The scope of the BBR guarantee program to support business is being expanded
Bulgarian Development Bank (BDB) prepared changes to the guarantee program to support small and medium-sized businesses affected by the COVID-19 pandemic. They expand the scope of the government measure, allowing more companies from the sectors most affected by the pandemic to benefit from it. With the decision of the Court of Justice of 28.10.2020, the amount of loans guaranteed by BBR increases, which will now be able to reach BGN 2 million. The application deadline is extended by 6 months, until mid-June 2021. Among the eligible companies are already large enterprises that are registered as commercial companies in the country.