Products
Working Capital Financing for Construction Companies
The Bulgarian Development Bank offers working capital financing for construction companies that have signed a Contract for the Execution of Construction and Assembly Works (CAW) with Contractors, a party to a Grant Agreement under national and European programs. Its scope includes two directions:
DIRECTION 1 – projects under the National Recovery and Sustainability Plan (NRSP) and under the European Structural and Investment Funds (ESIP);
DIRECTION 2 – projects under Measure 7.6 „Studies and investments related to the maintenance, restoration and improvement of the cultural and natural heritage of villages” of the European Agricultural Fund for Rural Development (EAFRD).
Instrument for Accelerated Disbursement of European Funds
The Bulgarian Development Bank offers support financing for enterprises with approved projects under European and national Programmes. The Bank’s new instrument is in fulfillment of its strategic goals to contribute to increasing investment activity among small and medium-sized enterprises. Among the priorities of the BDB is also easing access to financing for projects under the National Recovery and Sustainability Plan (NRSP) and the European Structural and Investment Funds (ESIF) and speeding up the disbursement of EU funds.
Direct financing with Invest EU guarantee
The Bulgarian Development Bank facilitates access to financing for small and medium-sized enterprises that have a higher risk profile, contributes to the ecological transformation or the implementation of digital technologies. In partnership with the European Investment Fund and the European Commission, the Bank will offer lending with alleviated collateral requirements and preferential interest rate under the Invest EU Guarantee Programme. Enterprises can receive funds in three directions: “Competitiveness of SMEs”, “Sustainability” and “Innovations and digitalization”.
Financing of farmers' groups and organizations
Special programme with preferential conditions for groups of farmers. Funds are made available to cover their liquidity needs and/or to finance their investment plans. The financial support is in line with BDB's strategic objectives to ensure that small and medium-sized businesses have access to sufficient and diversified funding, as well as to support exports and their integration into external markets.
Support for rose processing
The Bulgarian Development Bank has created a special product with preferential terms for Bulgarian rose processors. The purpose of the financing is to support the sector, overcome the negative effects of the Covid-19 pandemic and alleviate inflationary pressures.
Financial support for victims of COVID-19
The objective of the Programme is for BDB to provide guarantees in favor of commercial banks (see list below), which, in turn, will create portfolios of loans available to micro, small and medium-sized enterprises, as well as small mid-cap businesses, of up to 499 employees inclusive, meeting one of the following criteria: assets of up to EUR 100 million inclusive, or sales revenue of up to EUR 86 million inclusive), which have been affected by the outbreak of COVID-19 and provide liquidity for their business activities.
The Programme for interest-free loans is created to support employed and self-employed individuals, farmers, and seasonal workers who have ceased activity.
