Loan support for businesses affected by the flood with a maturity of 24 months and a grace period of 6 months

Minister of Industry and Technology Mehmet Fatih Kacır announced that Emergency Support was implemented for businesses affected by floods. Within the scope of the support, a loan of up to 1 million TL will be provided to small businesses and up to 500 thousand TL for micro businesses.

"We are implementing Emergency Support through KOSGEB in order for our SMEs affected by floods and overflow disasters in Istanbul and other cities to compensate for their economic losses and continue their activities. Within the scope of the support; 1 million TL loan to small businesses and up to 500 thousand TL loan to micro businesses. Zero financing cost (The entire loan interest/profit share is covered by KOSGEB.) 24 months maturity, 6 months grace period. Deadline for application: December 31, 2026. We continue to support our SMEs."

Source: TRT Haber Ekonomi RSS (Open Press / Translated Full Text)