UBB JEREMIE LOANS

 

Loans, partially guaranteed by JEREMIE initiative under the Operational Programme "Development of the Competitiveness of the Bulgarian Economy 2007-2013"

For more information, please contact UBB’s branches

 

 

Potential borrowers *	Small, medium and micro enterprises established, registered and operating in Bulgaria
Type of the loan	Investment and working capital
Currency	EUR/BGN
Amount	Max. 1 875 000 euro (for enterprises in the road transport sector max. 937 500 euro)
Interest	Base Rate of UBB EUR/BGN + max. margin 1,7%
Fees**	Application fee -0,15% on the amount, min. 30 BGN max. 2000 BGN Commitment fee – 50% of the current applicable tariff  of UBB Administration fee – 50% of the current applicable tariff of UBB
Loan period	Max. 75 months, incl. the grace period
Grace period	Negotiable
Repayment	Negotiable
Collateral	All legal acceptable collaterals (real estate mortgage, newly acquired assets, etc.)
Guarantee fee	Not applicable

 

* Small, medium and micro enterprises are enterprises with annual turnover less than 97.5 million BGN and less than 250 employees. The enterprises should not be primarily active in the following sectors: primary production of agricultural products, fishery and aquaculture, coal sector, real estate operations, gambling, production of ammunition and weapons

The financing provided hereunder by the Joint European Resources for Micro to Medium Enterprises (JEREMIE) Initiative is implemented through the Operational Programme “Development of the competitiveness of the Bulgarian economy” 2007-2013, co-financed by the European Regional Development Fund and the state budget.

 

 

This publication has been produced with the assistance of Operational Programme „Development of the competitiveness of the Bulgarian economy” 2007-2013, co-financed by the European Union through the European Regional Development Fund. The contents of this publication are the sole responsibility of UBB and can in no way be taken to reflect the position of the European Union.