Trade Minister Bolat announces: Upper limit for business loans increased
Trade Minister Ömer Bolat stated that the limits for financial support loans for tradespeople have been increased, saying, "We have raised the individual upper limit for general business loans from 650 thousand liras to 750 thousand liras."
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Trade Minister Ömer Bolat announced that the financial support loan provided by the Central Union of Turkish Tradesmen and Craftsmen Credit and Surety Cooperatives (TESKOMB) has been increased from 650 thousand liras to 750 thousand liras.
"NO REQUIREMENT TO CLOSE EXISTING LOANS"
Making a statement on his social media account, Bolat said the following:
"We have raised the individual upper limit for general business loans, which we provide to our tradespeople and artisans through Halkbank via our credit and surety cooperatives affiliated with our Ministry, from 650 thousand liras to 750 thousand liras.
Furthermore, there will be no requirement for our tradespeople and artisans to close their existing loans for new loan requests. We are pleased to have met these important demands of our business community. Best wishes to all our tradespeople and artisans."