Investment loan for financing under EU Project for freelancers (natural persons and sole proprietorships/partnerships, registered by them)

Exchange rates

as of 22/03/2023 17:00:29

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

1.85300

1.85000

Buying rate

1.76900

1.77000

BNB fixing

1.81347

Cash payment

Non-cash payment

Selling rate

2.28100

2.27600

Buying rate

2.15600

2.16000

BNB fixing

2.22443

Cash payment

Non-cash payment

Selling rate

2.00700

2.00500

Buying rate

1.91300

1.91500

BNB fixing

1.96368

Advantage

Collateral - the assets, object of financing under the project and the expected subsidy
Large funding amounts
The limit is being repaid partially or fully with the amount of the received gratuitous financial aid
Option to use a VAT credit line
Competitive pricing
Request an online consultation via the UBB Video Banker service

Parameters

Borrowers	Freelancers - medical specialists; attorneys at law; public notaries; private enforcement agents; architects, designers, engineers; chartered accountants; auditors, who are: 1. Natural persons; 2. Registered as sole proprietors / partnerships.
Loan Purpose	For financing of investments, related to the implementation of approved EU projects.
Currency	BGN
Maximum amount	BGN 300 000 regarding investment loans for purchasing devices, equipment, machines, transport vehicles BGN 500 000 regarding investment loans for purchase, construction or repair of a real estate
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
Collateral-related requirements	Long-term tangible assets, object of the investment and the anticipated subsidy under the project
Interest	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, current financial statements and a Tax Return of the Borrower 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
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

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