Borrowers can be both physical and legal entities with the capacity registered professional practice and annual revenues up to 1 million leva.
Expert program allows you to:
What is Expert program?
|From BGN 100 to 20 000 or the EUR equivalent|
|Terms||Max. 12 months, with automatic renewing|
Purchase of equipment, repairs, other
|Purchase of real estate|
From BGN 1 000 to 150 000 or the EUR equivalent
|From 5 000 to 80% of the value of the investment confirmed by a licensed valuer|
For amounts of up to BGN 30 000 – from 12 to 96 months
For amounts of over BGN 30 000 – from 12 to 120 months
|From 12 to 180 months|
Grace period - For amounts of over BGN 7000 and term of over 36 months
|Up to 6 months||Up to 6 months|
For loans of over
BGN 30 000:
- Pledge on equipment
- Mortgage on real estate
- Up to 50 000 Leva without collateral for medical practices and notaries
|Mortgage on the real estate acquired with the loan|
Assuming the debt by the spouse for sole proprietors and physical persons.
Assuming the debt by 2 of the partners in a company.
|Amounts||From BGN 1 000 to 20 000 or the EUR equivalent|
|Terms||From 12 to 84 months|
|Grace period||Up to 6 months|
For amounts of up to BGN 10 000 – guarantor
For amounts of over BGN 10 000 – real estate mortgage or pledge of bank deposit