Loans to micro enterprises, guaranteed by the NGF | UBB

Exchange rates

as of 30/01/2023 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

1.83700

1.83400

Buying rate

1.75300

1.75400

BNB fixing

1.79385

Cash payment

Non-cash payment

Selling rate

2.28500

2.28000

Buying rate

2.16000

2.16400

BNB fixing

2.22309

Cash payment

Non-cash payment

Selling rate

1.98700

1.98500

Buying rate

1.89300

1.89500

BNB fixing

1.94707

Advantages

Predictability - fast and easy access to financing
Flexibility - alleviated collateral requirements
Convenience - more beneficial credit terms

Parameters

Purpose	Financing of European projects: - Investment loans - VAT credit line - Bank guarantees
Currency	BGN
Maximum amount	BGN 300 000 as regards investment loans for purchase of machinery, equipment, transportation vehicles BGN 500 000 as regards investment loans for purchase and/or repair of real estates BGN 300 000 for bank guarantees BGN 100 000 for VAT credit line
Guarantee Coverage	50% of the loan amount
Guarantee Fee	No fee for guarantee issuance
Repayment term	Investment loans for purchase of machinery, equipment, transportation vehicles – from 12 up to 60 months Investment loans for purchase and/or repair of real estates - from 12 up to 180 months Loans for bank guarantees – from 12 up to 60 months VAT credit line - 12 months
Collateral-related requirements	Long-term tangible assets, subject of the investment, as well as the anticipated subsidy under the project Minimum 80% of the loan at market value for investment loans
Interest rates	Variable annual interest rate, formed of UBB’s Reference Interest Rate and a fixed margin
Fees	As per the Bank’s Tariff for Business Clients

Required Documents

Loan Application and a Declaration of Relatedness with other entities, as per a sample format of the Bank
Balance Sheet, Income Statement and a Tax Return of the Borrower 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 the competent body of the company – in the latter capacity as borrower, co-debtor and owner of the collateral, for conclusion of the Loan Agreement
Collateral ownership documents
Certificate for availability /lack of arrears, issued by the revenue authority as per Art 87, Para 6 of the Tax Insurance Procedure Code

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

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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

Loans to micro enterprises, guaranteed by the NGF (for financing of european projects)

Advantages

Parameters

Required Documents

Send Request

Book a Video Meeting

Working Capital Loan With Equal Installments

Business Credit Cards MasterCard Business

Business Partnership package

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Loans to micro enterprises, guaranteed by the NGF (for financing of european projects)

Advantages

Parameters

Required Documents

Send Request

Book a Video Meeting

Working Capital Loan With Equal Installments

Business Credit Cards MasterCard Business

Business Partnership package

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.