Guarantee program of the NGF, set up in cooperation with the Ministry of agriculture and food and the Executive Agency for fisheries and Aquaculture started in mid - 2010.

Who can apply?

Beneficiaries who have approved projects under one of the following Measures of the Operational Program For Development of the Fisheries Sector (2007-2013):

• Measure 1.3: Investment on the board of fishing vessels and selectivity
• Measure 2.1: Productive investments in aquaculture
• Measure 2.5: Fishing in inland waters
• Measure 2.6: Investment in processing and marketing of fisheries and aquaculture products
• Measure 3.3: Investment for reconstruction and modernization of fisheries ports, landing sites and shelters
• Priority axe №4: Development of the fisheries areas

What are the advantages of the program?

• The guarantee covers up to 80% of the loans, granted by the commercial banks, but not more than 3 million leva.
• Maximal interest rate of the loans: 7,5%
• Maximal duration of the guarantee: up to 10 years
• No taxes and commissions for the guarantee
• Lower requirements regarding the collateral
• Priority to collaterals that are assets financed under a project approved in the framework of the Operational Program for Fisheries and Aquaculture

Partner banks:

• DSK Bank
• Pireus Bank Bulgaria
• Bulgarian American Credit Bank
• International Asset Bank
• United Bulgarian Bank
• Community Bank
• First Incvestment Bank
• Raiffaisenbank Bulgaria
• CiBank
• TBI Bank
• Tokuda Bank
• Unicredit Bulbank
• Central Cooperative Bank