Partnership with Development Organizations

01

Business Financing – Entrepreneurship Fund II

  • DESCRIPTION
    Working Capital and investment Loans for small and medium enterprises through the Programme ''Business Financing – Entrepreneurship Fund II''.
  • IDEAL FOR
    Businesses active in:

    • Manufacturing
    • Trade
    • Services
    • Tourism
  • REPAYMENT METHOD
    • In monthly and 3-monthly instalments that pay interest and capital
  • INTEREST RATE
    Variable

    based on the Base Loan (BLR)

    or

    the Privilege Loan Rate (PLR)

    or

    Euribor 1M/3M
  • OTHER FEATURES
    • Take advantage of the favorable terms provided and choose Piraeus Bank by submitting your application at:
      www.ependyseis.gr/mis
02

Innovfin SME Guarantee Facility

  • DESCRIPTION
    Piraeus Bank, in cooperation with the European Investment Fund, participates in the "Innovfin SME Guarantee Facility" and provides loans on preferential terms (guarantee by the Fund for 50% of the loan) to innovative SME’s or Small Midcaps employing up to 499 employees.
  • IDEAL FOR
    SME’s or Small Midcaps that focus on research and innovation
  • REPAYMENT METHOD
    • In 3 monthly
    • 6 monthly
    • Or annual instalments that pay interest and capital or capital
  • INTEREST RATE

    EURIBOR
    + margin
  • OTHER FEATURES
    • Grace period up to 24 months
    • Early repayment option- no fee applies
03

Extroversion Program

  • DESCRIPTION
    Working Capital in partnership with the Export Credit Insurance Organisation (ECIO) to finance exports.
  • IDEAL FOR
    • Exporting businesses
  • REPAYMENT METHOD
    • Capital: as soon as the invoices for sales abroad have been paid
    • Interest: every 3 months, only for the capital you have used
  • INTEREST RATE
    Fixed rate at 2.88%
    current value 

  • OTHER FEATURES
    • Free Autopay for OTE, PPC, EYDAP
04

PF4EE Financial Instrument

  • DESCRIPTION
    Financing businesses with favourable terms in cooperation with the European Investment Bank and taking advantage of a dedicated collateral facility of the European Commission though the LIFE programme.
  • IDEAL FOR
    Investments that achieve improvement of the energy efficiency of:

    • buildings,
    • outdoor lighting systems, and
    • Industrial production processes
  • REPAYMENT METHOD
    • Monthly
    • Quarterly or
    • Semi-annually instalments

    Grace Period of up to 12 months
  • INTEREST RATE
    Floating Rate
    based on

    EURIBOR 1M/3M/6M
    + margin,
    reduced compared to the margin if the company was financed with funds of the Bank
  • OTHER FEATURES
    • Exception from the charge payable pursuant to Law 128/75
    • Favorable pricing for eligible businesses
    • Additional reduction in pricing for companies that support youth employment (young people 15-25 years old)
05

Development Capital - COSME Piraeus Open Business Working Capital POS

  • 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 and reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
  • IDEAL FOR
    Small & Medium businesses and professionals, with a turnover of up to € 2.5 million, to cover recurring liquidity needs against future receivables from POS sales
  • REPAYMENT METHOD
    • Repayment of the Capital:
      • automatically through POS transactions
      • free deposits
    • Minimum monthly payment of 5% of the outstanding balance (including interest and principal)
  • 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
06

Development Capital - COSME Piraeus Business Working Capital

  • 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 and reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
  • IDEAL FOR
    Small & Medium businesses and professionals, with a turnover of up to € 2.5 million to cover needs for:

    • Working capital or/ and
    • Investments in tangible or intangible fixed assets
  • REPAYMENT METHOD
    In equal monthly or 3-monthly instalments
    Payment of capital and interest
  • INTEREST RATE
    Variable

    based on the

    Base Loan Rate (BLR) of Piraeus Bank

    or

    Privilege Loan Rate (PLR) of Piraeus Bank
  • OTHER FEATURES
    Grace period

    • Up to 1 year for Working Capital
    • Up to 2 years for Investments

    Early repayment option- no fee applies

07

Development Capital - COSME Piraeus Open Business Working Capital

  • 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 and reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
  • IDEAL FOR
    Covering recurring liquidity needs
  • REPAYMENT METHOD
    • Capital repayment at any time
    • Payment of interest only for the capital you have used
  • INTEREST RATE
    Variable

    based on the Base Loan (BLR)

    or

    the Privilege Loan Rate (PLR)

    or

    Euribor 1M/3M
  • OTHER FEATURES
    Availability to provide Winbank Electronic Services without subscription
08

Development Capital - COSME Piraeus Business Working Capital Agribusiness

  • 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 and reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
  • IDEAL FOR
    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. 
  • REPAYMENT METHOD

    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

    In cases of Privilege Loan Rate (PLR)
    • 15% 3 monthly in cases of Euribor 3Μ
  • INTEREST RATE
    Variable

    based on the Base Loan (PLR) of Piraeus Bank

    or


    Euribor 3M
  • OTHER FEATURES
    Ability through Winbank to determine how to allocate to the sub-limits of the available amount resulting from the settlement of POS transactions.
09

Piraeus Bank Loans for SMEs & Midcaps - European Investment Bank

  • DESCRIPTION
    Financing SMEs and Μidcaps (up to 3.000 employees) in the form of working capital and/or investment loans with favourable terms in cooperation with European Investment Bank
  • IDEAL FOR
    Businesses active in indicative sectors:
      
    • Primary sector
    • Manufacturing
    • Trade
    • Services
    • Tourism
  • REPAYMENT METHOD
    • In 3-monthly, 6-monthly or annual instalments that pay interest and capital or capital
  • INTEREST RATE
    Floating Rate
    based on
    EURIBOR
    + margin
  • OTHER FEATURES
    • Exception from the charge payable pursuant to Law 128/75
    • Favourable pricing for eligible businesses
    • Additional favourable pricing for companies that support youth employment (15-25 years)
10

Piraeus Bank Loans - European Investment Bank under Covered Bond Issuance

  • DESCRIPTION
    Financing SMEs and Μidcaps (up to 3.000 employees) in the form of working capital and/or investment loans with favourable terms in cooperation with European Investment Bank and the support of European Fund for Strategic Investment.
  • IDEAL FOR
    Businesses active in the following indicative sectors:
    • Primary sector
    • Manufacturing
    • Trade
    • Services
    • Tourism
  • REPAYMENT METHOD
    • Instalments that pay interest and capital or capital
  • INTEREST RATE
    Preferential Pricing for eligible enterprises
  • OTHER FEATURES
    • Exception from the charge payable pursuant to Law 128/75