Piraeus Business Premises & Equipment

Long-term loan for covering investment expenses
IDEAL FOR
  • Building, finishing and renovating business premises
  • Buying equipment
  • Making intangible expenses
REPAYMENT METHOD
  • In monthly, 3-monthly or 6-monthly instalments
INTEREST RATE
Variable
based on the BMLR
OTHER FEATURES
  • Up to 2 years grace period
  • Early repayment option without penalties

How you benefit

Grace period

You get 2 years grace period with Piraeus Business Premises & Equipment.


Long-term financing

The maximum repayment term for the Piraeus Business Premises and Equipment loan is either 10 or 25 years depending on the type of investment ( Equity or Business Premises respectively).


Preferential rates

Free or low-cost transactions:

  • Special payroll pricing
  • Free winbank subscription

Financing Features

Amount

Depending on the amount of the investment



Duration

  • Up to 10 years, in case of investment in Equipment.
  • Up to 25 years, in case of investment in Business Premises



Interest Rate

Variable interest rate, based on the Base Medium-Long Term Loan Rate (BMLR)
Interest rates are also subject to the Law 128/1975 levy. Today it stands at 0.60% (or 0.12% where this is foreseen).



Disbursement

Partial instalments, depending on the progress of works.



Repayment

In monthly, 3-monthly or 6-monthly instalments. During the grace period you only pay the interest.



Grace period

Up to 2 years



Early repayment option

Early repayment option without penalties