TOBB Nefes Loan New Tranche Opens Applications on November 3
Small businesses can apply for up to 5 million lira under the expanded 50-billion-lira loan program starting Tuesday.
KEY POINTS
- Applications open on Tuesday, November 3, 2026
- Maximum loan per company is 5 million lira
- Loans have a 48-month term with a six-month grace period
- Interest rates are 36 percent for up to 24 months and 34 percent beyond
- 45 billion lira disbursed since June; 50 billion lira targeted in new tranche
Applications for a new tranche of the TOBB Nefes Loan program will open on Tuesday, November 3, 2026. The program is run by TOBB, the Credit Guarantee Fund, and partner banks to help small and medium-sized enterprises access financing.
Member businesses of chambers of commerce and industry affiliated with TOBB can apply through Denizbank, QNB Bank, Ziraat Bank, Garanti Bank, Halkbank, Vakifbank, Yapı Kredi Bank, and Ziraat Participation Bank.
“The demand we see clearly shows how much the real sector needs the Nefes Loan. We are now opening the new 50-billion-lira tranche and raising the company limit to 5 million lira.”
Each company can borrow a maximum of 5 million lira. Firms that already used the loan in earlier tranches can take additional credit to bring their total to 5 million lira.
The loans have a maximum term of 48 months, including a six-month principal grace period. Interest is 36 percent annually for terms up to 24 months and 34 percent annually for longer terms.
Since the program launched on June 8, 2026, 45 billion lira in loans has been disbursed. The new tranche aims to provide an additional 50 billion lira in financing.
TOBB Chairman Rifat Hisarcıklıoğlu said demand clearly shows the real sector's need for the loan. He thanked Treasury and Finance Minister Mehmet Şimşek, Central Bank Governor Fatih Karahan, Credit Guarantee Fund Board Chairman Erdoğan Özegen, and participating banks.
The program aims to cover businesses' working capital needs under suitable conditions through the Credit Guarantee Fund's Equity Guarantee Program.
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