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
The Bulgarian Development Bank created a special product with preferential conditions for groups of farmers. The funds will be provided to cover their liquidity needs and/or to finance their investment intentions. The planned financial assistance is in line with the strategic goals of the BDB for ensuring the access of small and medium businesses to sufficient and varied funding, as well as supporting exports and integration in external markets.
Program for financing of multidisciplinary hospitals for active treatment of systemic importance for the regions
Pursuant to Decision No. 568 of the Council of Ministers dated 29.07.2022, BDB offers long-term financing to multidisciplinary hospitals for active treatment that have emergency departments, which are subject to the state’s policy for recovery and development of hospitals (Hospitals of Systemic Importance for the regions – HSI). The program includes investment and/or working capital loans for improvement of the infrastructure and medical equipment in order to increase the scope and quality of the medical services provided. When necessary, hospitals shall implement a “Plan for Restructuring and Financial Stabilization of Cash Flows” approved by the Ministry of Health with introduced target...
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.