• Target audience: new immigrants, who made their Alya less than 10 years ago.
• The fund's aim: credit for small enterprises, operating capital, development of the business – all to the purpose of strengthening the enterprises and increase of employment.
• Loan total: up to 100,000 NIS. Share capital in the investment program – 33% or 50% of the loan total amount.
• Interest: index + 2% a year.
• Period: max. 6 years
• Grace period: during the first year – only the interest is to be paid.
• Guarantees: for a sum of 70,000 NIS – 2 guarantors, above that sum – 3 guarantors.
• Special bonuses: after 83% of the loan have been deposited regularly, up to 5000 NIS will be recognized as a grant.
• Pre-condition: a non-limited bank account
• Cost: 250 NIS for the preparation of a Ministry of Immigration business plan.
• Operating bank: Bank Hapoalim   

The New York Fund
  

·         Target audience: New immigrants (under 10 years of residence in Israel), immigrants from Muslim countries of ex-Soviet Union and from the Arab States under 10 years of residence in Israel. New immigrants from Ethiopia – since the Moses Operation. Women in general and single mothers in particular.  

• The fund's aim: to assist new immigrants, especially from under-developed countries, from the one hand, and to women from the other.    
• Loan total: up to 200,000 nis. Share capital – at least 5% of the investment.
• Interest: index + 3.6% a year.
• Period: up to 6 years
• Grace period: max. 1 year
• Guarantees: at least one guarantor. The Jewish Agency provides up to 95% of the guarantee.
• Special requirements: the entrepreneur will have to deposit 5% of the loan. 
• Pre-condition: a non-limited bank account
• Cost: 200 NIS for the feasibility study and a GO/NO GO assessment; after a primary authorization has been granted -  1500 NIS for the preparation of the business plan.  
• Operating bank: Bank Otsar Ha-hayal

·         Target audience: married entrepreneurs – aged 22 through 65

                                     single entrepreneurs – aged 24 through 65   

·         The fund's aim: to assist and encourage entrepreneurs to open small businesses and become financially independent 

• Loan total: new immigrants under 10 years of residence in Israel – 45,000 NIS. Israelis and veteran immigrants – 67,500 NIS. Share capital – at least 5%
• Interest: no interest
• Period: up to 30 equal payments
• Grace period: max. 3 months
• Guarantees: 3-4 guarantors according to the fund's requirements
• Special requirements: 20 NIS for an analysis at the BDI banking system

                                            Negotiation fee – 15-300 NIS for the loan realization  

• Pre-condition: a non-limited bank account
• Cost: 200 NIS for the feasibility study and a GO/NO GO assessment; after a primary authorization has been granted – 1500 NIS for the preparation of the business plan.  

·         Target audience: business owners and entrepreneurs

·         The fund's aim: establishment and expansion of businesses. Loans for operating capital for potential and capable businesses which undergo flow difficulties, to help them survive and increase employment. 

·         Loan total: 20,000-60,000 NIS. Share capital – at least 5%

• Interest: Prime rate + 2.25%
• Period: up to 3 years
• Grace period: max. 3 months for new businesses only
• Guarantees: under 40,000 NIS – spouse's guarantee

                            40,000-60,000 NIS – spouse's guarantee + 1 additional guarantor        

• Special requirements: documents' preparation fee – 15% discount from the price list. Costs after the discount: under 30,000 – 240 NIS. Up to 60,000 – 405 NIS. 
• Pre-condition: a non-limited bank account, no bad checks  
• Cost: 300 NIS for the feasibility study and a GO/NO GO assessment; after a primary authorization has been granted – 1000 NIS for the preparation of the business plan.  
• Operating bank: Bank Otsar Ha-hayal

·         Target audience: business owners and entrepreneurs

·         The fund's aim: the fund assists entrepreneurs in their economic growth and in creation of new work places. Loans are granted for purposes of investing in the business and for operating capital

• Loan total: up to 500,000 NIS. Share capital – 20%
• Interest: Prime rate + 2.92%
• Period: up to 5 years
• Grace period: max. 3 months
• Guarantees: the state guarantees 70% of the loan and the entrepreneur must provide the remaining 30% 
• Special requirements: 250 NIS for the application assessment
• Pre-condition: a non-limited bank account
• Cost: There are three possibilities:

2)      You may submit your forms to Mati consultants for inspection before sending it, at the price of 350 NIS

3)      You may approach Mati for the entire process of the business plan preparation – 4,000 NIS

• Operating bank: Bank Otsar Ha-hayal

·         Target audience: entrepreneurs and business owners

·         The fund's aim: to assist entrepreneurs in their economical growth and creation of workplaces.  

• Loan total: 70,000 NIS – 200,000 NIS. Equity: at least 10%
• Interest: Prime rate +0.5% or Libor rate + 0%
• Period: up to 5 years
• Grace period: up to 3 months
• Guarantees: according to the fund's requirements. For a loan of 70,000 NIS or above – 2 guarantors at least are required.
• Special requirements: documents' preparation fee according to the banks' tariffs.
• Pre-condition: a non-limited bank account
• Cost: 300 NIS for the feasibility study and a GO/NO GO assessment; after a primary authorization has been granted – $700-$1000 to the fund's consultants for the preparation of the business plan on the condition that it is approved.  
• Operating bank: Bank Otsar Ha-hayal

·         Target audience: business owners

·         The fund's aim: to assist entrepreneurs in their economical growth and creation of workplaces.  

• Loan total: 300,000 NIS – 600,000 NIS. Equity at least 10%
• Interest: Prime rate + 1.95%
• Period: up to 5 years
• Grace period: up to 3 months
• Guarantees: material guarantees + 1 guarantor (could be waived according to the bank branch's manager's consideration).
• Special requirements: documents' preparation fee according to the banks' tariffs.
• Pre-condition: a non-limited bank account
• Cost: 300 NIS for the feasibility study and a GO/NO GO assessment; after a primary authorization has been granted – $700-$1000 to the fund's consultants for the preparation of the business plan on the condition that it is approved.  
• Operating bank: Bank Otsar Ha-hayal

·         Target audience: Promotion of overseas marketing for novice and operating exporters with a potential to sell a new product or market in the fields of industrial products, professional services, software, contracting works and movies.     

·         The fund's aim: the fund is for exporters or those preparing to export whose sales turnover does not exceed 10 million USD

• Loan total: A company whose sales turnover is up to $500,000 – loan up to $100,000. A company whose sales turnover is $500,000-$10,000,000 – loan up to $1 million or 20% of the sales, the lowest.
• Interest: the accepted interest in the banking system for loans of this kind according to the bank's consideration, subject to the credit committee.  
• Period: up to 5 years
• Grace period: up to 3 months
• Guarantees: the state guarantees for 70% of the guarantees and the business owner is required to present the remaining 30%.
• Special requirements: presenting the business plan, and upon its approval the exporter gets 50% of the approved loan. In 6 months the exporter must present an interim statement.
• Pre-condition: a non-limited bank account   
• Cost: You have three possibilities:

1)      Fill in a primary application form for the BDI Company 

2)      Approach the Ministry of Industry, Trade & Labor Internet Site and download the forms yourself, here:  http://www.tamas.gov.il

3)      Approach the Israel Export & International Cooperation Institute 

• Operating bank: Bank Otsar Ha-hayal