Preliminary study prepared by the client detailing 3 scenarios

• The forecasted cash flows over the total period of the loan
• Pro forma invoice of the items to be purchased with the loan
• Schedule of withdrawals

Personal documents required from the borrower

• Copy of ID or passport, or extract of civil status
• Signed list of properties owned by client and/or guarantor
• Copy(ies) of title deed(s) of the property(ies)
• Proof of residence for personal addresses of shareholders

Documents related to the project

• License to operate in Beirut. For other regions, municipality certificate is sufficient
• Investment permit for industrial companies and/or tourism permit
• Certified rental contract and/or document proving place of work (most recent) or real estate ownership if the location is owned by the client (title deed, etc.)
• Feasibility study is mandatory for all types of Kafalat loans and must be prepared by an expert in the borrower’s field of business

Financial documents

• Declaration of income and financial statements for the past 2 years, dated and signed by the client
• Bank statement of accounts for the past 6 months
• Invoices, contracts, daily register, or any other document proving income
• Detailed list of clients with their due balances, dated and signed by the borrower
• Discharge receipt from the municipality 

Legal documents

• Statement of the company’s public or private register of commerce (preferably both)
• Copy of company bylaws
• Recent certified Commercial Circular

Kafalat Plus additional documents

• Market Study
• Appraisals of properties covering at least 100% of the loan amount
• Audited financial and fiscal statements, including related notes

Available only in LBP

Client must commit to minimum contribution of 20% of project costs for existing companies, and 30% for new businesses.
Life insurance that could be contracted through ADIR Insurance, a member of the Byblos Bank Group, covering 110% of the loan amount if continuity is not secured
Fire insurance that could be contracted through ADIR Insurance, a member of the Byblos Bank Group, covering stock, machinery and premises (if deemed necessary)

No other guarantees are required – or allowed – under the Kafalat Plus program