bgLoans and Cessions
Direct financing
| Beneficiaries | Annual Fee | Investment rates (BGN) | Maximal Tenor | Beneficiaries’ minimal participation |
|---|---|---|---|---|
| Municipalities, Corporate clients, Individuals |
3,5% – 5,5% | 30 000 – 800 000 | up to 10 years | 10% |
| 3% – 4% | 800 000 – 3 000 000 |
The lower interest rate applies to projects above 1mln. and credit above 800 000 as shown.
- 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 ** |
3,5% – 5,5% | 30 000 – 3 000 000 | up to 10 years | 10% |
** ESCO – Energy Services COmpany – Company for providing of energy services