Additional option to finance the main activity and cover current expenses for merchants who use POS devices.

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Maximum amount

BGN 35 000 or the equivalent in EUR, but not more than three times the average monthly credit turnover of a POS terminal

Term

12 months with the possibility of multiple extensions (renewal)

Collateral

Pledge of receivables on accounts in the Bank. Owners are involved in the transaction as co-debtors.

Interest

7.50% variable interest rate formed as a sum of 6-month SOFIBOR / EURIBOR and a margin

Fees and discounts

Fees

Preliminary review and preparation of an opinion on received loan applications – BGN 50
Annual management fee – 0.35%, payable monthly
Commitment fee – 1% on the unused part of the agreed amount
Fee for renegotiation of loan terms – 1% of the limit, min. BGN 100

Discounts in price parameters when using other services.