Product Description


This package is aimed at financing the operating expenses of enterprises based in Kahramanmaraş, Gaziantep, Şanlıurfa, Diyarbakır, Adana, Adıyaman, Malatya, Osmaniye, Hatay, Elazığ, and Kilis, as well as Gürün, Sivas, to mitigate the effects of the earthquakes that occurred on February 6, 2023.


Resource for Guarantee


Treasury Fund


Related Financial Institutions / Corporations


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


Product Maturity


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

Fee and Commission Rates


  • The KGF shall collect, in return for each guarantee it gives, a one-time commission corresponding to 0.1% of the respective guarantee amount from the beneficiaries through the lenders. In the event of debt restructuring, a commission amounting to 0.1% 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 0,25% of the loan amount from the beneficiaries.

Special Conditions


  • A maximum of 35% of the working capital loan allocated to a beneficiary can be paid in cash to be used for operating expenses.
  • The non-cash portion of the loan can be used for the payment of due checks.
  • Beneficiaries may also use this loan for the payment of loan installments disbursed by the same or another creditor due before December 31, 2023.