EU programme loans aim to increase businesses’ competitiveness by providing easier access to financing for small and medium-sized enterprises. These loans are disbursed with particularly good conditions - lower interest rates, fewer collateral requirements and fees and, in some cases, partial non-refundable aid. Do not miss this opportunity to develop your business. Let your ProCredit client adviser help you choose the loan best suited to your specific needs.

ProCredit Bank offers investment and working capital loans to companies under the InnovFin Programme. By providing guarantees, the Programme aims to support the financing of innovations for SMEs.

Amount up to EUR 7.5m
Currency BGN/EUR
Interest rate preferential interest rate
Fees as per the bank’s Price List for legal entities
Collateral 50% less collateral is required 


Under the InnovFin Programme ProCredit Bank offers loans to:

  • enterprises focused on research and development activity
  • enterprises which have been operating on the market for less than 12 years and their workforce or turnover has increased by at least 20% p.a. over a three-year period
  • enterprises which have been operating on the market for less than 7 years and their R&I costs represent at least 5% of their total operating costs
  • small and medium enterprises initiating innovative investments (e.g. the introduction of new or significantly improved products, goods and services; important changes in the production process; innovations in the form of production organisation as well as new marketing methods and concepts)


The InnovFin Programme provides financing which results in increased competitive advantage and efficiency, reduced costs and improved workplace satisfaction.

Final Recipient Transaction is supported by the InnovFin SME Guarantee Facility, with the financial backing of the European Union under Horizont 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.

Complete the following steps to apply:

  1. Contact our call centre at 0700 1 70 70 or complete our contact form and we will call you back
  2. Discuss the financing you would like to receive with our client advisers
  3. Submit a  Loan application form and provide the required documents.
  4. Tell us about your business
  5. We will respond within the time period indicated

 Application documents:

  • Completed  Loan application form
  • Copy of the business owner’s personal identification card
  • Copy of the company’s tax declaration, balance sheet and income statement
  • Documentation regarding the collateral presented

Do you have any questions or are you interested in applying?

   Call us at  0700 1 70 70At the price of one landline call