UBB offers loans under alleviated collateral conditions, thanks to the InvestEU guarantee instrument, provided with the support of the European Union in partnership with the European Investment Fund through the InvestEU programme.
Borrowers | Small and medium-sized enterprises, as per the SME Act or small medium-capitalization companies (with staff number up to 499 employees, which do not fall into the SME definition of the EIF) |
Purpose |
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Maximum amount | EUR 7 500 000 or its equivalence in Bulgarian leva |
Currency | BGN / EUR |
Guarantee coverage | 80% of the loan |
Guarantee fee | Covered by UBB, free-of-charge for the customer |
Repayment term |
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Collateral-related requirements | Not more than 42.5% of the loan amount as per a collateral value, accepted by UBB (excl. the InvestEU guarantee) |
Eligibility for lending | UBB will perform an assessment of the customer and of the purpose of funding in terms of eligibility |
Examples for Аdmissible investments | The Borrower or the loan should meet at least one of the Sustainability criteria under the programme, such in:
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UBB offers loans under alleviated collateral conditions, thanks to the InvestEU guarantee instrument, provided with the support of the European Union in partnership with the European Investment Fund through the InvestEU programme.
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