National Guarantee Fund (NGF) – Sector Fisheries under Maritime and Fisheries Programme 2014-2020

Purpose of the programme: To accelerate investments in the Fisheries sector by increasing the access to credit for small and medium-sized enterprises.

Purpose of the Loan:

  • Loans for investment projects
  • Working capital needs of enterprises
  • Bank guarantees for tenders, performance, payment, etc.;

Benefits:

  • The guarantee covers up to 50% of loans
  • Lighter requirements for collateral.
  • Lower interest rates on loan

Guarantee limit:up to750 000 leva.

Deadline for inclusion of securities in the portfolio: December31, 2022

Currency :BGN/EUR

Fees and commissions:in accordance with the Bank rates.