BANK FINANCING FOR SMALL AND MEDIUM-SIZE ENTERPRISES IN BULGARIA

Svetla Ivanova

Abstract


Banks are the largest creditors in Bulgaria and offer various types of loans for micro, small and medium-sized enterprises. A bank loan is a type of transaction between the bank and the borrower. Banks provide bank guarantees. Deposits in banks are one of the ways for businesses to save free cash and profit from the interest that banks provide for specific periods of the deposit. This is one of the low-risk ways of investment.

Keywords


bank, financing, small and medium-size enterprises (SMEs).

References


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Consumer credit law of the Republic of Bulgaria

Deposit insurance law of the Republic of Bulgaria

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Public procurement law of the Republic of Bulgaria


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New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria - contract № КП-06-НП1/5 of 17.12.2019 in the competition of Bulgarian scientific periodicals – 2019

New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria – contract № ДНП 05/52 от 22.12.2016 in the competition of Bulgarian scientific periodicals – 2016

The contents of this publication do not necessarily reflect the position or opinion of the National Science Fund of the Republic of Bulgaria. The opinions expressed are those of the author(s) only and should not be considered as representative of the National Science Fund’s official position.

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National Science Fund of Bulgaria