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
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