NGF – RDP Guarantee Scheme

Investment and working capital loans under an agreement for the National Guarantee Fund to issue guarantees supplementing the security provided by enterprises approved for support under the RDP (2014-2020)
Investment and working capital loans under an agreement for the National Guarantee Fund to issue guarantees supplementing the security provided by enterprises approved for support under the RDP (2014-2020)

Benefits

  • Reduced security requirements
  • Easier access to finance
  • Risk-sharing mechanism

Scope

Guarantee cover - up to 50% of the amount of the loan included in the guaranteed portfolio. Maximum loan amount per borrower and related parties - up to EUR 3 000 000 with a 50% guarantee from the NGF

Features

Investment loans, working capital loans and bank guarantees under the Guarantee Scheme for enterprises approved for support under the RDP, as well as enterprises in the 'Livestock Farming' and 'Crop Farming' sectors.
Loans guaranteed under the scheme – for investment, working capital, bank guarantees, including advance payments, VAT payments and more.

Purpose

Farmers with approved projects under the RDP and enterprises in the 'Livestock Farming' and 'Crop Farming' sectors – micro, small and medium-sized enterprises within the meaning of the SME Act, registered in Bulgaria.