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