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Weaving facilities with extensive financial expertise

1- Eligibility criteria
The program is addressed to local Lebanese entrepreneurs and contractors, international groups involved in the national reconstruction effort directly or through local joint ventures, real estate promoters and developers as well as architects and engineering firms.
The interested party shall have a successful track record in executing various projects notably in Lebanon, with a dedicated and experienced management and engineering teams, a sound financial situation and a strong commitment from the principals.

Given the diversity of projects existing in the industry, each project financing will be analyzed on its own merit and inherent risks.

2- Products and Services offered
The banking services offered enable contractors and entrepreneurs to seek financing facilities to contract a project, including overdraft, bonding, L/C financing & progress payment facilities. Mobilization loans and medium term facilities for the acquisition of equipment are also available.

Real Estate promoters have access to tailor-made financing that suits the feasibility and specifications of the respective projects. Potential buyers may have access as well to housing loans & other retail services, as part of the global financial package arranged for the project.

Byblos Bank clients will benefit from advisory services provided by a team of specialists in the Contracting & Real Estate sector, in order to optimize the financial structure and maximize the efficiency of the project. Financial advisory services are also offered to cater for the restructuring or expansion plans of corporate customer.

Added value comes from the bank's flexibility in adapting to all material changes occurring to the project, and its efficiency in addressing promptly the needs of the corporate customers.

3- Project Monitoring
Byblos Bank will monitor the project on an on-going basis, in consultation with the project manager and the client. Independent engineering firms will conduct a regular review of the work in progress.

The company will be encouraged to establish, maintain and upgrade accounting systems and to produce regular financial information. Revised cash-flows will be provided monthly according to the work in progress.