Super loan

A loan presented in the form of an overdraft, through which you have additional funds for current needs

Our Offer

Super loan for small and medium-sized businesses enables you:

  • to develop your business;
  • to have additional funds for current needs;
  • to pay interest only on the utilized part of the loan;
  • to enjoy longer crediting period - up to 10 years;
  • a longer grace period - now up to 36 months;
  • no repayment schedule within 3 years;
  • to withdraw the repaid part of the loan again - without repeated examination of documents and mortgage costs;
  • longer term for working credits - now up to 5 years;
  • lower commissions during the overdraft period;
  • no fee for early repayment after the overdraft period expires.

 

Loan parameters:

 

Amount:

No limit in the amounts granted, depending on business needs and collateral coverage

Loan currency:

BGN, EUR

Term:

·         for working capital - up to 60 months, including up to 36 months in overdraft mode;

·         for investments - up to 120 months, including up to 36 months in overdraft mode.

Interest rate:

The annual interest rate is formed on the basis of an intrabank credit rating - compound interest BIRme* + surcharge.


* Base interest rate (BIR) is a variable interest rate index approved by Fibank's Board of Directors and calculated for each type of currency based on the ratio between the planned costs of the Bank's liabilities and the market interest rates for the same currency, applicable to loans in national and foreign currencies. BIRme is the Base Interest Rate, adjusted by a coefficient for the market environment in the segment of business customers.

Grace period:

in overdraft mode for up to 3 years

Method of repayment:

monthly installments after the end of the period in overdraft mode

Collateral:

·         mortgage on residential, administrative, commercial, production and warehouse areas, agricultural land, regulated land properties;

·         pledge on fixed tangible assets;

·         guarantee schemes of the NGF, Municipal Guarantee Fund and Bulgarian Export Insurance Agency.

The owners of loan applicants who are legal entities commit themselves as co-debtors or guarantors.

Application

1. Application procedure:

 

In order to be granted a loan from Fibank, the bank's credit specialists develop an individual offer tailored to the specific needs, credit history and principle of work in your company.

It will be our pleasure to help you find the optimal solution for your business needs.

To make a loan request, you can contact the Bank's credit specialists in one of the following ways:

  • for Sofia: tel.: (02) 800 2915, (02) 942 6601, (02) 800 2876, (02) 800 2027;
  • for the country: ask for the credit specialists in Fibank branches in the country;
  • make an inquiry

 

2. Necessary documents:

  • loan application (according to Fibank’s sample form);
  • related party declaration and of legal entity beneficial owner declaration (according to Fibank’s sample form);
  • declaration of marital and property status (according to Fibank’s sample form);
  • financial statements;
  • a certificate from the revenue authority for the absence/presence of obligations (under Article 87, paragraph 6 of the TSSPC);
  • other documents at the discretion of the Bank