Piraeus Business Working Capital

Working Capital Loan, one-off disbursement & fixed repayment plan.
DESCRIPTION
  • Working capital loan with one-off disbursement and a fixed repayment plan.
REPAYMENT METHOD
  • In equal monthly or 3-monthly instalments
INTEREST RATE
Variable

based on the BLR
OTHER FEATURES
  • Up to 1 year grace period
  • Early repayment without penalties
  • Free Autopay for OTE, PPC, EYDAP

Features

Amount

From €15,000. The amount is determined based on the turnover and transaction volume of each business. The working capital amount is renewed every 12 months.



Duration

Up to 3 years.



Interest Rate

Variable, based on:

  • The Base Loan Rate (BLR) of Piraeus Bank – or
  • The Privilege Loan Rate (PLR)

nterest rates are also subject to the Law 128/1975 levy. Today it stands at 0.60%.



Repayment

In monthly or 3-monthly instalments:

  • Payment of capital and interest
  • Payment of capital only

During the grace period you only pay the interest.



Grace period

Up to 1 year.



Early repayment option

No fee applies. The early repayment amount cannot be reissued.

What added benefits does Piraeus Business Working Capital offer

Cash for Business debit card

Corporate or personal card with no annual fee for the first year. Use it for transactions:

  • At ATMs
  • At easypay machines
  • At businesses featuring the VISA / VISA Electron logo


Preferential rates

  • Automatic payment of public utility bills without commission
  • Special payroll pricing
  • Free winbank subscription