In its Corporate and SMEs business, BML aims at building true partnerships with its customers, based on the following principles:
- Understanding customers’ business needs and requests
- Supporting them in their companies’ development
- Financing their projects
- Assisting them in identifying and optimizing new opportunities
- Accompanying them in their business expansion outside Lebanon when required, by mobilizing BML’s regional network.
BML’s team of professional Relationship Managers are always at the disposal of corporate customers to provide them with tailor-made financing solutions, as well as a full range of conventional banking services and products serving their business.
These include: working capital facilities, trade finance, project finance, a wide range of subsidized loans, discounted bills, treasury services, and other related services and products.
SERVICES
- Working Capital Facilities/Short–Term Facilities
Advances in current accounts (overdraft), ensuring liquidity to finance the companies’ daily operations (receivables, payables and inventory), bills, bills for collection and bridge financing. - Trade Finance
In order to support the production cycle and trade, trade finance operations include import and export letters of credit, back-to-back letters of credit, collection, stand-by letters of credit, and documentary collection. - Project Finance
A sound financing of various business projects which are covered in return by the company’s cash flow. - Term Loans & Subsidized Loans
To finance long-term industrial, touristic, agricultural and IT projects, through subsidized loans and BDL incentive programs including Kafalat. - Guarantees
Provided to contractors:- Bid bonds
- Retention bonds
- Advanced payment bonds
- Performance bonds.
Small & Medium Enterprises are the backbone of a healthy economy. With a high capacity for innovation and flexibility, the SMEs sector holds the potential to create new business models, drive sustainable growth, generate a variety of employment opportunities, and facilitate an equitable distribution of income.
SMEs mainly include establishments or companies (officially registered or not), as well as self-employed individuals and professionals.
BML’s strategy is to recognize the impact of SMEs on the national economy, by boosting entrepreneurship and providing support to small businesses.
Our SME Banking deals with:
- Working capital needs
This covers short-term dues to be paid over less than a one-year period. It provides the business with sufficient cash flow to meet future working capital needs, such as financing the purchase of goods, raw materials, and salaries.
- Capital expenditure
In such cases, BML covers long-term dues extending farther than one year, financing the purchase of tangible assets such as machinery and equipment, or business premises.
We offer SMEs a diversified range of products to meet specific needs:
BML Business Loan: Flexible financing solutions with comfortable repayment periods, allowing for a healthy business expansion.
BML Premises Loan: A strong support for owning the business workplace and reaching towards higher business goals.
Subsidized Loan: Competitive interest rates, no commissions, and no file fees. The “BDL Subsidized Loan” allows professionals to finance new projects or to develop existing projects within the agriculture, industry, tourism, trade, services sectors and other.
Kafalat Loan: This is a support for business expansion in 5 different sectors: Industry, Agriculture, Tourism, Traditional Crafts and High Technology.