UBB launches the JEREMIE lending initiative
As of today UBB launches a large-scale lending program for small and medium businesses in Bulgaria, targeted at promoting investments and business development. The loans are partially and free-of-charge guaranteed within the JEREMIE initiative, which allows for facilitated access of companies to investment and working capital lending at preferential interest rate levels and alleviated collateral terms and conditions. UBB has also reduced the application, administration and commitment fees related to its new credit products.
All terms and conditions of UBB JEREMIE loans are available here.