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
Business Fund
 

 

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.