KOSGEB, Emergency Support Loan for Flood Disaster Antalya

KOSGEB Emergency Support Loan for Antalya with Flood Disaster
KOSGEB, Emergency Support Loan for Flood Disaster Antalya

KOSGEB launched an Emergency Support Loan Program for Antalya, where the flood disaster took place. President Recep Tayyip Erdoğan announced the loan program. President Erdoğan, who held a press conference before his visit to Turkmenistan, said, “KOSGEB provided an interest-free emergency support loan of up to 250 thousand liras for each of our tradesmen who were harmed by the disaster. Our state will continue to stand by our disaster victims with all its relevant institutions and organizations.” said.

MOVE FROM KOSGEB

A move came from KOSGEB to support tradesmen and SMEs who had a hard time after the floods in Antalya, especially in Kumluca, Finike and Demre districts. In order to alleviate the burden of the businesses affected by the floods, the Emergency Support Loan was launched within the scope of the SME Financing Support Program.

36 MONTHS TERM

The Emergency Support Loan, which was initiated with the aim of returning the economic and social life to normal in the region, aims to enable businesses to access finance quickly. The program, which has a loan upper limit of 250 thousand TL, will have a term of 36 months.

ZERO INTEREST

Businesses that will benefit from the loan will not repay the first 12 months. In the next 24 months, the payments will be made in 3-month installments. The program will be implemented with zero interest, all of the interest will be covered by KOSGEB.

KGF WILL BE ACTIVE

The Credit Guarantee Fund will be active for businesses that have a shortage of collateral. Businesses whose status is documented by official authorities such as the governor's office and district governor's office will be able to benefit from the Emergency Support Loan.

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