You want to increase the competitiveness of your business?
You want to improve and enhance the quality of your products?
You want to increase production capacity while reducing production costs?
Loan purpose
For purchasing of machines and equipment
Own participation
min 25% of the investment, excluding VAT
Borrowers
Designed for legal entities, sole proprietors, freelancers and private agricultural producers
Currency
BGN; EUR
Amount:
- Minimum amount: 30 000 BGN (the equivalent in EUR)
- Maximum of 500 000 BGN (the equivalent in EUR)
Term
Up to 48 months
Grace period:
Up to 6 months
Interest rate:
3-month EURIBOR + margin, depending on the loan risk
Repayment
Monthly annuity instalments, decreasing principal instalments or individual repayment plan, consistent with actual cash flow of the borrower
Collateral
- Mortgage, pledge of the equipment that is being financed, insured in favor of BACB
- If the collateral is pledge of deposit, the loan amount should not exceed 95% (of the deposit amount )
- If necessary, BACB may require additional collateral or guarantors
Fees and commissions
According to BACB List of fees and commissions applicable to legal entities
