The aim of the guarantee scheme is to facilitate access to finance for SMEs in Bulgaria.through a risk sharing facility.
Who can apply?
Micro, small and medium enterprises in accordance with the law for SME.
What loans are granted?
- Loans for investment projects
- Working capital needs of enterprises
- Bank guarantees for tenders, performance, payment, etc.;
What are the advantages of the program?
- The guarantee covers up to 50% of loans
- Lighter requirements for collateral.
- Lower interest rates on loans
Deadline for inclusion of securities in the portfolio: September 30, 2020
Fees and commissions:in accordance with the Bank rates.