Let us immediately share with you that a new one was added to the regulations made specifically for tradesmen and SMEs in our country. With this last arrangement, the loan debts that tradesmen could not pay will be subject to restructuring. Thus, tradesmen will be breathed.
The statement on this matter was made directly by Bülent, the Minister of Customs and Trade, who was the authorized mouth. Now, let us convey the details about the description of Tradesman Loan Debt Configuration from the Minister for our valuable tradesmen and give the good news.
Tradesman Debt Structuring is Implemented
our tradesmen; The configuration system will be activated for those who have loan debts to cover their loan debts until July 31, 2017, and those who cannot pay this debt. Within the scope of this structuring process, a total of around 76 thousand trades are evaluated in this situation.
A very large date has been set for the application. The deadline for the application is September 29, 2017. Those who have not made any applications until this date will not be able to benefit from the 2017 tradesman loan structuring process.
When Will Tradesmen Credit Configuration Begin?
The configuration process is yet when a clear statement in bulunulmazk by Customs and Trade Minister Bulent TÜFENKÇİ how to start, we examine the description of the details, completed in close when necessary regulatory Turkey discussed the Grand National Assembly of the General Assembly, after the Official Gazette, we ‘re söyleyebill published force would enter. We estimate that this process will not take too long.
What are the Conditions of Structuring in Tradesmen Loans
When we look at the details of the explanations of the Minister of Customs and Trade, Bülent Tüfenkçi; We also see that it gives information on some issues at the point of functioning on structuring.
A few different alternatives will be offered to tradesmen on the structuring of unpaid credit debts. Accordingly, those who wish can repay the loans they could not pay with an interest rate of 8 percent in 12 months. In addition, if they want to increase the term to 24 months; the interest rate will rise to 12 percent.
Where to Apply
These loan structuring demands of the shopkeepers will be made to the banks and related professional chambers. In addition to the shopkeepers, the surety guarantors will be given the chance to structure these loans. As we mentioned at the beginning of our article; debts to be covered under this scope include debts before July 31, 2017.
In addition, since a similar application was made in 2016, those who benefit from the configuration in 2016 and continue their payments without any problems in payment will not be able to benefit from the 2017 tradesman loan debt configuration process. If you have benefited from the tradesman loan configuration for 2016 and you are unable to pay these debts, you can apply for the tradesman loan configuration, which will be announced in 2017.
Ease of Interest for Payers at Once
Within the scope of the shopkeepers loan configuration, if you have the ability to pay your entire debt at once; Let’s also say that you will be exempted from interest and that you will only pay the part about the principal. Thus, zero interest advantage will be utilized.
The First Installment Will Be Taken In Advance
Along with the configuration application, the first installment payment will be taken in advance. According to the maturity period you choose, your bank will determine the monthly payments by making the necessary calculations, and your first-month payment will be collected in advance. Your payments will also need to continue on a regular basis.
In general, let us remind you once again that there is no clear regulation on this issue or any communiqué published in the Official Gazette, studies are ongoing but the end is approached. A festive gift may come to the shopkeepers by the government officials, possibly before the feast. Let’s have already given the good news. You can also take a look at this article to learn about Halkbank’s loan opportunities for tradesmen.
You can also find more detailed information about tradesmen loans on our site.
labels 1 year term 2 year term debt restructuring Bülent Tüfenkçi tradesman credit debt restructuring the Ministry of Customs and Trade