Business Banking
Phone numbers
Investment Loans with EU Operative Programmes
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Borrower
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SMEs in accordance with the respective measure in the Operational Program
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Purpose
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Long-term loan covering up to 100% of the total admissible expenses under the project, subject to application under the respective measure
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Currency
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BGN or EUR
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Interest
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Negotiable. Depending on the risk level and the client’s self-participation. The Bank grants a 5 to 10 % discount from the rates in its effective interest rate policy.
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Amount
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Minimum loan amount – BGN 5 000.
Involvement of the Bank in the project – up to 100%
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Drawdown
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In tranches in accordance with the project’s implementation deadlines
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Loan period
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Maximum period of 10 years
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Grace period
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Negotiable
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Repayment
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Negotiable;
The disbursed gratuitous aid is utilized for repayment of the loan
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Collateral
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Pledge of and/or mortgage on fixed assets, including newly acquired ones, which cover a minimum of 100% of the loan amount.
Pledge of a future receivable – the gratuitous aid under the programme.
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Additional terms and conditions
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case of self-participation by the client and an explicit requirement under the financing program for an own-funds deposit under the project in an escrow account, the latter shall be opened with UBB
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