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JEREMIE - Business loans from Fibank

Low interest rate business loans under the JEREMIE Programme - no fee for early repayment and no commitment fee

Fibank offers loans under the JEREMIE Programme, which can be:

  • investment loans;
  • working capital loans;
  • overdraft / revolving loans.

Loans are granted to micro-, small and medium enterprises*, registered and operating in the Republic of Bulgaria, under the financial initiative JEREMIE to the Operational Programme "Development of the Competitiveness of the Bulgarian Economy 2007-2013" of the European Union.

Parameters:

Type of loan Investment
Working capital
 Overdraft and revolving loan
Currency  BGN, EUR
 BGN, EUR
 BGN, EUR
Term  Up to 10 years  Up to 5 year  Up to 31.12.2015
Interest rate from 3 to 4.5%, determined on the basis of a three-month EURIBOR for EUR and the base interest rate for BGN + margin from 3 to 4.5%, determined on the basis of a three-month EURIBOR for EUR and the base interest rate for BGN + margin from 3 to 4.5%, determined on the basis of a three-month EURIBOR for EUR and the base interest rate for BGN + margin
Grace period  Up to 24 months  Up to 24 months  none
Application fee 0.1% of the loan amount applied, but not lower than 55.00 EUR 0.1% of the loan amount applied, but not lower than 55.00 EUR 0.1% of the loan amount applied, but not lower than 55.00 EUR
Management fee
  • for the first year:1% of the loan amount;
  • for the next years: 0.5% of the outstanding principal.
  • for the first year:1% of the loan amount;
  • for the next years: 0.5% of the outstanding principal.
  • for the first year:1% of the loan amount;
  • for the next years: 0.5% of the outstanding principal.
Commitment fee  No fee is charged  No fee is charged  No fee is charged
 Early repayment fee
 No fee is charged  No fee is charged  No fee is charged

* Micro-, small and medium-sized enterprises are enterprises with annual turnover not exceeding 97 500 thousand BGN, assets not exceeding 84 000 thousand BGN and with less than 250 employees. The enterprises should not develop its main business in the following sectors: production and primary processing of agricultural products, fisheries and aquaculture, mining, gambling activities, production and trade in arms and ammunition.

This publication has been produced with the assistance of Operational Programme „Development of the competitiveness of the Bulgarian economy" 2007-2013, co-financed by the European Union through the European Regional Development Fund. The contents of this publication are the sole responsibility of Fibank and can in no way be taken to reflect the position of the European Union and Managing Authority.

Corporate Financing