08.10.2021 BDB Leasing with a new program for financing micro, small and medium enterprises up to BGN 2.2 million.
0% deductible for vehicle leases with a guarantee from The Pan-European Guarantee Fund
BDB Leasing, a subsidiary of the Bulgarian Development Bank, presents a new program to support micro, small and medium enterprises in partnership with the Pan-European Guarantee Fund. It is focused on to overcome the negative effects of the Covid-19 pandemic and will allow companies to benefit from easier financing conditions, longer payback periods and reduced deductible requirements.
The leasing financing under the program is up to BGN 2.2 million. It is intended for the purchase of new and used production machines and equipment, trucks and vehicles, construction and agricultural machinery. The requirements for deductible are 0% for leasing vehicles and 5% for other types of assets.
The repayment terms are also preferential - depending on the type of asset purchased, they vary between one and eight years. Companies can apply for funding until the end of 2021.
More information about the product can be found HERE
The funding provided is provided by the EGF Guarantee Facility, implemented by the European Investment Fund (EIF) with the financial support of the Member States of the European Union, which contribute to the Pan-European Guarantee Fund (EGF).
