30.01.2023

BBD LEASING SUPPORTS BUSINESSES FOR TECHNOLOGICAL RENEWAL OF PRODUCTION FACILITIES

BBD Leasing from the Bulgarian Development Bank Group launched a new product for technological renewal of production facilities. It targets micro, small and medium-sized companies involved in manufacturing, processing and food processing, printing and healthcare. Companies can apply for the lease of production machinery and equipment, incl. medical and energy equipment.

The maximum amount of the granted lease is up to BGN 5 million, and the financing term is up to 84 months with the possibility of a grace period. The companies' deductible is a minimum of 10% depending on their creditworthiness.

Among the requirements for lessees are that they have at least two completed financial years in which they have been operating and have positive equity.

The purpose of the new program is to encourage small and medium-sized companies to invest in production machinery and equipment, with the help of which they will improve the efficiency of their production processes and expand their product portfolio. Through their technological renewal, they will have the opportunity to enter new markets and improve their competitiveness, as well as create new jobs.

The new financial product will assist businesses in improving the energy efficiency of production.

The planned financial support is in sync with the strategic goals of the BDB to ensure access of small and medium-sized businesses to sufficient and diverse financing, as well as support for the export of companies and their integration in foreign markets, reports the Bulgarian Chamber of Commerce and Industry through its website www.infobusiness.bcci.bg.

You will find all conditions for assistance under the program here.