Pre-export financing

Working capital for:

•  The full cycle of export financing prior to shipment and sale of export goods
•    Issuance of bid bonds, advance payment bonds, etc.

Loan amount: EUR 5 million

Interest rate:

•   3.5% per annum for loans guaranteed by an insurance policy issued by the Bulgarian Export Insurance Agency (BAEZ)
•    6.0% per annum if no BAEZ insurance

Term: up to 24 month

Collateral:

•   Bank credit insurance from BAEZ
•   Pledge of business concern
•   Property mortgage
•   Pledge of machines and equipment
•   Bank guarantees