Working capital loans

✔ Revolving credit line
✔ Working capital loan

Expense coverage:

• Pre-export financing: up to 100% of the value, excluding VAT, of each invoice for raw materials, materials, transport, wages, electricity, water and other costs inherent in the production and sale or supply of the specific product or service, but not more than 80% of the value of the export contract
• Post-export financing (deferred payment): up to 80% of the value of the invoice provided

Amount of financing:

• No limitations, if for the previous 2 completed financial years more than 80% of the borrower's revenues are from export
• No limitations for financing of individual export deals (after a thorough analysis of the borrower and its counterparties)
• up to BGN 5 million total exposure at the level of related party group in all other cases

Total term:

up to 60 months

Drawdown period:

Revolving credit line - 12 months
Working capital loan - according to the specifics of the contract

Collateral:

Relaxed requirements if receivables are insured by BAEZ, Coface, Atradius or other insurer acceptable to the bank