Bank guarantee for securing advance payment of approved financial assistance for projects under Rural Development Program and OP "Competitiveness of Bulgarian Economy"
| Our offer | Application | Fees and Commissions | Advice for Customers |
Bank guarantee that may be used by legal entities, sole proprietors and cooperations and natural persons, registered as agricultural producers and intended for:
- for securing advance payment of 20% of the approved financial assistance.
Parameters:
| Currency: | BGN |
| Amount: | up to 110% of the amount of the financial assistance paid in advance |
| Term: | the term of the financial assistance agreement extended by six months |
| Fees and commission: |
0.5% on the guarantee amount on three-month basis |
| Utilization terms: | Grant Contract signed with the Ministry of Agriculture and Food or the Ministry of Economy and Energy |
| Collateral: |
special pledge on receivables under Grant contract; mortgage and pledge on assets, subject of the investment, and any other securities allowed by the law. |
SME Department Phones:
(+359 2) 9 100 105
(+359 2) 800 29 15
(+359 2) 800 28 78
(+359 2) 800 20 24
(+359 2) 81 71 636
E-mail address
for contacts:
e-mail: sme@fibank.bg
