VAT Credit Line

Exchange rates

as of 29/03/2023 17:00:09

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

1.84400

1.84100

Buying rate

1.76000

1.76200

BNB fixing

1.80311

Cash payment

Non-cash payment

Selling rate

2.28600

2.28100

Buying rate

2.16100

2.16500

BNB fixing

2.22284

Cash payment

Non-cash payment

Selling rate

2.00100

1.99900

Buying rate

1.90700

1.90900

BNB fixing

1.96113

Advantages

Supports the fulfillment of investment projects
Long tenor with flexible repayment scheme
Reduced collateral requirements upon using a guarantee instrument
Option for price discounts

Parameters

Loan purpose	VAT financing for an investment project's purposes
Currency	BGN
Minimum amount	BGN 10 000
Maximum amount	Up to 20% of the value of the investment project, financed by UBB, maximum amount BGN 100 000.
Tenor	12 months
Collateral	Pledge of receivables on the account, in which the VAT is to be refunded Guarantee under the COSME, EGF** Programme 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 EGF guarantee programme has been developed to support liquidity and facilitate access to working capital and investment financing of small and medium enterprises in response to the crisis caused by the COVID-19 pandemic. The Programme is being implemented by the European Investment Fund with the financial support ensured through the EGF founding contributions by the member-states. Other acceptable collateral
Interest rates	Variable annual interest rate, formed of UBB’s Reference Interest Rate and a fixed margin
Tariff	As per the Bank’s Tariff for Business Clients

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
Current financial statements
Balance Sheet, Income Statement, report on the average staff number for the last year of the related parties as per the SME Act (in case of COSME guarantee)
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

Print list

Useful documents

Fees and commissions tariff of United Bulgarian Bank applicable to business clients RIR for loans to business clients - calculation and values General terms of UBB AD on payment services for business clients

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.

Book a Video Meeting

Choose segment

For companies with annual turnover up to 1 mln BGN

For companies with annual turnover above 1 mln BGN

For agri producters

For freelancers with annual turnover below 1 mln BGN

Number of employees:

Region:

Activity sector:

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Advantages

Parameters

Required Documents

Send Request

Book a Video Meeting

Factoring

Property insurance

Investment loan

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

VAT Credit Line

Advantages

Parameters

Required Documents

Send Request

Book a Video Meeting

Factoring

Property insurance

Investment loan

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.