Advantages

Special insurance packages and grace period during maternity

Term

Up to 15 years for investment loans

Our Offer

Smart Lady Business Program launched by Fibank is a special program aimed at women in business

 

Smart Lady Business Program offers:

  • relieved requirements for the collateral of the loan;
  • grace period during maternity (up to 15 months);
  • long repayment period - up to 15 years for investment loans and up to 5 years for revolving loans;
  • included FiHealth Peace of Mind insurance and Health VIP medical insurance package from FiHealth Insurance at the expense of the Bank, which provide prevention, protection and peace of mind to women entrepreneurs;
  • a business package for everyday banking, which reduces your costs for banking products used by up to 30%;
  • special children's savings deposit;
  • business debit card - Mastercard Business Debit;
  • First Lady credit card with additional options when using it;
  • included Mastercard debit card for children.

Parameters

 

Amount

No limit

Loan currency

BGN and EUR

Term

·         up to 180 months - for investment loans

·         up to 60 months - for working capital financing

Interest rate conditions

The annual interest rate is formed on the basis of an internal bank credit rating - compound interest BIRme* + surcharge, depending on the applicant's credit rating and the collateral offered.

* 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.

Eligible collateral: (individually or in combination)

• mortgage on property;

• pledge on fixed tangible assets;

• pledge on movable property;

• other.


Loans are provided with relieved collateral requirements, with the possibility of inclusion in NGF guarantee schemes.

Method of utilization:

·         once or in tranches;

·         in the form of an overdraft.

Method of repayment:

·         equal monthly installments (annuities);

·         equal principal payments;

·         individual repayment plan;

·         overdraft.

During the period of maternity and raising a child up to 2 years of age, the lady - manager and/or owner of the company is allowed:

·         grace period for servicing the loan principal no more than 15 months;

·         during this period, the loan management commission is reduced by 50%.

Fees and commissions:

special fees and commissions for Smart Lady business program

Sustainable Lady Fund: For the power of women. Start Something Priceless.


Additional products

Smart Lady Program

It combines not only credit opportunities for businesswomen, but includes a number of other financial and non-financial solutions to offer women support, security and peace of mind

 

Smart Lady Business program also offers:

Insurances:

·         FiHealth Peace of Mind insurance for the owner/manager of the company with insurance coverage of up to BGN 150,000.

·         Health VIP medical insurance package including prevention, out-of-hospital and in-hospital care.


FiHealth Peace of Mind insurance and Health VIP package are offered by FiHealth Insurance especially for the customers of Smart Lady business program. The insurance premiums for the lady manager or owner of the company are for the account of the Bank.

Business packages:

Possibility to choose the business package suitable for you for daily banking and thus reduce your costs for the banking products used by up to 30%.

Children’s saving deposit:

Savings deposit with the possibility of concluding Accident insurance, to double the amount of the deposit in the event of an insured event and triple the amount in the event of an insured event as a result of a road accident.

First Lady credit card:

First Lady credit card (pink or red) for the manager/owner of the company - borrower with a pre-approved limit depending on the amount of the loan:

• for a loan of up to BGN 100,000, First Lady pink credit card with a limit of up to BGN 3,000;

• for a loan of BGN 100,000 – BGN 250,000, First Lady pink credit card with a limit of up to BGN 5,000;

• over BGN 250,000 - First Lady red credit card with a limit of BGN 10,000.

The cards include free medical insurance for breast cancer treatment with a limit of up to BGN 5,000 for pink card and up to BGN 10,000 for red card.

Business debit card:

Mastercard Business Debit

Debit card for children and teenagers:

children's Mastercard debit card for children and teenagers aged 7 to 18 years

 

The choice of the additional services is not a mandatory condition for using the loan.


Application and documents
  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 the 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 our Bank's credit specialists in one of the following ways:

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

 


II. Required documents:

  • loan application (according to sample form of Fibank);
  • declaration of affiliation with other persons and declaration of beneficial owners of the legal entity (according to sample form of Fibank);
  • declaration of marital and property status (according to sample form of Fibank);
  • financial statements;
  • a certificate from the revenue authority for the absence/presence of an obligation (under Article 87, paragraph 6 of the TSSPC);
  • other documents at the discretion of the Bank.