A combination of an investment loan to finance projects under EU programmes and a bridging loan to finance VAT
Benefits
Low own-contribution requirement
High financing percentage
Attractive interest rates, fees and commissions
Financing of up to 100% of the project value is available if additional security is provided
VAT financing is available
Financing for companies with no operating history
Long repayment term, depending on the type of investment
No early repayment fee when the loan is repaid early using the grant received
Repayment arrangements tailored to cash flows
Individual repayment schedule tailored to the nature of the business
Suitable for clients who are beneficiaries of grant programmes co-financed by European Union funds.
Financing is available to clients with approved projects under all EU programmes.
Loans for financing projects under European programmes are intended to make it easier for small and medium-sized enterprises to access finance, enabling them to improve their competitiveness in the market. Given their specific nature and positive effect on the Bulgarian economy, these loans are offered on particularly favourable terms.
A combination of an investment loan to finance projects under EU programmes and a bridging loan to finance VAT
High financing percentage – up to 100% if sufficient security is provided
Low own-contribution requirement – 10% of the project value
The investment loan is repaid through decreasing principal instalments under a flexible repayment schedule tailored to the nature of the business and the type of project
Costs payable to specialist firms for consultancy and the development of investment projects, including costs already incurred, may be financed
