Tokuda Europroject

The Tokuda Europroject loan product is intended to be used as funding for the implementation of projects approved in accordance with the European Union’s Operational Programmes.

Take advantage of the simplified procedure, the clear, competitive terms, and the flexible funding schemes.

Terms

Currency

BGN, EUR, or USD

Amount

Up to 100% of the total eligible costs

Term

Negotiable

Amount

Up to 100% of the total eligible costs for the project, including Value Added Tax (VAT)

Term

Maximum term – negotiable

Drawdown

Negotiable, according to the time limits for the project’s implementation. A bank guarantee may be issued for prepayment from the loan.

Repayment

Negotiable. The grant received is used to repay the relevant part of the loan.

Interest rates

Negotiable. According to the client’s credit rating.

Grace period

Negotiable

Collateral

Pledge/special pledge on the money to be received under the Grant Agreement.
Other collaterals permitted by law, subject to the Bank’s requirements.

Charges and Commissions

Loan application review and processing fee – 0.30% of the loan amount, but no more than BGN 1,000.
Management commission – 0.25% per quarter or part thereof. For the first quarter, commission will be charged on the full loan amount agreed and must be paid prior to the first drawdown on the loan. For the rest of the quarters or part thereof, it will be charged on the remainder of the principal and must be paid by the 20th of the first month of the relevant period.
Commitment fee – 0.10% of the part of the agreed loan that has not been drawn down is charged every month.
Fee for the establishment of a mortgage and the subsequent striking thereof from the register – BGN 100.
No early repayment commission.
Any other changes requested by the client – BGN 300 per request.
The cost of pledging and insuring the collateral for the Bank’s benefit are covered by the loan applicant.

Requirements

Borrowers must be farmers (individuals or business clients), companies, municipalities or non-governmental organisations.

The loan will be approved after the applicant’s financial position and creditworthiness is analysed and assessed according to the Bank’s current internal regulations.

How to Apply

At a bank branch

Go to your nearest branch and discuss the transaction with one of our consultants. Complete a loan application and prepare the required documents.

Online application

Complete the online application form and one of our consultants will get back to you.

Contact Us

Tokuda Europroject

Terms

Amount

Term

Drawdown

Repayment

Interest rates

Grace period

Collateral

Charges and Commissions

Requirements

How to Apply

Contact Us

Visit a branch

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