National Guarantee Fund - Rural Development Programme guarantee scheme

Investment and working capital loans under the Agreement for the Issuance of Guarantees by the National Guarantee Fund to supplement the security provided by enterprises approved for support under the Rural Development Programme (2014-2020)
Investment and working capital loans under the Agreement for the Issuance of Guarantees by the National Guarantee Fund to supplement the security provided by enterprises approved for support under the Rural Development Programme (2014-2020)

Benefits

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

Application

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

Features

Investment loans, working capital loans and bank guarantees under the guarantee scheme for enterprises approved for support under the Rural Development Programme, as well as enterprises in the 'Livestock Farming' and 'Crop Production' sectors.
Loans guaranteed under the scheme - investment and working capital loans and bank guarantees, including for advance payments, VAT payments and other purposes.

Purpose

Farmers with approved projects under the Rural Development Programme and enterprises in the 'Livestock Farming' and 'Crop Production' sectors - micro, small and medium-sized enterprises as defined by the Small and Medium-sized Enterprises Act, registered in Bulgaria.