NGF-guaranteed Loans for SMEs

Joint programme between United Bulgarian Bank (UBB) and the National Guarantee Fund (NGF) for guaranteeing of loans to SMEs

Programme Parameters

ProgrammeAim

Provision of additional collateral in the form of a guarantee by the National Guarantee Fund (NGF)

Borrowers

Small and medium-sized enterprises according to the Bulgarian legislation

Purpose

Investment and working capital financing, limits for bank guarantees and letters of credit

Currency

BGN or EUR

Interest

Negotiable

Fees

All fees and commissions - as per UBB's Fees and Commissions Tariff for Business Clients

Guarantee Amount

Maximum guarantee cover up to 50% of the approved loan amount, but not more than BGN 1 million

Minimum Loan Amount

BGN 300 000

Loan Period

Negotiable

Grace Period

Negotiable

Collateral

Long-term tangible assets and/or current assets, with market value minimum 50% of the requested loan amount

 

The guarantee, provided by the National Guarantee Fund

Back to all offers