Enhancing the access to finance for SMEs in Bulgaria through SME Initiative Uncapped Guarantee Instrument

The Facility entails the issuance of Guarantees for the benefit of lenders and leasing companies to partially cover the portfolio credit risk of newly originated Eligible SME Transactions granted to Bulgarian SMEs included in the guaranteed Portfolio during a pre-defined Inclusion Period.

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Overview

Status In execution (starting date)
Start date 26 Apr, 2016
End date 31 Dec, 2033
Contract date 02 Mar, 2016
View in UMIS

Financial information

Total cost 199,494,660.00
Grant 199,494,660.00
Self finance 0.00
Total paid 199,494,660.00
EU participation percent 100.0%

Location