Microverdraft
| Our Offer | Application | Fees and Commissions |
Loans for producers, merchants and persons practicing liberal professions, who actively operate with their account with Fibank:
- replenishment of a cash deficits;
- use when you need a working capital;
- repayment schedule according to your needs;
- simplified application procedure.
Why should you choose a Microoverdraft from Fibank?
- no limit in the overdraft amount;
- possibility for a lower interest rate;
- possibility for a repayment schedule if the overdraft is not repayed on the maturity date;
- no collateral required for overdraft amounts up to BGN 10 000.
Overdraft Parameters:
| Amount: |
|
| Term: | Up to 2 years, including 1 year in overdraft |
| Interest Rate: |
The annual interest rate for the whole period is:
It is applicable to borrowers who work actively with Fibank and have good financial performance. **BIR (competitive environment) - Base Interest Rate of Fibank, please refer to the Interest Bulletin of Fibank AD. *BIR - Base Interest Rate of Fibank, please refer to the Interest Bulletin of Fibank AD. |
| Acceptable collateral:(separately or in combination) |
|
| Utilization: | According to your needs |
| Repayment: | First year in overdraft and a possibility for a repayment schedule if the overdraft is not repayed on the maturity date. |
Note: Microoverdrafts are applicable to persons, who performed business activities, with accounting incomes up to BGN 250 000.
