Loans for Micro and Small Business
Choose the financing that fits your business.
All loans for micro and small enterprises are granted in euro (EUR), with a minimum amount of EUR 5,000 and a floating interest rate formed by the Reference Interest Rate of Municipal Bank for business customers plus a margin based on the client’s risk profile. Fees and commissions are in accordance with the Bank’s Tariff.
Who can apply: legal entities and sole traders registered under Bulgarian law, with at least 3 years of business history.
Indicative maximum amounts
| Type of financing |
Micro enterprises |
Small enterprises |
| Without tangible collateral |
up to EUR 50,000 |
up to EUR 100,000 |
| With tangible collateral |
up to EUR 100,000R |
up to EUR 250,000 |
The maximum amounts for loans without tangible collateral apply jointly to all related parties forming a common exposure.
- Loans without tangible collateral
A fast decision without a mortgage or a pledge of assets — the only security is a pledge over the receivables on your accounts with the Bank.
- Overdraft without tangible collateral
A limit on your current account to cover temporary shortages of funds for current payments. Draw and repay as many times as you need — every incoming amount on the account automatically reduces the utilised principal, and you pay interest only on the amount actually used.
| Amount |
from EUR 5,000 up to EUR 50,000 (micro) / up to EUR 100,000 (small enterprises) |
| Term |
12 months, renewable for a new period |
| Repayment |
revolving — automatically from the incoming amounts on the account |
| Interest rate |
floating — the Bank’s reference interest rate + margin based on the client’s risk profile |
| Collateral |
no tangible collateral; pledge over the receivables on the accounts with the Bank |
- Standard working capital loan without tangible collateral
A term loan for stocking up on goods and materials and covering current expenses, when you need a predictable repayment schedule instead of a revolving limit.
| Amount |
from EUR 5,000 up to EUR 50,000 (micro) / up to EUR 100,000 (small enterprises) |
| Term |
up to 36 months |
| Grace period |
up to 3 months on the principal; utilisation period up to 3 months |
| Repayment |
equal monthly instalments; for seasonal businesses — a repayment schedule aligned with the season |
| Interest rate |
floating — the Bank’s reference interest rate + margin based on the client’s risk profile |
| Collateral |
no tangible collateral; pledge over the receivables on the accounts with the Bank |
- Standard medium-term loan for purchase of assets without tangible collateral
Financing of an investment — equipment, machinery, refurbishment and construction works — without pledging the acquired asset or any other property.
| Amount |
from EUR 5,000 up to EUR 50,000 (micro) / up to EUR 100,000 (small enterprises) |
| Term |
up to 60 months |
| Grace period |
up to 3 months on the principal; utilisation period up to 3 months |
| Repayment |
equal monthly instalments; a seasonal repayment schedule is possible |
| Interest rate |
floating — the Bank’s reference interest rate + margin based on the client’s risk profile |
| Collateral |
no tangible collateral; pledge over the receivables on the accounts with the Bank |
- Loans with tangible collateral
Larger amounts and longer terms against a mortgage on real estate or a pledge of tangible fixed assets.
- Overdraft with tangible collateral
A current account limit for the day-to-day payments of the business — with a ceiling twice as high as the unsecured option.
| Amount |
from EUR 5,000 up to EUR 100,000 (micro) / up to EUR 250,000 (small enterprises) |
| Term |
12 months, renewable |
| Repayment |
revolving — automatically from the incoming amounts on the account |
| Interest rate |
floating — the Bank’s reference interest rate + margin based on the client’s risk profile |
| Collateral |
mortgage on real estate or pledge of tangible fixed assets |
- Revolving credit line with tangible collateral
A flexible working capital resource: draw when you need it, repay when you can and use the released limit again — suitable for businesses with uneven purchase and sales cycles.
| Amount |
from EUR 5,000 up to EUR 100,000 (micro) / up to EUR 250,000 (small enterprises) |
| Term |
12 months, renewable for a new period |
| Repayment |
bullet repayment at maturity or by tranches |
| Interest rate |
floating — the Bank’s reference interest rate + margin based on the client’s risk profile |
| Collateral |
mortgage on real estate or pledge of tangible fixed assets |
- Standard working capital loan with tangible collateral
A term working capital loan with a larger amount and a longer repayment horizon.
| Amount |
from EUR 5,000 up to EUR 100,000 (micro) / up to EUR 250,000 (small enterprises) |
| Term |
up to 60 months with a mortgage on real estate; up to 36 months with a pledge of tangible fixed assets |
| Grace period |
up to 3 months on the principal; utilisation period up to 3 months |
| Repayment |
equal monthly instalments; a seasonal repayment schedule is possible |
| Interest rate |
floating — the Bank’s reference interest rate + margin based on the client’s risk profile |
| Collateral |
mortgage on real estate or pledge of tangible fixed assets |
- Standard investment loan with tangible collateral
Long-term financing of investments in the development of your business — purchase of machinery and equipment, construction works, capacity expansion.
| Amount |
from EUR 5,000 up to EUR 100,000 (micro) / up to EUR 250,000 (small enterprises) |
| Term |
up to 120 months with a mortgage; up to 60 months with a pledge of new transport, construction or agricultural machinery; up to 36 months with a pledge of other machinery or tangible fixed assets |
| Grace period |
up to 6 months on the principal; utilisation period up to 6 months |
| Repayment |
equal monthly instalments; a seasonal repayment schedule is possible |
| Interest rate |
floating — the Bank’s reference interest rate + margin based on the client’s risk profile |
| Collateral |
mortgage on real estate or pledge of tangible fixed assets |
- Can’t find exactly your solution?
The standard products cover the most common needs, but not every business fits a ready-made frame. We look into the specifics of each activity — seasonality, payment cycle, structure of revenues and collateral — and structure the financing according to the specific needs and profile of your business.
Tell us about your case — we will look for a solution tailored to your specific need.
Request a consultation on +359 2 9300 140