CASH Overdraft business loan

Offers a flexible repayment schedule

Our offer

CASH Overdraft business loan offers you:

  • to receive the loan quickly and easily - business plan and credit history are not required;
  • no limitation of the loan amount and term;
  • at the most advantageous interest rates, fees and commissions.

Loan parameters:

 

Amount:

No limitation

Term:

No limitation

Loan currency

BGN, EUR, USD 

Annual interest rate:

1.95 points above the interest on blocked funds

Grace period:

In overdraft mode

Collateral:

The ratio of the collateral amount to the loan amount is:

·         If same loan currency and collateral currency - 110%

·         If the loan currency differs from the collateral currency  - 120%

If the borrower is a legal entity, the natural person who is the manager, owner, partner or mortgagor is required to commit as co-debtor or guarantor.

Method of absorption:

In overdraft mode

Method of repayment:

In overdraft mode

Application Procedure and Documents
To grant a loan, the Bank's credit specialists develop an individual offer tailored to the specific needs, credit history and principle of work in your company.

 

It will be our pleasure to help you find the optimal solution for your business needs.

 

To make an inquiry for loan, you can contact the Bank's credit specialists in one of the following ways:

  • phone: 02/817 1366; 02/817 1365; 02/800 22 73;
  • ask for our credit specialists at the Bank's branches and offices;
  • send an inquiry to micro@fibank.bg

 

Documents required for natural persons:
  • copies of the identity cards of the credit applicant/co-debtor/the person providing the collateral;
  • documents certifying the collateral ownership;
  • annual tax return for the last accounting year;
  • certificate of presence/absence of obligations issued by the revenue authority under Art. 87, paragraph 6 of the Tax and Social Security Procedure Code;
  • related party declaration issued according to Fibank (First Investment Bank) sample form;
  • a power of attorney for NSSI;
  • an application for granting a micro loan to natural persons.

 

Documents required for legal entities:
  • decision of the competent body to withdraw and secure the loan;
  • balance sheet, statement of income and expenses and annual tax return for the last year;
  • documents certifying the collateral ownership;
  • copies of the identity cards of the representative of the company - credit applicant/co-debtor/the persons providing collateral;
  • certificate of presence/absence of obligations issued by the revenue authority under Art. 87, paragraph 6 of the Tax and Social Security Procedure Code;
  • related party declaration issued according to Fibank (First Investment Bank) sample form;
  • a power of attorney for NSSI;
  • an application for granting a micro loan to legal entities.