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BULGARIAN DEVELOPMENT BANK

BULGARIAN DEVELOPMENT BANK. Target groups – micro and small enterprises including startups companies operating in the industrial, high-tech sectors, telecommunications, agriculture and transport sector. Total program cost – BGN 20 million.

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BULGARIAN DEVELOPMENT BANK

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  1. BULGARIAN DEVELOPMENT BANK

  2. Target groups – micro and small enterprises including startups companies operating in the industrial, high-tech sectors, telecommunications, agriculture and transportsector. • Total program cost – BGN 20 million. • Funding through targeted loan agreement with the Council of Europe Development Bank since 2011. Microfinance program

  3. Investment loans • Working capital loan Financial Instruments

  4. Micro and small enterprises including startups companies, which are traders in terms of the Commercial Code art. 1, cooperatives under the Cooperatives Act . • Artisans, registered under the Crafts Act . • Farmers. • Self-employed. Target Groups

  5. Subject - acquisition of fixed assets. • For existing micro and small enterprises. • Minimum funding amount EUR1 500. • Maximum funded amount EUR 100 000. • Period - 12 to 60 months. • Grace period up to 12 months. • Minimum own contribution - 10% VAT. • Promotional rate % - fixed for the term of the loan 6%. • Collateral - pledge of fixed assets or real estate mortgage Credit „Development" (for Investments) - Specifications

  6. Subject– acquisition of fixed assets. • For startups micro and small enterprises. • Minimum funding amount EUR1 500. • Maximum funded amount EUR 50 000. • Period - 12 to 60 months. • Grace period up to 12 months. • Minimum own contribution - 10% VAT. • Promotional rate % - fixed for the term of the loan 6%. • Collateral - pledge of fixed assets or real estate mortgage. Credit „Starting business " (for Investments) - Specifications

  7. Subject– Working capital • For existing micro and small enterprises. • Minimum funding amount EUR1 500. • Maximum funded amount EUR 50 000. • Period - 3 to 24 months • Opportunity for individual repayment plan. • Promotional rate % - fixed for the term of the loan 7 %. • Collateral - pledge of fixed assets or real estate mortgage. Credit „Development" (Working capital) - Specifications

  8. BULGARIAN DEVELOPMENT BANKwww.bbr.bg

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