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Investment loan for companies under REECL

Purpose of the loan: To finance an investment project under the program with signed agreement with end user- individuals owners  of residential buildings

Loan amount:  Up to 60 % of the investment cost without VAT , Maximum EUR 100 000

Currency – BGN or EUR

Interest Rate:

Min. 3MSOFIBOR + 5 %

Max. 3MSOFIBOR + 5 %

Term of the loan:   Up to 36 months

Grace period:  No

Management fee: - 1 % over the approved  loan amount for the first year and  1 % over the outstanding loan amount  for every next year

Prepayment fee : -  Мinimum  1% on the prepaid amount

Repayments :  Equal monthly principle  installments. One early repayment from the received grant 

Security: According the  Bank credit policy

Note: The budget of the project and the eligibility to be included in the program REECL must be approved by the Project Office of the Program.

To find out more about this product, you can call at any of the business centers or branches of the bank or send us a contact form.

For more information visit - http://reecl.org