The bank improves the terms and conditions for financing of companies by shortening the decision-making time horizon and offering special interest rate terms
Better financing conditions in the form of quicker decision-making and special interest rates are offered by UniCredit Bulbank to micro and small enterprises. The bank’s initiative will be carried out until the end of June.
„The quality of the customer relations with the bank is brought to the foreground of the initiative. For companies, which have been loyal to the bank and for such with good financial behavior in the banking system, the decisions for financing could be made under a relatively simplified procedure, which will shorten the time frames. As regards the pricing conditions under the loans, the bank will apply an individual approach in the negotiation with each customer”, explained Svetlozar Cholakov, Business Clients Senior Manager at UniCredit Bulbank.
The micro and small enterprises, at which the special offer of UniCredit Bulbank, is aimed may use the financing for various purposes – for investment and working capital loans, credit limit recovery, working capital loan renewal, etc. The bank will offer also preapproved limits in an amount of up to TBGN 50 to the customers that meet the requirements set by the bank in terms of assets and financial results.
Within its initiative in support to the small business, UniCredit Bulbank will apply also a Reference Programme allowing the customers of the bank to lower their interest rates. According to the program’s conditions, every customer from the small and medium enterprises segment could get 20 basis points reduction in the current interest rate on its loan if it brings a customer, which then gets a loan at least in the amount of the remaining debt under the loan of the referring customer (in case of more than one referred customer, the total amount of the referred loans will be considered).