Guaranteed loans with the support of the Pan-European Guarantee Fund (EGF)

Target Group	Small and medium-sized enterprises, as per the SME Act
Applicable state aid regime	Based on the thresholds and the conditions subject to Chapter 3.1 of the Temporary Framework for State Aid Measures to Support the Economy in the Current COVID-19 Outbreak
Purpose	Investment loans Working capital loans Overdrafts Revolving credit lines
Currency	BGN/Euro
Tenor	Investment loan: up to 120 months Working capital loan up to 36 months
Amount	The maximum amount of the loan at group of related parties level, is: For Borrowers operating in the sector of agriculture and primary agricultural production - up to EUR 142 800 For Borrowers operating in the sector of fisheries and aquaculture - up to EUR 171 000 For Borrowers operating in all other sectors - up to EUR 1 142 500
Fees	As per UBB Fees and Commissions’ Tariff for Business Clients
Collateral	No more than 50% of the value approved by the Bank
Guarantee coverage percentage	70%

Loan Application and Declaration of Relatedness (as per a sample format of the Bank)
Decision by the competent body for obtaining a loan and providing collateral for it
Balance Sheet, Profit and Loss Account and a Tax Return for the last year
Copies of the ID cards of the company’s representative - borrower/co-debtor/pledgors/mortgagors
Certificate of existence/lack of liabilities issued by the revenue office under Article 87, para.6 of the Tax Insurance Procedure Code
Declaration under the EGF Programme (as per a sample format of the Bank)

Useful documents

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