Bridge Subsidy financing - the new JOBS MFI’s product to support small and micro-businesses

12 March 2019

The Micro Financing Institution Jobs EAD, part of Bulgarian Development Bank Group, lаunched a new lending product to support small and micro-business, namely a bridge subsidy financing of up to BGN 300,000. This long-term financing pre-financed the approved investment costs in line with the contract with the State Fund Agriculture. It is mandatory that the applicant has signed a contract for grant approval with the Fund, and it shall have at least 12 months business history. This new opportunity is targeting all eligible agricultural producers – individuals and legal entities, sole proprietors and cooperatives - that are cultivating own or leased agricultural land


 

Some of the benefits for the client are the broad purpose of financing, the quick assessment, the long maturity, the possibility of a long grace period and the optimized repayment plan.

In addition to the investment financing, the borrower can receive up to 90% of the approved VAT under the contract signed between the borrower and the State Fund Agriculture under the form of a credit line.

Details on the new JOBS MFI’s investment loan could be found here.

Privacy and terms

Learn more about how we collect, store, use and disclose your personal data when you interact with us.

This Disclaimer is defined according to the European Regulation act of General Data Protection Regulation (2016/679).

What data do we process when you visit this site?

Why do we use your data?

We use this data for the purposes described in our policy, which include:

Learn more here https://eapb.eu/disclaimer.html

I agree View more about our privacy policy