Solmate LTD

Our Clients

SECTOR: FASHION

Bulgaria

Solmate LTD is the fashion company behind By Far, a designer accessories brand from Bulgaria that reinvents timeless silhouettes.

It was collectively established in 2016 by sisters Valentina Ignatova, Sabina Gyosheva and Denitsa Bumbarova.
Through their diverse interests, each founder brings a distinct voice and versatile skills to the label, cultivating design aesthetics tailored to adapt to the complexity of modern life.

In 2021, Solmate LTD needed working capital financing to support the growth of its business through the opening of physical stores in the US and China and the addition of new product categories in 2021/22.

The UniCredit Bulbank team provided Solmate LTD with a €4 million working capital revolving credit line in March 2021, supporting the company’s ambitions and growth plans, which are now well underway.

We are enthusiastic and proud to work with UniCredit Bulbank and confident that with the help of a reliable financial partner like them we can achieve our goal of triple digit growth in the next 3 years.

Strahil Pechilkov, Solmate LTD CFO

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