Your business stood the test of time and you have ideas to develop it further?
You want greater flexibility and freedom?
You need disbursement without costs substantiation documents?

Loan purpose

Cover short term needs for working capital

Borrowers

Designed for legal entities, sole proprietors, freelancers and private agricultural producers.

Currency

BGN; EUR

Amount: 

Up to 20% of the total sales revenue for the previous fiscal year, but not more than 750 000 BGN

Minimum amout

30 000 BGN

Term: 

Up to 60 months, subject to reassessment every 12 months

Interest rate

LEONIA Plus  / EURIBOR + margin, depending on the loan risk

Repayment

With all transfers to a current account.

Collateral

  • Mortgage on property, insured in favor of BACB
  • •f 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