If you wish to buy, expand or refurbish your office or place of work, Maktabi loan from BLOM is your solution.
What do I have to know about BLOM Business Loan ?
- Currency: USD only
- Purpose of the Loan: buying, expanding or revamping a new office, convenience store, warehouse, etc..
- Maximum Loan Period: 20 years
- Down Payment: 15% of the purchase price
- The interest Rate applied: cost of funds+4% (currently 6.89%)- Variable rate.
- Minimum Loan Amount: USD 15,000
- Maximum Loan Amount: Unlimited
- Approval: You can get a preliminary approval within 48 hours from the application date
What are the conditions and guarantees required
- Monthly payment must not exceed 40% of the monthly income
- A fire and natural disaster insurance policy and a life insurance policy covering the outstanding loan amount
- 1st degree mortgage of the real estate
How can I apply for Maktabi?
- Pass by any of our branches and get assistance from our customer service officers
- Apply through our internet banking service: eBLOM.
- For more information, contact BLOM Bank Call Center on 961-1-753000
* BLOM Bank sal reserves the right to accept or reject any application