Professionals Loans
Details
Daam Loan

By: Fransabank - Lebanon

Description

Daam Loan is the best support program for your business ideas. Daam loan is subsidized by the Central Bank of Lebanon.

General Conditions

Loan Currency:
USD
Minimum Loan Amount:
USD 0
Maximum Loan Amount:
USD 30,000
Minimum Period:
60 months
Maximum Period:
84 months
Rate / Year:
7.00% (flat)
Profession:
Other
Grace Period:
between 6 months and two years

Expenses

File Fees:
free

Benefits

Free access to our internet banking - iBank, telephone banking - Call center and SMS alerts services

Cards

Free pre-approved "Business" credit card

Services

Online Banking:
Yes
Online Banking Fees:
free

Guarantees

Salary Transfer Required:
Maybe
Guarantor Required:
Maybe
Guarantees Required:
case by case basis

Life Insurance


Applicant Profile

Age:
18 years and above
Residence:
Resident, Non Resident
Profession:
 
Minimum Income:
USD 600
Minimum Years of work experience:
1 year
Other:
Daam Loan is provided to all self-employed clients whether an individual, an establishment or a company, operating in any of the following sectors:
Agriculture&Apiculture,Industry,Tourism,High technology,Handicrafts

Basic Required Documents

Personal documents required from client and/or partner (s) and /or guarantor,Documents proving legal status and income,Additional documents for Kafalat , Daam, Commercial Property Loan and Commercial In-Site Loan. Legal documents should be also provided if your company belongs to SAL,SARL,SCs,SNC and sole proprietorships and individuals.

More Information

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