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Working Capital Financing for Agricultural Producers Within Joint UBB-BDB Programme
A joint programme of United Bulgarian Bank and the Bulgarian Development Bank for providing working capital financing to agricultural producers under preferential conditions.
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Borrowers
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Natural persons or legal entities, registered in the Register of Agricultural Producers with the Ministry of Agriculture and Foods
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Type of loan
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Working capital loan
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Currency
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BGN
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Interest
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Up to 7.5% p.a.
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Fees
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Processing fee and administration fee of 0.7% p.a.
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Amount
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Maximum exposure up to BGN 500 000 (per client and/or related parties)
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Loan period
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Up to 18 months
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Collateral
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Real property, transportation vehicles, goods, receivables, cash - 150% of the loan amount
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