Choose segment

For companies with annual turnover up to 1 mln BGN

For companies with annual turnover above 1 mln BGN

For agri producters

Number of employees:

Region:

-------------------------Selected:

Activity sector:

KBC logo
arrow
contacts icon contacts icon

Contact us

Contact us

phone icon
0700 117 17

Domestic line

mobile icon
*7171

Short number for mobile users

international phone icon
+3592 483 1717

International line

mail icon
Send Inquiry

Send your inquiry via our contact form

locations widget icon locations widget icon

Offices and ATMs

Offices and ATMs

Choose the most convenient office or ATM for you

Online/Mobile Online/Mobile

Online/Mobile

Online/Mobile

tariffs widget icon tariffs widget icon

Fees and terms

rates widget icon rates widget icon

Exchange rates

Exchange rates

as of 21/10/2020 10:54:25

Cash payment
Non-cash payment
Selling rate
1.96000
1.95900
Buying rate
1.94850
1.95000
BNB fixing
1.95583
Cash payment
Non-cash payment
Selling rate
1.68420
1.67920
Buying rate
1.61480
1.61980
BNB fixing
1.65608
Cash payment
Non-cash payment
Selling rate
2.17760
2.17260
Buying rate
2.10250
2.10750
BNB fixing
2.14152
Cash payment
Non-cash payment
Selling rate
1.85710
1.85210
Buying rate
1.78420
1.78920
BNB fixing
1.82379
БГ
COSME and COSME-COVID business loans for micro companies

COSME and COSME-COVID business loans for micro companies

UBB offers loans under alleviated collateral conditions thanks to the COSME guarantee instrument - European Programme for Competitiveness of Small and Medium-sized Enterprises, managed by the European Investment Fund with the financial support of the European Commission.

Advantages

  • Free-of-charge COSME guarantee
  • Alleviated collateral requirements
  • Preferential interest rates
  • Larger opportunities for financing
  • Newly approved loans, signed in the period between 06.04.2020. and 31.12.2020
  • Long-term experience of UBB in handling EU programmes

Parameters

Borrowers Micro, small and medium-sized enterprises, as per the SME Act
Aim

COSME

 

Working capital loans – term loans, overdrafts

 

Investment loans

 

Bank Guarantees

 

COSME-COVID

 

Working capital loans – term loans, overdrafts

 

Bank Guarantees

Maximum amount

COSME

 

BGN 300 000 for working capital loans

 

BGN 300 000 for investment loans, for purchase of machines, equipment, transport vehicles

 

BGN 500 000 for investment loans, for real estate purchase and/or repair

 

COSME-COVID

 

BGN 293 000 for working capital loans

Currency BGN
Guarantee coverage

COSME

50% of the loan amount

 

COSME-COVID

80% of the loan amount

Guarantee fee No fee
Inadmissible loans

Refinancing of present loans

 

Financing of European projects

Repayment period

COSME

 

Working capital loans - from 12 up to 60 months*

 

Investment loans for purchase of machines, equipment, transport vehicles – from 12 up to 60 months

 

Investment loans for real estate purchase and/or repair – from 12 up to 180 months

 

COSME-COVID

 

Working capital loans - from 12 up to 60 months*

* with the possibility of extension up to 120 months for loans with a fixed repayment plan and up to 108 months for revolving loans

Collateral-related requirements

COSME

Not more than 70% of the loan at the collateral’s discounted value (without COSME guarantee)

 

COSME-COVID

No limit

 

This guarantee has been provided by COSME and the European fund for Strategic Investments (EFSI), established by virtue of the Investment Plan for Europe. The aim of EFSI is to support the financing and the applying of productive investments in the European Union, as well as to ensure the growth of access to financing. The Programme is in support of small and medium-sized enterprises with staff number up to 250 employees.

Required Documents

  • Loan Application and Declaration of Relatedness with other entities as per a sample format of the Bank
  • Balance Sheet, Income Statement and a Tax Return of the applicant for the last 2 years
  • Balance Sheet, Income Statement, report on the average staff number for the last year of the related parties as per the SME Act
  • Copies of the ID cards of the company’s representative - borrower/co-debtor/pledgors/mortgagors;
  • Decision of competent authority of the borrower, company co-borrower / collateral owner to conclude the loan agreement
  • Document, ascertaining the collaterals’ ownership

Send Request

Apply online now and get feedback from an UBB expert.

Send Request

Book a Video Meeting

If you would like a consultancy with our expert regarding information on financial products or services, please follow the link below.