Business · Trade · 5 hrs ago

İGE launches 12.5 billion lira guarantee package for exporters

İGE launches 12.5 billion lira guarantee package for exporters

İGE has launched a loan guarantee package for exporters in Turkey.

It is aimed at small and medium-sized businesses and larger firms that can qualify for credit but lack enough collateral to get financing.

The guarantees will cover cash loans in Turkish lira, US dollars and euros, as well as Turkish lira rediscount loans.

Loan terms can run for up to 24 months.

The package aims to make 12.5 billion lira in additional lending available.

The maximum loan is 30 million lira for small and medium-sized businesses and 50 million lira for other firms.

Exporters can apply until December 31, 2027.

What people are saying

With the package we have created from our own resources, we are offering a new support mechanism to companies that are creditworthy but struggle to access finance because of insufficient collateral.
Fatih Tuğrul TopaçİGE general managervia Dünya
With the package, which will provide guarantees for loan requests in lira, dollars and euros for terms of up to 24 months, we will give exporters access to an additional credit volume of 12.5 billion lira.
Fatih Tuğrul TopaçİGE general managervia Dünya

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