Garanti BBVA Introduces Digital Applications for KGF- and İGE-Guaranteed Loans
Garanti BBVA has moved its KGF- and İGE-guaranteed loan processes to digital channels, allowing SMEs and other businesses to apply without visiting a branch, track their applications end-to-end, and monitor each stage of the evaluation in real time.
The new solution makes it easier for businesses to access financing by taking the loan processes guaranteed by the Credit Guarantee Fund (KGF) and Export Development Inc. (İGE) online. SMEs and larger businesses can now create loan applications through Garanti BBVA Mobile and Internet Banking, selecting the KGF or İGE guarantee scheme that suits them and submitting their request digitally. Thanks to integration with the Revenue Administration (GİB), balance sheet and income statement data are shared securely, significantly speeding up the evaluation process.
Garanti BBVA Executive Vice President Sibel Kaya said fast, easy access to financing is one of the most important factors in the sustainable growth of SMEs and businesses. “By moving KGF- and İGE-guaranteed loan applications to our digital channels, we are enabling our customers to apply easily from wherever they are and to track the process end-to-end,” she said, adding that the bank will continue to develop innovative solutions that support businesses and contribute to their growth.
Speed and transparency in the application process
Once an application is submitted, businesses can track its status in real time through digital screens across every stage—bank evaluation, branch processing, KGF/İGE checks, loan disbursement, and guarantee approval. Customers are also kept informed throughout via SMS, email, and mobile notifications.