50 Million TL Loan Support for SMEs and Large Enterprises: Financing Costs to Drop by 33%

New Financing Package for the Manufacturing Industry The details of a new support package for industrialists were announced during the "Manufacturing Industry Financing and Employment Protection Program Signing Ceremony," attended by Minister of Industry and Technology Mehmet Fatih Kacır and Minister of Labor and Social Security Vedat Işıkhan.
Speaking at the ceremony held at the KOSGEB Conference Hall, Minister Kacır stated that the program aims to increase the financial resilience of both SMEs and large-scale companies.
Financing Terms and Loan Limits Under the new program, businesses can access loans of up to 50 million TL, proportional to their monthly employment costs.
This financing support will be offered with maturity options of up to 36 months, including a 6-month grace period for principal payments.
Minister Kacır noted that this arrangement will reduce financing costs by up to 33% compared to current market conditions.
Growth and Production Data in the Turkish Economy Highlighting that the Turkish economy has grown uninterrupted for 21 quarters and that national income has surpassed the $1.5 trillion threshold, Kacır stated that the value-added in the manufacturing industry has risen from $41 billion to $241 billion.
Pointing to the increase in the industrial production index, the Minister noted that Turkey has positively distinguished itself globally by increasing its industrial production by 31.5% compared to the pre-pandemic period.
Investment Incentives and Future Goals Referring to 2025 data, Minister Kacır said that incentive certificates were issued for 7,354 investments, paving the way for 1.502 trillion TL in investments and 157,000 new jobs.
He added that the government will continue to support industrialists through initiatives like the HIT-30 Program, which supports technology-oriented investments, and KOSGEB's Capacity Development Support Program.
Kacır concluded by stating that the economic program will further alleviate financing costs in the medium and long term.