Working capital credit for raw materials

With the funds, companies can purchase goods and raw materials that are expected to rise in price

The Bulgarian Development Bank offers small and medium-sized enterprises a new product to overcome the negative effects of the prolonged increase in inflation and rising prices of basic goods and services. The programme provides working capital loans of up to BGN 200 thousand for companies that want to purchase raw materials at current prices and thus prevent higher costs in the future. This will help them to hold down the price of the final product they produce without anticipating a recent increase. The BDB’s programme is open to companies from all sectors. The condition is that they must be viable enterprises, and companies with lower credit ratings are also eligible.

From BGN 50 000 to BGN 200 000

For SMEs from all sectors

Credit facility and overdraft

Repayment of up to 3 years

Loan sizes

◼️ Credit facility or overdraft from BGN 50 000 to BGN 200 000, the amount is determined as follows:
For a credit facility - up to 40% of the net sales revenue for the previous year.
For an overdraft facility - up to 20% of credit turnover through current accounts for the last 12 months.

◼️ Programme volume BGN 10 million.

Specific features

Eligible applicants:

◼️ Economically viable small and medium enterprises.
Companies with positive equity at the date of signing the loan agreement and operating profit for the last 2 years.

◼️ The Bank will guarantee its receivables without collateral by:
- Co-debtorship by the owners of the borrower
- Lien on present and future receivables.

◼️ Drawdown period: 1 year, with the possibility of extension for another 1 year.

For the purchase of goods and materials
For staff salaries
For accrued liabilities to suppliers
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