Investment & Fund Management

Megatrade Express, established in 2000, specializes in the import and distribution of sanitary and hygienic goods across various wholesale and retail channels in Bulgaria. Recently, the company faced challenges in meeting the growing demand for its products, particularly after expanding its production capabilities to include WC fresheners, toilet paper, kitchen rolls, and towels. To address this issue, Megatrade Express sought financial support to purchase new raw materials necessary for further product expansion.

In January 2016, the company secured a working capital loan from Cibank, which was backed by an EU and EIF guarantee. This funding was crucial in enabling Megatrade Express to enhance its production capacity and respond more effectively to customer demands. As a result of this financial support, the company experienced a significant boost in sales and improved its reputation as a reliable supplier. The loan facilitated the hiring of ten new employees, with plans for further recruitment, thereby contributing to local employment growth.

The impact of the loan was profound, allowing Megatrade Express to achieve impressive growth rates and maintain a stable pricing policy while ensuring timely supply mechanisms across the country. The funding was part of the Investment Plan for Europe, aimed at generating new investments and facilitating access to finance for small and medium-sized enterprises.