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Business Loans

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Business Working Capital

Boost your business

Finance your day-to-day business necessities with Byblos Bank’s wide variety of working capital business facilities, each tailored to suit your particular needs

  • Financing

    Up to 60% of working capital required

  • Repayment Period

    Flexible

  • OVERDRAFT Facility

    Up to USD 300,000

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Distinctive Features

  • Benefits

  • Discounted bills (with recourse) over 12 months to finance your customer receivables 
    Bills in guarantee covering at least 150% of the facility (maximum period of 1 year) 
    The opening of documentary letters of credit to finance your business’ purchases 
    All types of letters of guarantee Read More
    Discounted bills (with recourse) over 12 months to finance your customer receivables 
    Bills in guarantee covering at least 150% of the facility (maximum period of 1 year) 
    The opening of documentary letters of credit to finance your business’ purchases 
    All types of letters of guarantee
    An overdraft facility between USD 15,000 and USD 300,000
     
Eligibility
Existing business (at least 2 years)
You can apply for the loan regardless of your business’ legal status: Individual (not necessarily Trade Registered), Establishment, Partnership, Limited Liability Company, or Limited Partnership 
Even if you have no previous banking record, your application will be considered if you can provide reliable proof of income
 
Fees and Charges
Interest varies between 10% and 12% for LBP, and 11% and 13% for USD, depending on the presented guarantee(s)
2‰ quarterly commission applicable on highest debit balance
Filing fee of USD 150 for new facilities, USD 100 at renewal
 
Required Documents

Personal documents required from the client 

  • Copy of ID or passport, or extract of civil status
  • Proof of residence (copy of title deed, rental contract, mokhtar certificate, electricity bill, phone bill, or water bill)
  • List of properties signed by the client, plus cop(ies)y of title deed(s)
  • Real estate certificate. Only requested on plots subject to collateral (mortgage, negative pledge, or proxy to mortgage) and for loans granted on clean basis for plots covering at least 150% of the outstanding loan amount
  • Quittance letter proving settlement of client’s dues to municipality

 

Documents for liberal professions

  • Declaration of income for the past 2 years, as per Byblos Bank template
  • Bank statement of accounts for the past 12 months

 

Documents for guarantors or employees who have a side business

  • Copy of ID(s) or extract(s) of civil status of the guarantor(s) or employee(s)
  • Salary attestation as per Byblos Bank template

 

Documents for self-employed

  • Documents proving the place of work (lease or investment contract, copy of title deed, etc.)
  • Bank statement of accounts for the past 12 months
  • Financial statements for the past 2 years
  • Copy of company’s Commercial Circular
  • Copy of company’s bylaws
  • Copy of commercial register certificate 
  • Extract of commercial register 
  • Copy(ies) of minutes of most recent meeting(s) of General Assembly and Board of Directors (as and when applicable)
  • Investment permit for industrial companies and gas stations (Beirut only; for other regions, municipality certificate is sufficient 



NB: For overdraft facilities over USD 150,000, audited financials must be submitted

 
Conditions and Guarantees

Available in both LBP and USD

Appropriate guarantees are requested once application has been reviewed and may include one or more of the following:

  • First Degree Mortgage
  • Proxy to Mortgage
  • Negative Pledge
  • Personal Guarantee
  • Life Insurance
  • Fire Insurance

 

The Bank has the right to request additional guarantees in certain cases

 

This Product Goes Well With

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    • Monthly Limit

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    • Annual Fee

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    • Extra Security

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