Part of the State's support of businesses, is to provide State-guaranteed loans. This means that every business is entitled to receive, under certain circumstances, a State-guaranteed loan which, to the extent the business is unable to repay the loan to the bank, will be repaid by the government. That is what is meant by "State-guaranteed".
This plan is designated to aid and assist businesses in foundations or businesses interested in expanding their services.
For each business, Alpha Beta constructs a business plan and a State-guaranteed loan request file, and submits it to the bank, and examines it with a professional eye in order to give the most to the business requesting or requiring it.
After receiving approval for the State-guaranteed loan, we examine a number of aspects and horizons, the rate of interest, repayment ability, period of the loan and repayments schedule. Only after examining all aspects and items do we recommend to our clients the highest quality, cheapest and best proposal.
As part of the economic vision and assistance to businesses in development and growth, the State of Israel makes available to those businesses the State-Guaranteed Loan Fund, which is a dominant and important factor in assisting businesses generally, and especially in times of crisis, such as during the Covid-19 period or in war-time.
Among other things, Alpha Beta specialises in submitting requests to the Fund, and handling all the conditions and demands of the Fund's professional personnel which, as aforesaid, extends its loans with the aim of increasing production capacity and economic prosperity in Israel.
Small and medium businesses are the dominant employers in the market, and help to increase competitiveness in the economy, due to their great number and their extensive geographic distribution, which could encourage employment all over the country, especially in places far from the business centers.
These businesses encounter many difficulties in obtaining credit to finance current operations, such as purchasing equipment and machinery, or executing marketing plans. Therefore, we act to aid and assist our clients all over the country to obtain the State-guaranteed loans that will enable them to continue to exist and develop in the best and most professional way.
The way to the loan:
- Preparing the request: our professional team prepares the request and the approvals required.
- Examining the request: the request is examined prior to submission.
- Hearing on the request: we either accompany the client or represent him at the hearing.
- Approval of the loan: after the hearing and upon approval of the loan, the funds are remitted to the client.
Types of plans:
- Special plan - Iron Swords War
- General plan
- Business in foundation plan
- Investment in industry plan
- Short-term working capital plan
- Exporters plan
- Agricultural plan
- Registered Societies plan
- Green investments plan
In order to obtain a State-guaranteed loan, a financial, economic and strategic business plan must be prepared, and that is exactly one of the services we provide to our clients.
Requests for a State-guaranteed loan require a great deal of preparation, reports and plans, and we provide the required services for our clients.
