FINANCIAL
LEASING SCHEME
ABOUT
LEASING SCHEME
| The
financial leasing scheme is part of project " JOBS", financed by Ministry
of Labor and Social Policy (MLSP) and is supported by the United Nations
Development Program ( UNDP). The scheme will finance micro and small enterprises that would not otherwise have access to credit. The financial leasing is manage locally, with the overall support from the JOBS Project Central Coordination Unit (CCU) in Sofia. |
TARGET
| The
resources of financial leasing allow for buying machines and equipment.
The clients are existing micro and small businesses and new businesses. |
CRITERIA
FOR CANDIDATES
| 1. Criteria
for candidates: -good business idea that will generate permanent jobs -good reputation in local area -minimum 20 per cent of the equipment price 2. Firm Criteria: -the firm must be registered and do business in local Agribusinesscenter area -the firm must work in manufacture or services -the firm must have bank account -the annual turnover of the firms will not exceed 1,000, 000 leva |
FINANCIAL
LEASING SCHEME
| Financial
leasing scheme: 1. Annual interest rate- basic interest rate plus 10 per cent 2. Repayment period - up to 24 months 3. Grace period - three months 4. Equal monthly installments- the installments cover the purchase price, transportation cost, duty fees, taxes and the related interest 5. Guarantees - insurance must be made in the name of the Agribusinesscenter |
