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Relaxed collateral requirements.
This Guarantee has been provided by the European Investment Fund and the European Investment Bank in response to the policy to address the economic crisis caused by COVID-19. The program supports innovative and fast-growing companies with staff of up to 3000 people.
Opportunity for SMEs and large companies in difficulty to receive supporting working capital financing.
To financing of innovative business activities.
Credit parameters | |
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Amount |
Max. 7 500 000 EUR |
Products guaranteed by InnovFin COVID-19 |
Revolving loans, overdraft limits and term limits for working capital needs. |
Maturity |
Refinancing is allowed only forlimits that are already included in the current InnovFin guarantee program, as they are due or 3 months. before their due date. |
Guarantee coverage |
80% |
SMEs, mid-cap companies with staff of up to 499 people and large companies with staff of up to 3,000 people.
Businesses that can benefit from the program must meet at least one of the criteria for innovation or digitization of the current InnovFin agreement and / or be a fast-growing company.
The program can benefit innovative companies that, as a result of the COVID-19 crisis, make any changes in processes, services, products to overcome the effects of the crisis and remain economically stable and / or have undergone business failure as a result of the crisis.
From highly qualified specialists with experience in the field of lending and financial services.
Address: Sofia 1407, 55 Nikola Vaptzarov Blvd, EXPO 2000
Phone: (+359 2) 91 985 101
Fax: (+359 2) 91 985 140