Loan for financing projects under EU programmes

Financing for projects under European programmes
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 with additional security
  • VAT financing available
  • Financing for companies with no trading history
  • A long repayment term according to the type of investment
  • No early repayment fee when the loan is repaid early using the grant received
  • Repayment schedules are aligned with cash flows
  • An individual repayment schedule tailored to the nature of the business
  • Suitable for customers who are beneficiaries of grant programmes co-financed by European Union funds.
  • Financing is available to customers with approved projects under any EU programme.
  • Loans for projects under European programmes aim to improve small and medium-sized enterprises' access to finance, enabling them to increase their competitiveness in the market. In view of their specific nature and positive effect on the Bulgarian economy, these loans are offered on exceptionally 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% subject to sufficient security
  • Low own-contribution requirement - 10% of the project value
  • The investment loan is repaid in 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 may be financed, including costs already incurred
  • The bridging loan is provided as a credit line
  • All forms of security acceptable to the Bank