SME Banking

SME Facilities

Collaterals/Support Accepted to BCN

  • Cash collateral: 110% (of principal plus interest) if same currency, 120% if different currency, 120% USD vs. LBP deposit with a spread of 2% on same currency and prime rate on different currency
  • Personal guarantee
  • First-degree real estate mortgage
  • Proxy to mortgage
  • Life and PTD insurance on key manager
  • Fire and theft insurance
  • The Credit Committee has the right to ask for any other collateral as per the client’s credit profile

Documents Required

  • Copy of ID or passport, or extract of civil status
  • Proof of residence
  • List of real estate properties as per BCN’s template along with copies of title deeds and real estate certificates
  • Quittance letter from NSSF
  • Documents for liberal professions
  • Personal net worth statement as per BCN’s template
  • Bank statement of accounts for the past 12 months
  • Documents for guarantors same as borrower
  • A copy of ID
  • Extract of civil status of the guarantor(s) 
  • Documents proving the place of work (lease or investment contract, copy of title deed, etc.)
  • Financial statements for the past 3 years audited (presented to the Ministry of Finance)
  • Company’s commercial circular
  • Company’s bylaws
  • Commercial register certificate 
  • Extract of commercial register (recent)
  • Copy(ies) of minutes of most recent meeting(s) of General Assembly and Board of Directors (as and when applicable)
  • Licenses for business wherever applicable
  • CDR
  • The Credit Committee has the right to ask for other documents on a case by case basis


  • Business existing for at least 3 years
  • Legal status: Individual Establishment, Partnership, Limited Liability Company, or Limited Partnership 
  • Clean judicial record