Working Capital Loan With Equal Installments

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

Wide loan purpose range
Long tenor
Option for financing without collateral
Grace period from 3 up to 6 months
Discounts in price parameters upon utilization of other services

Parameters

Loan purpose	Loan for financing of current business needs
Currency	BGN
Minimum amount	BGN 10 000
Maximum amount without collateral	BGN 100 000
Maximum amount with collateral	BGN 500 000
Tenor	Up to 24 months - without collateral Up to 36 months - upon guarantee instruments, movable property, used as collateral Up to 60 months - upon mortgage on a real estate, used as collateral Up to 60 months - upon cash funds in an account with UBB, used as collateral
Collateral Types	Unsecured Guarantee under the COSME, COSME COVID, EGF* Machines, equipment, vehicles Mortgage on a real estate Cash funds
Repayment	In equal principal payments, on a monthly basis
Fees	As per the Bank's Tariff for Business Clients
Interest rates	Variable annual interest rate, formed of UBB’s Reference Interest Rate and a fixed margin

*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.

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

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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:

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Online/Mobile

Fees and terms

Exchange rates

Advantages

Parameters

Required Documents

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COSME business loans for micro companies

Overdraft For Microbusiness clients

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