CHF
EUR
GBP
USDEnergy Asset +
Purpose
- Investments improving energy efficiency in industrial processes through purchase of equipment, machine and instruments; technical support and consultation on the correct assembly of equipment; transport and logistic service.
- Exterior insulation of buildings irrespective of their sector.
- Improvement of heat source and heat transfer network.
Amount
From BGN 30,000.00 to BGN 3,000,000.00.
Co financing company’s share
Minimum 10% of the project amount, without VAT.
Repayment schedule
Monthly principal and interest installments and grace period up to 6 months
Annual interest rate
basic interest rate + margin /upon negotiation/
Collateral
- Partial credit guarantee issued by Energy efficiency Fund securing up to 80 % of the amount of the principle under the credit, but no more than BGN 800,000.00.
- Additional security – assets of the company or third liable parties. Their market evaluation is to be made by a certified assessor approved by the Bank.
Feesandcommissions
As fixed in Terms and Conditions of INTERNATIONAL ASSET BANK AD
Additional conditions
Projects meeting credit terms must:
- Have detailed energy-related project review, made by a company, authorized under Article 16 or Article 17 of the Energy Efficiency Act.
List of companies authorized under Article 16 of the Energy Efficiency Act.
List of companies authorized under Article 18 of the Energy Efficiency Act. - Minimum 50 % of the economic benefit must arise from substantiated energy saving.
- Implement well-known technology for energy saving (technologies that are not applied by now shall not be approved).
Additional services
- Opening of company employees’ card accounts for direct payroll transfer
- Option for overdraft under card accounts
- Option for deposit accounts enabling flexible operation of the resources