Selected Funds for Small and Medium-Sized Businesses
Olim designed funds
| Fund name | Max. Loan | Max. Period | Interest* | Guarantee** | Contact |
|
Olim’s Fund |
NIS 100,000 |
6 years |
P+2% |
Guarantors |
02-6752728 |
|
N.Y. Fund for Olim |
NIS 200,000 |
6 years |
P+0.6% |
95% |
02-6202763 |
General funds
| Fund name | Max. Loan | Max. Period | Interest* | Guarantee** | Contact |
|
State Guarant. Fund |
NIS 500,000 |
5 years |
P+3.5% |
70% |
09-7776800 |
|
Korat - Industrial |
NIS 600,000 |
5 years |
P+1.4% |
50% |
1-700-509010 |
|
Korat - Businesses |
NIS 300,000 |
5 years |
P+1.8% |
50% |
1-700-509010 |
|
Korat – Microentrep. |
NIS 65,000 |
3 years |
P+2,2% |
60% |
1-700-509010 |
|
Free Loan Assoc. |
NIS 67,500 |
30 months |
0% Int. |
Guarantors |
02-5300777 |
|
Keren Shemesh |
NIS 90,000 |
5 years |
P+0% |
65% |
03-5613343 |
|
Small Business Fund |
NIS 50,000 |
4 years |
P+3.5% |
70% |
09-7776800 |
|
Natan Fund |
NIS 100,000 |
Unlimited |
0% Int. |
----- |
03-5750149 |
|
Steifman Fund |
NIS 20,000 |
2 years |
P+0.5% |
Guarantors |
02-6794242 |
Sectarian funds
| Fund name | Max. Loan | Max. Period | Interest* | Guarantee** | Contact |
|
Korat Micro- Women |
NIS 20,000 |
3 years |
P+1% |
75% -100% |
03-5106600 |
|
Korat Micro – Bedouin Women |
NIS 10,000 |
1 year |
0% Int. |
Guarantors |
08-9910674 |
|
Korat – Arab sector |
NIS 150,000 |
5 years |
P+2% |
50% |
09-9541378 |
|
Jewish-Arab Fund |
NIS 135,000 |
5 years |
P+2% |
Guarantors |
09-9719907 |
|
Haredim sector fund |
NIS 45,000 |
30 months |
0% Int. |
Guarantors |
02-6794242 |
Regional designed funds
| Fund name | Area | Max. Loan | Period | Interest* | Guarantee | Contact |
|
Northern & Southern |
Galilee & Negev |
NIS 2,000,000 |
5 years |
P+0.5% |
60% |
04-9990959 |
|
Sochnut- Korat Northern Fund |
Galilee |
NIS 350,000 |
5 years |
P+0.5% |
60% |
02-6202750 |
|
Hagalil Fund |
Galilee |
NIS 160,000 |
4 years |
0% Int. |
Guarantors |
052-2364423 |
|
Sochnut-Pittsburgh Fund |
Carmiel & Misgav area |
NIS 300,000 |
6 years |
P+0.6% |
50%-70% |
04-9088208 |
|
Haifa Boston Fund |
Haifa Bay |
NIS 100,000 |
3 years |
P+2% |
Guarantors |
04-8531439 |
|
Detroit Valley Fund |
Nazareth Ilit Mig. Haemek |
NIS 20,000 |
6 years |
P+0.6% |
70% |
04-9088208 |
|
Jerusalem Fund |
Jerusalem |
NIS 350,000 |
6 years |
P+0.6% |
70% |
02-6202763 |
|
Jerusalem Micro Fund |
Jerusalem |
NIS 45,000 |
30 months |
0% Int. |
Guarantors |
02-6202763 |
|
Orion Fund |
Jerusalem |
NIS 20,000 |
2 years |
P+0.5% |
40% |
02-6794242 |
|
Baltimore Ashkelon Fund |
Ashkelon |
NIS 40,000 |
3 years |
2% |
Guarantors |
08-6722333 |
|
Sochnut Ness Southern Fund |
Negev & Arava |
NIS 200,000 |
6 years |
P+0.6% |
70% |
08-6295688 |
|
Sochnut – Tips Fund |
K. Malachi & Ashkelon |
NIS 150,000 |
6 years |
P+0.6% |
70% |
08-6295688 |
|
State Guarant. Fund |
Sderot |
NIS 500,000 |
5 years |
P+3.5% |
85 % |
09-7418560 |
* Interest - Subject to possible changes, as well as all the figures, terms and conditions quoted on this page.
P= Prime rate
** Guarantee - ‘Guarantee’ relates to the guarantee that the fund gives to the bank to allow them to execute the loan. The guarantee finally provided by each fund is, in most cases, lower than the maximum percentage figure quoted in this table. The part of this guarantee that is not covered by the fund should be covered by the borrower’s personal guarantee and/or external guarantors.