Bulgarian development bank Bulgarian development bank

  • General Information

    The National Guarantee Fund was created in 2008 as a part of the Bulgarian Development Bank Group. The Fund issues guarantees, that complement the collateral, required by the commercial banks in order to approve loans for the Bulgarian business. The NGF facilitates the access to finance for small- and medium- sized enterprises and contributes to the decrease of the interest rates of the loans granted to them. The support of the Fund gives an opportunity for loan financing for start-ups and firms with no previous credit history.

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