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“BGOL" Program – support that moves Bulgarian business forward
Small and medium-sized businesses are the heart of the Bulgarian economy – they create jobs, implement new ideas and keep the spirit of entrepreneurship alive. It is in their support that the Bulgarian Development Bank (BDB) launched “BGOL" Program – a financial initiative that gives businesses a real opportunity to grow and achieve their goals. Through the partner network of banks and financial institutions, the program offers an accessible and reliable path to financing – for businesses that want to take the next step towards success.
What does the “BGOL" Program offer
“BGOL” is a program for indirect financing of micro, small and medium-sized enterprises, which enables companies to obtain business credit on favorable terms. Financing is provided through BDB partners and is aimed at supporting the growth, modernization and sustainability of Bulgarian companies.
Main financing parameters:
- Annual interest rate: up to 6-month EURIBOR + 6.7%
- Annual percentage rate of charge (APR): up to 6-month EURIBOR + 10.99%
- Loan term: up to 36 months
- No early repayment fee – full or partial
These conditions make the program extremely suitable for companies seeking sustainable development and better liquidity in a challenging economic environment.
"BGOL" – a bridge to stability and growth
The “BGOL" Program aims to be a financial bridge between ambition and opportunity. Through it, BDB supports not only access to capital, but also the strengthening of the entrepreneurial ecosystem in the country. The initiative is part of the national strategy to promote small businesses, which are often the most affected by economic fluctuations.
With appropriate financing, companies can invest in new technologies, expand production or optimize their activities – steps that lead to higher competitiveness and sustainable growth.
Step to success
"BGOL" Program is not just a financial instrument, but a real opportunity for small businesses in Bulgaria to take a step forward - towards stability, growth and success.
With the support of the Bulgarian Development Bank and its partners, more and more enterprises will be able to build their path to the future.
If your business is also ready to develop and achieve more - take advantage of the opportunities of "BGOL" Program, apply for a business loan today.
