Mortgage Business Loan

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Loan purpose

  • For investment needs funding
  • For funding the current expenditures on ordinary activity of the loan applicant

Amount

Up to 50% of the market value of real estate – residential, office or store in monolithic building but not more than BGN 300 000 or the respective equivalent in EUR and USD

Utilization

Up to 3 months from the date of signing of the loan contract, single or in tranches

Tenor

  • In case of loan for current expenditures funding – up to 1 year
  • In case of loan for investment needs funding – up to 5 years

Grace period for the principal

None

Repayment method

Through decreasing monthly installments or with individual repayment schedule

Interest rate conditions

The loan is granted pursuant to General Terms and Conditions of UniCredit Bulbank for granting loans to entities carrying out business activities (in Bulgarian)

Fees and commissions

Pursuant to the concretely indicated articles and notes of the TARIFF for fees and commissions of UniCredit Bulbank applicable to legal entities and sole traders

Allowances

For the holders of Bank’s packages programmes

Collateral

  • Real estate - residential, office or store in monolithic building
  • Collateral’s property insurance is required