The credit volume in the second package of the TOBB Breath Credit, initiated to provide financial support to SMEs under favorable conditions, has been increased from 25 billion TL to 50 billion TL.
Applications for the Breath Credit, which was increased as a result of TOBB’s initiatives following intense demand from the business world, will start as of Wednesday, November 19.
In the credit to be provided in cooperation with TOBB, KGF and Banks, an interest rate of 33% will be applied for maturities up to 24 months, and 32% for maturities over 24 months. The credit will have a maximum maturity of 36 months with a 6-month principal grace period. A single company can utilize a maximum credit of 1.5 million TL.
Businesses can apply for the TOBB Breath Credit at branches of Halkbank, Vakıfbank, Ziraat Bankası, Denizbank, Garanti Bankası, Akbank, Yap Kredi and Ziraat Katılım. All Chamber-Exchange member businesses affiliated with TOBB can apply for the credit.
