Product Description

In order to cover excessive guarantee demands of banks and thus to ensure continuity of the support provided for SMEs, “KGF Destek Kredisi” program has been engineered with a volume of TRY 1,25 billion loans as a seperate Project.

Targeted Loan Amount : TRY 1,25 Billion

Targeted Guarantee Amount : TRY 1 Billion

Application period : till 31.12.2019

Cap rate : % 10


Resource For Guarantee

KGF A.Ş. Own Equity


Related Financial Institutions / Corporations

Akbank T.A.Ş, T.Garanti Bankası A.Ş., Türkiye İş Bankası A.Ş., Türk Ekonomi Bankası A.Ş.,  Vakıf Katılım Bankası A.Ş., T. Halk Bankası A.Ş.,  QNB Finansbank A.Ş., Türkiye Vakıflar Bankası T.A.O., Denizbank A.Ş., Şekerbank T.A.Ş., T.C. Ziraat Bankası A.Ş., Yapı ve Kredi Bankası A.Ş., Ziraat Katılım Bankası A.Ş.


Product Maturity

Min. 36, max. 60 months, including an optional 12 months of grace period.


Guarantee Limit

Maximum loan limit is TRY 500.000 and applications will be processed under PGS.

Each SME in the risk group will be able to benefit from the loan limit of TRY 500.000 on condition that not exceeding the upper limit of TRY 3 million equity guarantee.

SMEs which even have an outstanding risk balance of KGF equity backed guarantees are eligible to apply for loans up to TRY 500.000. Only the outstanding amount of the guarantees under PGS guarantee will be deducted from the beneficiary limits.


Maximum Guarantee Rate

% 80


Fee and Commission

Guarantee commission rate is 1.5%. (annually)


Application Conditions

Beneficiaries are required to be one of the individual proprietorships or legal entity businesses established in accordance with the laws of the Republic of Turkey.

Under this program, SMEs operating in the sectors listed in the annex of this sub-protocol are not elligible to benefit from this program.

Applications are conducted by program partner banks.