Piraeus Business Photovoltaic

Long-term loan for Small and Medium-sized Enterprises which need financing for installing photovoltaic systems. It combines financing and insurance solutions.
IDEAL FOR
  • Small and Very Small Enterprises (up to m€ 2.5 turnover)
REPAYMENT METHOD
  • Monthly or quarterly instalments
INTEREST RATE
Variable

based on

Euribor 1Μ / 3M

OTHER FEATURES
  • Up to 6 months grace period
  • Additional services such as insurance coverage
IDEAL FOR
  • Small and Very Small Enterprises (up to m€ 2.5 turnover)
REPAYMENT METHOD
  • Monthly or quarterly instalments
INTEREST RATE
Variable

based on

Euribor 1Μ / 3M

OTHER FEATURES
  • Up to 6 months grace period
  • Additional services such as insurance coverage

4 reasons to invest in green products for businesses

 1.  Access to financing with preferential terms

Piraeus Bank actively supports Green Entrepreneurship and offers “Piraeus Business Photovoltaic” a financing solution for the installation of a photovoltaic system with preferential interest rates and terms depending on the client’s profile and relevant collaterals.


 2.  Flexible procedures

We have the necessary green technical know-how to ensure quick and easy financial evaluation, tailored to your needs. We also support you in any necessary decision-making throughout the implementation of the project.


 3.  Sustainable investment

The features of the green business financing and insurance package are designed to ensure positive returns early on in your investment.


 4.  The right move for the environment

With a well-designed business plan and the continuous offered support you contribute both in growing the economy and protecting the environment.


Who it concerns

Small and very small-sized Enterprises (turnover up to m€2,5) which need financing for the installation or purchase of photovoltaic systems.

How you benefit

Combination of financing and insurance solutions

Piraeus Financial Holdings SA, as an insurance intermediary, carries out the activity of distribution of insurance products, in the name and on behalf of the insurance companies with which it maintains cooperation, to provide you with modern insurance solutions for your Photovoltaic System.

Features

Loan amount

The loan amount is determined by either the decision for inclusion of the investment plan in an incentive programme or on a project-based procedure depending on the cost of the investment.


Loan Term

Up to 16 years for the acquisition of operating parks / projects
Up to 18 years for construction of parks / projects


Interest Rate

Variable interest rate, based on Euribor 1M / 3M plus a minimum spread of 3.50%, depending on the collaterals.
Interest rates are also subject to the Law 128/1975 Levy.



Repayment

Monthly or quarterly instalments, repaying interest and capital.



Grace period

Up to 6 months. During the grace period interest amount is only paid.



Disbursement

Partial instalments, depending on the progress of works.



Mandatory insurance coverage

Mandatory Fire and Earthquake Insurance for the mortgaged property.
Mandatory insurance of the photovoltaic system.

Additional Services

  • Free card issuing - Business Debit
  • Access to winbank e-banking platform services
  • Option for Corporate card issuing
  • Payroll services