News
Bulbank offers attractive conditions concerning financing of investment projects of small companies
Promotion campaign will continue till the end of the year. Bulbank offers investment credits with interest of 6,67% for the first year when the credit is provided with mortgage of residential or commercial building. When there is a mortgage of industrial building then interest on credit is 7,17% for the first year. Interest in cases of warrantee with long-term tangible assets stood at 7.67%. For the rest of the period interest rate on credits will be formed as base interest rate of Bulbank plus additional 6%.
Credits for means of circulation are offered with interest of 8.27% for the whole term only for clients possessing “Business leader Premium” package, interest of 8,47% is offered for clients possessing “Business leader Gold” package and interest of 8,67% is offered for all other clients.
“Bulbank proves to be the main partner of the small business in Bulgaria. As partners to the small business we offer competitive conditions on credit interest rates as well as wide range of non-banking products and professional consultations”, Lubomir Punchev, member of Bulbank’s MB and Director of “Retail banking” division said.
In the frames of the promotional campaign, charges on the application for credits are taken only after the positive response from the bank. Management fee during the first year is 1%, while for the rest of the term is 0,50% per year.
Clients will receive a special catalogue as well as member’s card for “Bulbank Partner Club”. Using them the owners of the companies and their families could use discounts when shopping via partners of the banks. Clients use discounts in consulting companies, office equipment companies, hotels, restaurants etc.
Personal bankers of Bulbank will consult small companies except for issues that have to do with banking services and also when developing business plans or other problems from accounting and tax issues.