Union of Chambers and Commodity Exchanges of Turkey

New financial support is coming for the real sector. The TOBB Nefes Loan, established through the collaboration of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), the Credit Guarantee Fund (KGF), and banks to support SMEs, will enter a new phase effective June 8, 2026 (Monday). All businesses that are members of Chambers and Exchanges affiliated with TOBB will be eligible to apply for this loan, which aims to provide financing support to SMEs under favorable terms.

- Terms and Maturity

Businesses can apply for the TOBB Nefes Loan at branches of Akbank, Denizbank, QNB Bank, Ziraat Bank, Garanti Bank, Halkbank, Vakıfbank, Yapı ve Kredi Bank, and Ziraat Katılım Bank. A company may borrow up to 3 million TL. Loans will have a maximum term of 48 months, including a 6-month principal-free period. The loan will be provided at an annual interest rate of 36% for terms up to 24 months and 34% for terms exceeding 24 months. Under the new TOBB Breath Loan program, an initial tranche of 25 billion TL will be made available, with the aim of reaching a total loan volume of 100 billion Turkish Lira through additional limits to be announced this year.

Through coordination with economic authorities and close cooperation with banks, particularly the Central Bank of the Republic of Türkiye, the TOBB Breath Loan—implemented under the Credit Guarantee Fund’s Equity Guarantee Program—benefited 61,000 firms in 2025, reaching a total loan volume of 81 billion Turkish Lira.

- Access to financing

TOBB President Rifat Hisarcıklıoğlu, noting that the biggest challenge faced by SMEs is access to financing, said, “The most important problem I constantly emphasize is access to financing. In particular, the growth cap applied to SME loans makes it difficult to access credit. To support our SMEs during such a period, we have created a new source of funding. TOBB, the Credit Guarantee Fund, and the banks have joined forces. Our goal is to stand by our SMEs during these difficult times and keep the wheels turning. By 2025, 61,000 companies benefited the TOBB Breath Loan in three phases. The support we provided to SMEs reached 81 billion Turkish Liras. Under the Credit Guarantee Fund (KGF) Equity Guarantee Program, we aim to establish a total credit volume of 100 billion Turkish Liras for 2026. The first tranche of this new package, totaling 25 billion Turkish Liras and planned to be disbursed in installments, is now available to our members. “I would like to thank Treasury and Finance Minister Mehmet Şimsek, Central Bank of the Republic of Türkiye Governor Fatih Karahan, Credit Guarantee Fund Board Chairman Erdoğan Özegen, and all participating bank executives for their support and contributions. Ensuring that our SMEs have access to financing at the right time and at reasonable costs means more investment, production, employment, and exports - and ultimately, a stronger economy,” he said.

TOBB BREATH LOAN

WHO IS ELIGIBLE TO APPLY?

Businesses that are members of Chambers of Commerce and Industry or Commodity Exchanges affiliated with TOBB may apply for the TOBB Breath Loan.

WHEN DOES IT START?

Applications will begin on June 8, 2026.

LOAN LIMIT

A company may borrow up to 3 million Turkish Lira under the TOBB Breath Loan.

LOAN VOLUME

The total loan volume will be 100 billion Turkish Lira. In the first phase, 25 billion Turkish Lira will be made available to the business community.

REPAYMENT TERMS

Loans will have a maximum term of 48 months, including a 6-month principal-free period. The loan will be provided at an annual interest rate of 36% for terms up to 24 months and 34% for terms exceeding 24 months.

WHICH BANKS WILL OFFER THE LOAN?

Applications can be made at branches of:

• Akbank

• Denizbank

• QNB Bank

• Turkish Agricultural Bank

• Garanti Bank

• Halk Bank

• Vakıflar Bank

• Yapı ve Kredi Bank

• Ziraat Participation Bank.