EuroFundInvest - Investment loan to finance projects under EU programmes

Investment loan to finance EU funded projects

Advantages

  • Accelerated procedure to obtain approval
  • No fee for early repayment with  the grant
  • A special bank account could be open for the purpose of project implementation.
  • Lower percentage of own contribution
  • Partial or full repayment of loan with the grant funds.

Characteristics

Loan size

Up to 90% of total eligible costs of the project

Grant amount

Determined by:

  • The funding fixed in specific operational programme
  • The amount of eligible costs  of the project,
  • The specific agreement between the respective beneficiary and the Ministry 
  • For some operational programmes, the grant can cover up to 100% of the project costs.

Currency

Bulgarian leva or euro

Maximum loan term

Up to 10 years depending on the UniCredit Bulbank general terms and conditions

Grace period

Up to 12 months from the date of the loan agreement

Whom is it Suitable for?

Beneficiaries of grants under programmes co-financed from European Union funds.

Required Documents

Each EU programme requires a special set of documents.

All official templates of documents could be found on the specialised websites of the respective operational program:

 

Frequently Asked Questions

The new 2014-2020 programming period has already begun and the first procedures have been launched. Up-to-date information on open procedures for all operational programmes could be found on the ISUN 2020 website - eumis2020.government.bg (initial free of charge registration is required).