit from the guarantee, a commitment must be made to export within the specified period as per the "Communiqué on Taxes, Duties and Charges Exceptions for Export, Transit Trade, Sales and Deliveries considered as Exports and Foreign Exchange Earning Services and Activities".

• KOSGEB will identify the SMEs with export potential, and only the data to be shared by KOSGEB will be taken as the basis to identify these companies.

• Application Deadline: 31.12.2022

Product Description

The aim is to provide financing for SMEs and non-SMEs, especially those operating in the manufacturing industry and exporter enterprises planning to make investments for investment purposes and investment-related operating expenses.

Source for Guarantee

Treasury Fund

Related Financial Institutions / Corporations

Akbank, Albaraka Türk Katılım Bankası, Denizbank, Garanti BBVA, Halk Bankası, ING Bank, İş Bankası, Kuveyt Türk Katılım Bankası, QNB Finansbank, Şekerbank, Türk Ekonomi Bankası, Emlak Katılım Bankası, Türkiye Finans Katılım Bankası, Türkiye İhracat Kredi Bankası, Vakıfbank, Vakıf Katılım Bankası, Yapı ve Kredi Bankası, Ziraat Bankası, Ziraat Katılım Bankası, Türkiye Kalkınma ve Yatırım Bankası

Product Maturity

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

Working Capital Loan - -Maximum 36 months maturity (including the grace period)-Maximum 6 months grace period

Guarantee Cap Rate and Guarantee Rates

Turnover Based Maximum Limit Breakdown Table 

Loan Products Available

• Investment Loan: Meeting the investment expenditures of enterprises based on contract or invoice

• Working Capital Loan: Meeting the investment-related working capital needs of companies that use investment loans

Fee and Commission

• In exchange for the guarantees used, KGF collects, through lenders, 0.35% of the guarantee amount as a one-time upfront commission for each guarantee disbursement. In the case of configuration, 0.35% of the amount of the guarantee balance will be collected from beneficiaries as upfront commission through lenders.

• In exchange for the loan, the lender may collect from beneficiaries a maximum of 1% of the loan amount as upfront commission for each loan disbursement.

Special Conditions

Investment Loan:

• Expenditures related to investments over 50,000 TL at a time will be documented by contract or invoice.

• If made together with machinery investment, land and building investments can only be covered under guarantee, excluding the tourism sector.

Working Capital Loan:

• Expenses of over 20,000 TL at a time will be documented by contract or invoice.

• A maximum of 10% of the operating loan allocated to the beneficiary will be given in cash for use in operating expenditures.

• There will be no requirement to provide invoices for working capital loans through card payment systems.

• Application Deadline: 31.12.2023