Joint programme of UBB and the National Guarantee Fund (NGF) for guaranteeing loans to small and medium-sized enterprises.
|Target group||Small and medium-sized enterprises within the meaning of the SME Act|
Working capital loans
Bank guarantees and Letter of credits
|Currency||BGN / EUR|
|Fees||As per UBB’s Fees and Commissions’ Tariff for Business Clients|
|Guarantee issuance fee||No fee for issuance of the NGF guarantee|
The maximum guarantee coverage is up to BGN 2 000 000 or the equivalent in EUR for the group of related parties
|Tenor||Up to 12 years|
Long-term tangible assets and/or current assets, as the assets, subject of the investment and the expected subsidy under the project are mandatory used as collateral
The NGF guarantee
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