You have a business that has proved successful and ideas for future development
You want better flexibility and more freedom?
You need disbursement without costs substantiation documents?
Loan purpose: To 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 up to every 12 months
Interest rate: LEONIA Plus / EURIBOR +allowance, depending on the loan risk
Repayment: with all transfers to a current account.
- Mortgage on real estate, insured in favor of the Bank.
- If the collateral is pledge of deposit, the loan amount should not exceed 95% of the deposit amount;
- If necessary, the Bank may require additional collateral or guarantors;
Fees and commissions: According to the Tariff for fees and commissions of BACB AD applicable to legal entities.