EIB Guarantee Programme, aimed at large corporate clients

Exchange rates

as of 11/12/2024 17:00:13

Cash payment

Non-cash payment

Selling rate

1.96100

1.96000

Buying rate

1.94800

1.94900

BNB fixing

1.95583

Cash payment

Non-cash payment

Selling rate

1.90300

1.90000

Buying rate

1.81900

1.82100

BNB fixing

1.86145

Cash payment

Non-cash payment

Selling rate

2.43900

2.43400

Buying rate

2.31400

2.31800

BNB fixing

2.37191

Cash payment

Non-cash payment

Selling rate

2.15000

2.14800

Buying rate

2.05600

2.05800

BNB fixing

2.10758

Advantages

Alleviated collateral requirements
Preferential interest terms
Large opportunities for funding
Flexible conditions – various repayment alternatives, tailored to your business needs
Loan repayment period – up to 120 months
Long-term experience of UBB in the work under European programmes

Parameters

Borrowers	Medium-capitalization (mid-cap) companies are businesses, which according to calculations as per the SME Act: have an average staff number ranging from 250 up to 3000 employees. have an average staff number up to 250 employees, however their annual turnover exceeds EUR 50M and their asset value is over EUR 43M.
Purpose	Working capital loans – overdrafts, revolving credit lines, working capital loans in installments Investment loans Bank Guarantees
Maximum amount	EUR 30 000 000 or its equivalence in Bulgarian leva (BGN)
Currency	EUR/BGN
Guarantee coverage	50% of the loan amount
Guarantee fee	The guarantee fee is payable by the client, as its amount depends on the client’s financial performance, as well as on the amount, type and tenor of the loan, for which the client has applied. The fee is calculated on half of the drawn down loan principal of every single loan on an annual basis.
Repayment term	Investment loans - up to 120 months Working capital loans – up to 48 months
Collateral-related requirements	Not more than 50% of the loan as per a value, accepted by UBB (excl. the EIB guarantee)
Eligibility for lending	UBB will perform an assessment of the client and of the purpose of funding in terms of eligibility

Required Documents

Decision by the company’s competent body for obtaining a loan and providing collateral for it
Balance Sheet, Income Statement and a Tax Return for the last year
Collateral ownership documents - copies of the ID cards of the company’s representative - borrower/co-debtor/pledgors/mortgagors
Certificate for availability /lack of arrears, issued by the Revenue Authority as per Art 87, Para 6 of the Tax Insurance Procedure Code
Declaration Statement of relatedness with other entities according to a sample format

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For companies with annual turnover up to 2 mln BGN

For companies with annual turnover above 1 mln BGN

For agri producters

For freelancers with annual turnover below 1 mln BGN

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