InnovFin and InnovFin COVID business loans are preferential financing for innovative micro, small, medium-sized and big companies through a guarantee scheme.
|Micro, small, medium-sized and big enterprises|
|Amount||Minimum EUR 25 000, maximum EUR 7 500 000 (or their equivalence in Bulgarian leva)|
|Currency||BGN / EUR|
|Guarantee coverage|| |
50% of the loan amount
80% of the the loan amount (till 31 March 2021)
|Guarantee fee||No fee|
For companies, developing innovative products and services and/or carrying out scientific research activities.
- Working capital loans – overdrafts or revolving credit lines
- Investment loans
|Inadmissible loans|| |
Refinancing of present loans
Financing of European projects
|Repayment period|| |
For investment loans: minimum 12 months, maximum - 120 months
For working capital loans: minimum 12 months, maximum 72 months
|Collateral-related requirements||All collateral that is acceptable to the Bank|
The loans under the programme are being provided with the support of the InnovFin Guarantee Instrument for Small and Medium-sized Enterprises with the financial support of the European Union, based on Financial Intruments under Horizon 2020 and the European fund for Strategic Investments (EFSI), established by virtue of the Investment Plan for Europe.
UBB issues and advises bank guarantees in local and foreign currency for secure good performance and mitigate risks. A bank guarantee is being issued upon your instruction and is an unconditional and irrevocable commitment on the part of UBB.
With the business credit cards MasterCard Business and MasterCard Business World from UBB, you have reliable and convenient access to funds.