Eligible loans

  •     New loans to existing clients at the participating partner bank who have currently no outstanding loan.
  •      New loans to new clients at the bank.
  •      New loans to current clients in arrears if the following conditions are met: (i) the “old” loan is rescheduled or restructured; and (ii) the cash flow of the project as a whole (old and new loan) enables business to repay. Only the new loan is eligible for the guarantee.

Bank borrowing requirements to be met including clearance form the Credit Information Bureau of the Palestine Monetary Authority (PMA).

Loan maturities are for more than one year and up to five years with a maximum amount of USD 100,000.00 or its equivalent. Loans under the guarantee programme are limited to once every two years.