Investment loan for photovoltaic installations UBB

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

Investment for construction of a photovoltaic installation in view of reducing the expenses for electricity - up to 2 MW output capacity
Financing up to BGN 2 mln. or its equivalence in euro
Alleviated requirements for self-participation with own funds
Long repayment period – up to 120 months after expiry of the grace period
Flexible terms and conditions – various repayment options, tailored to your business
The energy produced in excess of the own consumption can be sold to the energy distribution companies

Parameters

Target group	SME and Corporate Clients Agricultural producers
Purpose	Loan for investments in construction of photovoltaic plants with up to 2 MW output capacity for own needs in view of reducing the expenses for electricity, on an own terrain or such, rented by a related party for the loan period.
Currency	BGN/EUR
Amount	up to BGN 2 mln. /or its equivalence in euro/
Tenor	up to 120 months after grace period expiry
Grace period	up to 9 months after launching the project
Collateral	The photovoltaic installation, subject of financing Pledge of receivables in accounts under the Financial Collateral Arrangements Act / Special Pledges Act Other acceptable collaterals: real estates; machines; transport vehicles; commodities; receivables; financial assets; capital subsidies under a programme; pledge of a going concern; financial instruments under a guarantee
Interest	Variable annual interest rate, formed of UBB’s Reference Interest Rate and a fixed margin
Fees	As per UBB Fees and Commissions’ Tariff for Business Clients

Required Documents

Loan Application and a Declaration of Relatedness with other entities as per a sample format of the Bank
Balance Sheet, Income Statement and a Tax Return of the Borrower for the last 2 years
Recent financial statements
Decision by the competent body for obtaining a loan and providing collateral for it
Collateral ownership documents
Copies of the ID cards of the company’s representative - borrower/co-debtor/pledgors/mortgagors
Permits for constructing the photovoltaic installation

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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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Fees and terms

Exchange rates

Investment loan for building photovoltaic installations

Advantages

Parameters

Required Documents

Send Request

Book a Video Meeting

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Investment loan for building photovoltaic installations

Advantages

Parameters

Required Documents

Send Request

Book a Video Meeting

UBB Video Banker - live video meeting for business clients

UBB Video Banker gives you the opportunity to make audio and video contact, share and discuss documents and screens, whether you use a smartphone, tablet, laptop or desktop computer.