EU programmes

BDB's Forward programme

Through an agreement with the Bulgarian Development Bank, we support small and medium enterprises by providing access to a source of preferential financing conditions

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  • Attractive interest rates
  • No management commission
  • No annual fee for servicing a credit account
  • Simplified collateral requirements
  • Transparent pricing

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  • Financing of projects under operational programs
  • Purchase, repair, construction of business and production premises
  • Purchase of machinery, equipment and vehicles
  • Financing of current expenses
  • Purchase of raw materials and other current assets

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  • New investment loans and new working capital loans
  • The amount of the loan is determined by the solvency of the borrower, the structure of the transaction and the collateral offered
  • Utilization of the agreed amount for the specified purpose once or in parts
  • Repayment under agreed repayment plan and conditions
  • Option for cash and non-cash absorption of loan funds
  • For up to 120 months depending on the collateral offered, the structure of the transaction and the customer profile
  • When refinancing liabilities to other banks, financing of fees and commissions related to the early repayment of the refinanced exposure is allowed
  • Without presenting a business plan
  • All collateral acceptable for the Bank

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  • he program is structured to finance micro, small and medium enterprises under the SME Act in the country on preferential terms, in order to support economic development, job creation and investment in areas of high unemployment