RRF SME Competitiveness
What Does the Product Represent?
Guarantee Programme between UniCredit Bulbank AD, UniCredit Leasing and the European Investment Fund for enhancing ccess to finance for Micro-, Small- and Medium-Sized Enterprises (SME), aiming to revitalise blocked lending channels during and in the aftermath of the COVID-19 crisis.
Advantages
- Easier access to financing
- Quick approval procedure
- Relieved collateral requirements
- Eligible for financing are all SME's as well as borrowers with business history less than 12 months, according to the Internal Crediting Rules of UCB.
Characteristics
Eligible products:
Investment limit; Working capital limit with repayment schedule; Revolving credit line, Credit limit for issuing bank guarantees, Finanse lease
- Minimum credit line maturity: 12 months
- Inclusion period : till 28.12.2026
- Guarantee Coverage Period: 28.12.2038
- Credit currency – BGN, EUR
- Guarantee percentage 50%
Purpose
Eligible companies:
- Micro-, Small- and Medium-Sized Enterprises (with up to 249 employees)
Applying For
Get in contact with your servicing banker/expert at UniCredit Bulbank and UniCredit Leasing or submit an application under the contact format.
This finansing is funded by the European Union – NextGenerationEU with the financial backing of Bulgaria under the InvestEU Member State Compartment for Bulgaria.
Questions and Answers
Get in contact with your servicing banker with UniCredit Bulbank or submit a request under the form of contact.
All activities prohibited by EU - illegible economic activities, including cloning of people aiming at reproduction; production and trade with tobacco and alcoholic beverages and their derivative products; manufacturing and trade with any kinds of weapon and munitions; internet gambling, online casinos or pornography; cloning of people for research or therapeutic purposes; genetically modified organisms (GMO), etc.
Refinancing is not eligible; the credit is not eligible to finance second-hand asset purchases.