The state contributes a certain amount toward the interest expenses on TL or foreign currency loans used in incentive-certified investments, or toward the profit share on financing obtained from participation banks.
The financing burden is eased through state support for a portion of the interest expenses or profit share on TL or foreign currency loans used in incentive-certified investments.
Interest support of 3-7 points is provided for TL loans and 1-2 points for foreign currency loans used as investment credit. The duration and rate of support vary by region.
Interest support is largely applied to investments covered by the regional incentive system:
The investor obtains a loan from the bank and applies to the Ministry of Industry with an interest support request. After approval, the support amount is determined and paid.