Working Capital Loans
They are the loans funded by foreign financial institutions for the operational requirements of the companies with a maturity generally longer than one year. These loans are intermediated by a local bank and extended in Turkish Liras at once. If the weighted average maturity of the loans exceeds one year, they are exempted from tax.
These loans are provided by foreign export credit agencies (ECA) where the importer's country risk is insured, offer long-term buying opportunities to importers. If you import investment type of goods, you can benefit from the medium and long-term loan programs of the ECA of the relevant countries and with guarantee of our Bank.
Such credits and their countries are mainly as follows: Germany (Hermes), Italy (Sace), Austria (OekB), USA (US Exim), Canada (EDC), Belgium (OND) etc.
In addition to afore said, CCC of the US Ministry of Agriculture has an insurance program, called GSM 102 & 103 and others for financing of agricultural products.
Pre-Export Financing Loans
They are the loans provided by our Bank and/or international financial institutions in line with export and foreign currency generating activities, and extended by the guarantee of our Bank. The export preparation process of our clientele can be financed by this loans.
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