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 technological modernization of SMEs
Bulgarian Development Bank launched a program of direct loans for micro-, small and medium-sized enterprises that submitted project proposals under the Economic Transformation Program of the National Recovery and Resilience Plan, “Smart Industry” component, “Technological Modernization” procedure. Financing is up to BGN 2,000,000, covering up to 100% of the costs, VAT exclusive.
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...
Energy efficiency of SMEs
Investment loan for micro-, small and medium-sized enterprises that have submitted project proposals under the procedure "Recovery of SMEs by improving energy efficiency" to OP "Innovations and Competitiveness" (OPIC) 2014-2020. Borrowers shall carry out their principal economic activities in the processing industry.
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.
Green Energy Financing
The Bulgarian Development Bank finance the construction of photovoltaic power plants for business needs. The new financial product is in response to growing concern among companies about the price of electricity in Bulgaria and Europe, and increased demand for electricity. Switching businesses to solar energy is a workable solution in the context of depleting non-renewable sources and the EU's carbon neutrality targets.