Business Banking

Business Mortgage Loan for SME

 

Using a “Business Mortgage Loan” allows the companies in the SME segment to acquire own offices, commercial areas and warehouse facilities in a quick and easy way and at competitive conditions.

 
Preliminary approval:
Only against an annual tax return. 

 

Borrowers
Legal entities, freelancers
Subject of financing
  • financing/refinancing the purchase of an office;
  • financing/refinancing the purchase of a commercial area;  
Amount
  • Min. BGN 50 000 (EUR 25 000)
  • The maximum loan amount is up to 70% of the property value but not more than BGN 500 000 (EUR 250 000)  
Type of loan
Long-term investment loan with equal monthly annuity installments
Currency
BGN, EUR
Interest
For loans in BGN:
  • Up to 10 years - 9.35%
  • Over 10 years - 10.55%
For loans in EUR:
  • Up to 10 years - 8.9 %
  • Over 10 years - 9.5%
Period
Up to 20 years (240 months)
 

 

Collateral:
 
  • Mortgage on the acquired property with a minimum cover equaling 140%;
  • Promissory note for the loan amount and the interest for 6 months, issued by the borrower and avalled by the partners in their capacity as natural persons.