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)
Businesses active in:
Small & Medium businesses and professionals, with a turnover of up to € 2.5 million that are operating in the agricultural labor supply sector and need working capital.
Capital: Direct linking of the company's loan account with the Piraeus Bank's installed POS and impairment of the debit balance
Capital repayment at anytime
Minimum monthly payment of the outstanding balance (interest and capital included)
- 5% monthly
- 15% 3 monthly
- 30% 6 monthly
In cases of Privilege Loan Rate (PLR)
- 15% 3 monthly in cases of Euribor 3Μ
Variable, based on the
Privilege Loan Rate (PLR) of Piraeus Bank
Ability through Winbank to determine how to allocate to the sub-limits of the available amount resulting from the settlement of POS transactions.