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