AM I ELIGIBLE FOR THE ECO BUSINESS LOAN? -You must need the loan to either start new environmentally friendly projects or to develop already existing projects into environmentally friendly ones. -Your environmentally friendly projects must aim to preserve the environment or reduce negative environmental impacts in the following areas: -Green architecture projects and landscaping -Renewable energy -Ecotourism -Organic agriculture -Waste water treatment -Recycling etc.
WHAT DO I NEED TO KNOW ABOUT THE LOAN? -Currency: Lebanese Pounds or US Dollars -Loan Amount: unlimited depending on the project -Repayment Period: up to 10 years -Grace Period: up to 2 years -Self Contribution: starting 0% depending on the purpose of the loan -Interest Rate: low and competitive -Commissions and Fees: none
WHAT ARE THE GUARANTEES AND CONDITIONS REQUIRED FOR THE LOAN? Guarantees are required on a case by case basis.
WHAT IS THE NEXT STEP? You can apply for Eco Business Loan by visiting any of the BBAC branches, where the customer service representatives are ready to provide assistance, or request a meeting online.