Investment Loan under an Operational Programme

Borrower
SME, meeting the criteria of the specific measure in the Operational programme
Purpose
Long- term loan, covering up to 100% of the total admissible expenses for the project, applying under the respective measure
Currency
BGN or EUR
Interest
Negotiable. Depending on the degree of risk and the own funds of the client, the Bank will provide from 5 to 10 % discount of its effective interest rates.
Amount
Minimum loan amount – BGN 5 000.
Involvement of the Bank in the project - up to 100%
Drawdown
In tranches, according to the project implementation deadlines
Loan period
Maximum period - 10 years
Grace period
Negotiable
Repayment
Negotiable
The received gratuitous aid will be used for loan repayment
Collateral
Pledge and/ or mortgage of long-term assets, including newly acquired ones, covering minimum 100% of the loan amount
Pledge of future receivables – the gratuitous aid under the program
Additional terms
In case of client’s participation with own funds and an explicit requirement of the financing programme for depositing own funds under the project in a special (Escrow) account, this account shall be opened with UBB AD.