Cosme Piraeus Open Business Working Capital POS

Piraeus Bank, in cooperation with the European Investment Fund, participates in the “COSME” guaranteeing tool and grants loans to support small and medium-sized enterprises on preferential terms, i.e. reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
DESCRIPTION
  • Piraeus Bank, in cooperation with the European Investment Fund, participates in the “COSME” guaranteeing tool and grants loans to support small and medium-sized enterprises on preferential terms, i.e. reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
REPAYMENT METHOD
  • Capital: Automatic repayment through the POS
  • Capital repayment at anytime
  • Minimum monthly payment of 5% of the outstanding balance
INTEREST RATE
Variable

Base Loan Rate (BLR) of Piraeus Bank
OTHER FEATURES
  • Ability to perform all of the company's payments through this account
  • Ability to use the account through winbank