Existing and potential customers of UniCredit Bulbank now have the opportunity to check within minutes on the web-page of the bank www.unicreditbulbank.bg whether they fulfill the basic requirements of the scheme entitled “Technological modernization in Small and Medium-sized Enterprises” under Competitiveness Operative Program with the Ministry of Economy, Energy and Tourism. The online check requires minimum efforts, it is free of charge and takes only a couple of minutes.

Those interested to apply under the program that promotes investments in modern technologies and equipment in small and medium-sized companies, can fill in the ad hoc online form. It is accessible through the main site of the Bank – Competitiveness OP.

The form’s aim is to inform the user having filled in several fields whether his/her company fulfills the basic criteria for participation in the scheme entitled “Technological modernization in Small and Medium-sized Enterprises” or its profile rather matches other procedures under the operative and national programs financed with EU funds.

“For more successful coping with the crisis I advise the Bulgarian companies to take greater advantage of the accessible funds in the EU programs. We developed this online instrument in order to raise the awareness and to facilitate the application process – thus every manager is able without any commitment or fees very quickly to understand whether his/her company is eligible for financing under the scheme entitled “Technological modernization in Small and Medium-sized Enterprises”, UCB’s Daniel Enchev – European Funds Section Manager, explained.

UniCredit Bulbank offers to eligible companies an investment loan amounting up to 90% of the admissible project costs with accelerated approval procedure. A grace period of up to 12 months is envisaged with 10 years maximum period for loan repayment according to the investment type.

Additionally, the applying companies can request a loan for financing of advisory services amounting up to EUR 30,000, covering 100% of the advisory costs. This loan can be repaid within 24 months with a grace period of up to 6 months. UniCredit Bulbank also offers specialized accounts and issue of bank guarantees upon fulfillment of the approved projects under Competitiveness OP.

Check on-line whether you meet the eligibility criteria under the Technological modernization in small and medium-sized enterprises scheme of OP Competitiveness managed by MEET