Piraeus Bank Bulgaria and " National Guarantee Fund " signed an agreement for implementation of the guarantee scheme to facilitate the access of SMEs to financing through a risk-sharing.
Eligible under the guarantee scheme are investment loans and working capital loans including those approved for implementation of projects under the EU Operational Programme.
Parameters of the Guarantee:
No fee for the issuance
Maximum Guarantee Rate: 50% of the loan amount, but not more than BGN 500 000 for one borrower and it's related parties;
Deadline for inclusion of a loan in the guaranteed portfolio - 30.09.2015