Product Description

KGF shall provide guarantee for the credits to be made available to enterprises which operate based on a business idea and have been in service for at most 2 years.

Resource for Guarantee

Treasury Undersecretary Funds

Related Financial Institutions / Corporations

KGF shareholder banks, leasing companies of those banks and provided that operating under law no. 6361, other leasing companies & finance companies if they hold KGF share.

Product Maturity

For working capital loan maximum maturity is 5 years, grace period is 1 year.

For investment capital loan maximum maturity is 10 years, grace period is 3 years.

Interests on the grace period shall be collected at least once a year.

Guarantee Limit

Total guarantee limit per enterprise/ group TRY 12 million

Total guarantee limit per Large Scaled enterprises/ group: TRY 200 million

Maximum Guarantee Rate

90%

Fees and Commissions

The guarantee commission is collected based on the guarantee amount of KGF once in advance at a rate of 0,03 % .

Besides, for the applications before 18th of March,  the guarantee commission based on  the guarantee amount of KGF will continue to be charged on guarantee risk for every year in the consecutive years.

Application Conditions

The beneficiary is to be a real or legal entity enterprise with qualification of SME,
Woman Enterprise is to be real entity enterprise at age of less than 55, or legal entity enterprise belonging to the women of which 50% of total shares does not exceed the said age limit,
As of the application date of beneficiary is less than 2 years in accordance with the establishment date of its activity period,
The beneficiary graduated from elementary school at least.
Applications are conducted by means of banks through internet on the address of kefalet.kgf.com.tr