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Short-Term Export Credits
Pre-Export
Credit Program for Small and Medium-Scale Enterprises (SMEs)
This is a short-term credit facility (effective since April 2003)
extended both in TL and in foreign currency to only small and medium-scale enterprises. It aims to
provide financial support to SMEs in the preparatory stage of their exports. Credits are extended
directly by Türk Eximbank to only small and medium-scale enterprises for up to 100% FOB export
commitments for 360 days. Credit risk cannot exceed USD 100,000. The interest rates are lower
than the interest rates of Pre-Export Credits in
foreign currency or Turkish Liras, respectively. |