Free resource for on-lending financing through partner banks provided by the German Development Bank KfW

Total amount of funding: EUR 2 630 054.51

Maximum exposure to a bank: up to EUR 1,022,584 (BGN equivalent: BGN 2,000,000); no limit as to the number of loans with partner banks

Interest rate for on-lending financing: negotiable and according to BDB's internal regulations

Target utilization: for subsequent lending to SMEs - clients of the banks.

• Eligible for subsequent financing are: micro, small and medium-sized enterprises with over 50% private participation; maximum exposure to one borrower - up to EUR 51,129;
• Maximum amount for SMEs with up to 50 employees (investment and working capital loans) - EUR 51,129;
• Maximum amount for SMEs with up to 20 employees (working capital loans) - EUR 25,565;
• Loan period: from 2 months to 3 years;
• Other conditions: as approved by the Ministry of Finance;
• Loan agreement with the partner bank and specific agreements reached with BDB.