Bulgarian development bank Bulgarian development bank

Apply for it

Pre-export financing

Direct 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 months
  • Collateral:
    - Bank credit insurance from BAEZ
    - Pledge of business concern
    - Property mortgage
    - Pledge of machines and equipment
    - Bank guarantees