bgLoans and Cessions
Direct financing
| Beneficiaries | Annual Fee | Investment rates (BGN) | Maximal Tenor | Beneficiaries’ minimal participation |
|---|---|---|---|---|
| Municipalities, Corporate clients, Individuals |
4,5% – 6% | 30 000 – 1 000 000 | up to 10 years | 10% |
| 4% – 5% | 1 000 001 – 3 000 000* |
*The low interest rate range for large projects (over BGN 1 mln.) is applicable for loans with a minimum amount of BGN 800 thousand.
- The annual rate is fixed for the entire term of the loan
- There are no additional conditions on the loan / fees (including fees for preliminary redemption after the third year of the credit*)
- In case of bridge financing on EU programs financing can be up to 100%
* In case of bridge financing on EU programs, fee for preliminary redemption is not payable
Cessions
| Beneficiaries | Annual Fee | Investment rates (BGN) | Maximal Tenor | Beneficiaries’ minimal participation |
|---|---|---|---|---|
| Corporate clients, ESCO ** |
4,5% – 6% | 30 000 – 3 000 000 | up to 10 years | 10% |
** ESCO – Energy Services COmpany – Company for providing of energy services