Through an agreement with the Bulgarian Development Bank, we support small and medium-sized enterprises by providing access to a source of finance on preferential terms
Through an agreement with the Bulgarian Development Bank, we support small and medium-sized enterprises by providing access to a source of finance on preferential terms
Benefits
Attractive interest rates
No management fee
No annual loan account servicing fee
Reduced security requirements
Transparent pricing
Financing for projects under operational programmes
Purchase, renovation and construction of business and industrial premises
Purchase of machinery, equipment and vehicles
Financing of current expenses
Purchase of raw materials, supplies and other current assets
New investment loans and new working capital loans
The loan amount depends on the applicant's ability to repay, the transaction structure and the security offered
Drawdown of the agreed amount for the stated purpose in one amount or in instalments
Repayment according to an agreed schedule and terms
Option to draw down loan funds in cash or by bank transfer
For a term of up to 120 months, depending on the security offered, the transaction structure and the client profile
When refinancing liabilities to other banks, fees and commissions associated with early repayment of the refinanced exposure may also be financed
No business plan required
Any security acceptable to the Bank
The programme is designed to provide finance on preferential terms to micro, small and medium-sized enterprises under the country's SME Act, supporting economic development, job creation and investment in areas of high unemployment
