Structuring of specialized investment, guarantee and financial instruments with European and Bulgarian national donor funding
Venture capital
For initial investments in innovative start-ups: EUR 5,000-30,000
For start-ups: EUR 25,000 - 1,000,000
For start-ups at an advanced stage of development: EUR 750,000 - 3,500,000
Equity capital
For companies in their growth stage: up to BGN 5 million, in stake up to 34% of the company's capital
Investment accelerator programs
For innovative, start-up and social enterprises on the territory of Sofia Municipality
For agricultural enterprises
For sustainable green business solutions, clean technologies, eco-innovation
Guarantee instruments for SMEs and start-ups
Guarantee for SMEs on the territory of Sofia Municipality: up to 50%, up to BGN 150,000, for 84 months
Guarantee for innovative and start-up companies: up to 50%, up to BGN 30,000, for 60 months
Microfinance for start-ups and micro and small enterprises, agricultural producers, incl. producers of organic products, social enterprises.
Financing of social enterprises and companies, whose owners are representatives of vulnerable groups - unemployed, young people, people with disabilities (so-called businesses with a mission) - up to 50,000 euros, up to 5 years
Investment loans, working capital loans, credit lines, leasing for start-ups and those in the development phase, companies employing people in vulnerable groups: up to EUR 25,000, up to 10 years depending on the type of financing, collateral - personal warranty
Startup investment loan for start-up business with guarantee coverage under the COSME program: up to 25,000 Euros, up to 84 months, collateral up to 70%
Startup working capital loans for start-up business with guarantee coverage under the COSME program: up to EUR 25,000, term up to 24 months, collateral up to 70%
Low-interest loan for companies with a short history and social enterprises: up to BGN 48,895 (EUR 25,000), for period up to 10 years, grace period up to 2 years, interest rate BIR+ fixed allowance of 2.7%, no additional fees, simplified requirements for collateral
Small business loan: up to BGN 7,500, for period up to 24 months, without collateral; up to BGN 20,000, for period up to 36 months, only with a guarantee; up to BGN 48,895 (EUR 25,000), for period up to 60 months, with a flexible form of collateral; annual interest rate: 3-Month EURIBOR + fixed surcharge of 9.5%; no fee for partial or full early repayment
Investment loans
Loans with flexible terms according to the needs of the business, including guarantee programmes of national and European donors
Loans for SMEs: from BGN 100,000 to BGN 5 million, 10% self-participation, up to 10 years, up to 18 months grace period, minimum collateral or no collateral depending on the risk profile
Loans for start-up companies for production, up to BGN 250,000, 10% self-participation, collateral – the purchased asset
Loans for financing solar power plants for business: up to 1MW, 95% financing, up to 15 years
Loans to farmers for the implementation of projects with European grants
Loans for manufacturing companies for the implementation of projects with European subsidies
Working capital financing, credit lines / overdraft
Loans with flexible terms according to the needs of the business including guarantee programmes of national and European donors
Credit lines up to BGN 200,000. (up to 40% of the turnover), without collateral, with co-debt, up to 3 years repayment period
Overdraft loans BGN 200,000. (up to 20% of the turnover), without collateral, with co-debt, up to 3 years repayment period
Loans for creative industries, up to BGN 500,000, 10% self-participation, minimum collateral
Working capital loans for energy support for electricity bills, up to BGN 200,000, up to 75% of invoices, without collateral
Loan for hoteliers, including start-ups, as well as overdue up to 90 days: revolving credit lines, overdrafts, 18-month grace period, estimated interest rate 2.82%
Credit for restaurateurs, including start-ups, as well as overdue up to 90 days: revolving credit lines, overdrafts, 12-month grace period, estimated interest rate 2.82%
Revolving credit lines for rose growers: up to BGN 1 million, up to 36 months, minimum collateral (including rose oil)
Loans for agricultural producers: up to 95% of the amount of expected subsidies
Loans for financing the implementation of projects approved under the terms and conditions of the Operational Programs - approved by the European Union (EU).
Funding and grants for Contract with a guaranteed result (ESCO) for companies and municipalities - for municipalities there are programs available for grants of 25% of the investment project, no more than BGN 800,000
Grants for investment projects under programme “Mineral waters” – 50% of the investment, not more than BGN 400.000
Insurance products for: deferred payment; pre-export financing; bank credits and financing granted to large companies or SMEs; Bulgarian investments abroad – against political risk; letters of credit issued by foreign banks in favour of Bulgarian exporters – against political risk; issuing performance guarantees under contracts and for participation in public procurement
Project financing for real estate and RES investors
Funding and grants for performance contracts for companies and municipalities there are programs available for grants 25% of the investment project, not more than BGN 800,000
Mortgage loans - a loan secured by a real estate mortgage
Bridge financing for the purchase of real estate
Specialized financial instruments on commercial deals
Export letters of credit, bank guarantees, cash against documents, discounting on an export letter of credit, prepayment for import letter or credit
Financial leasing
Leasing with 0% self-participation for the purchase of vehicles and 5% self-participation for other machinery and equipment, from 1 to 8 years depending on the asset
Financial leasing for purchase of transport vehicles, equipment, agricultural machinery, construction machinery, real estate
Flexible leasing products according to business needs: open-end finance lease, closed-end finance lease, closed-end finance lease and VAT capitalization, lease with fund guarantees
Lease Back for real estate
Factoring - working capital for business, through the transfer of ownership of receivables (factoring), without the requirement for material security
Financing in case of deferred payment delivery - working capital for the business, by transferring the ownership of receivables (factoring), without the requirement for material collateral
Non-recourse factoring, recourse factoring, invoice discount factoring, non-recourse export factoring, export invoicing based on letters of credit, export invoicing-supply chain financing, export invoicing based on document collection
Financial and investment instruments for business expansion and entering new markets
Financing and investments for M&A transactions: for the acquisition of companies, for the merger of companies, for the sale of all or part of companies, for the separation (Spin-off) of a part of the business as an independent unit
Financing and investments in the purchase/sale of family businesses
Financing and investments for Joint Ventures in Bulgaria and abroad
Funding and investments in management buyouts (MBOs)
Real estate for equity investments in Joint Ventures with other investors in different regions of Bulgaria
Real estate for business development in Bulgaria and appropriate financial instruments for purchase