SPECIALISED
LENDING SOLUTIONS

Specialised lending solutions


BUSINESS DEVELOPMENT FUND

In support of your business endeavors, TEXIM BANK has created a special Business Development Fund valued at BGN 50,000,000. The resources of this fund are designated for granting loans ranging from BGN 300,000 to BGN 2,000,000.

■ Repayment period - negotiable;

■ Interest rate* – from 6% to 12%;

■ Collateral - negotiable;

■ Repayment method - in conformity with the individual requirements of the client;


AGRICULTURAL LOANS 

In support of its clients, working in the agribusiness sector, TEXIM BANK offers:


Agricultural loan with pledge of subsidy

■ Amount - up to BGN 300,000 or its equivalent in a foreign currency, but not higher than 85% of the amount of the expected subsidy.

■ Repayment period - until the subsidy is received;

■ Interest rate* - negotiable;

■ Collateral - pledge of subsidy and if necessary - additionally negotiated collateral;

■ Repayment method - by one-time payment at the end of the period or by interim negotiated installments.


INVESTMENT LOAN FOR AGRICULTURAL EQUIPMENT

■ Amount - up to BGN 500,000 or its foreign currency equivalent;

■ Repayment period - up to five years;

■ Amount of self-financing - negotiable, but not lower than 15% of the value of the purchased machinery

■ Interest rate* - negotiable;

■ Collateral - a pledge of the financed agricultural machinery, a pledge of subsidy when financing under specialized programs and if necessary - additionally negotiated collateral.

■ Repayment method - negotiable.


LOANS IN EXCHANGE FOR WAREHOUSE WARRANTS 

In order for you to get the best price for your produce or choose the most favorable time for buying or selling, we offer credit against pledge of warehouse warrants or against real pledge of grain.

■ Total amount - up to BGN 1,000,000 or its foreign currency equivalent, but not higher than:

- 75% of the value of the grain stored in a public warehouse;

- 85% of the market value of the pledged grain stored in a warehouse that has been approved by the Bank in advance;

■ Repayment period - until the month of May of the following calendar year;

■ Interest rate - negotiable;

■ Collateral - a pledge of warehouse warrants or a real pledge of grain and if needed - additionally negotiated collateral.

■ Repayment method - in conformity with the individual requirements of the client;

 

DISCOUNT CREDIT

You are the supplier of large commercial chains and your payments are deferred in time. TEXIM BANK grants credits against pledge of receivables certified by invoices from merchants under a simplified procedure.

■ Amount - up to BGN 850,000 or its equivalent in foreign currency, but not higher than 80% of the amount of the net receivables, exclusive of VAT.

■ Repayment period - up to 12 months with a renewal option;

■ Interest rate* - negotiable;

■ Collateral - a pledge of receivables from receipts from merchants and if needed - additionally negotiated collateral.

■ Repayment method - upon payment of the discounted invoices and in compliance with the individual requirements of the client.

 

* The specific interest rate shall be negotiated based on the length of the desired financing, the type of product, as well as the estimate of the creditworthiness of the client made by the Bank.

 

For contacts: corporate@teximbank.bg