Loan purpose
Long-term credit for micro company (with annual sales income up to BGN 100 000) or getting off the ground enterprises for:
- Investment purposes;
- Working capital.
Amount
Up to 50% of the market value of real estate – residential or office in monolithic building, maximum BGN 50 000 or the respective equivalence in EUR
Utilization
Up to 6 months from the date of signing of the loan contract
Tenor
Up to 10 years
Grace period for the principal
None
Repayment method
Monthly installments
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 or office in monolithic building;
- Collateral’s property insurance is required;
- Insurance “Credit protection” with possibility to cover the following insurance risks:
- decease as result of accident or illness;
- lasting decreased or lost working ability above 70% as result of accident or illness;
- temporary inability to work as result of accident or illness.
