Partnership with Development Organizations

01

Guarantee Fund for COVID 19 Phase III

  • DESCRIPTION
    Piraeus Bank in cooperation with the Hellenic Development Bank – HDB provides Working Capital loans, with a guarantee rate of 80% of each loan, offered by the Guarantee Fund for COVID 19. These loans aim to support the economic activity of the enterprises that have been affected by COVID 19.
  • IDEAL FOR
    Very Small Businesses that aim to reinforce their liquidity needs due to the pandemic
  • REPAYMENT METHOD
    • In monthly or 3 monthly instalments
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • The Fund offers its guarantee up to 80% for each loan.
    • Guarantee Fee can be subsidized by the Fund
02

Audiovisual Productions Portfolio Guarantee Fund

  • DESCRIPTION
    The action "Loan Guarantee Fund for Audiovisual Production Companies" by the Hellenic Development Bank (HDB) aims to support SMEs in the Audiovisual Productions’ sector.
  • IDEAL FOR
    Small and Medium-sized Enterprises and Professionals in the Audiovisual Productions’ sector.
  • REPAYMENT METHOD
    • Monthly /quarterly /semi-annually installments (interest & amortization)
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • Grace Period up to 2 years
    • Early repayment free of charge
    • Fund guarantee for 80% of the loan
    • Collateral up to 50% of the loan amount
    • Application submission at www.ependyseis.gr/mis with bank of choice Piraeus Bank
03

Guarantee Fund HDB – TMEDE COVID-19

  • DESCRIPTION
    Working Capital, with 80% guarantee by the Hellenic Development Bank - HDB, aiming to enhance the liquidity of Public Works Contractors, in order to carry out contracted projects and / or public interest studies.
  • IDEAL FOR
    Small and Medium Enterprises (manufacturers, designers, engineers) that have undertaken the execution of a project and / or public interest studies
  • REPAYMENT METHOD
    • Monthly or quarterly installments of capital and interest
  • INTEREST RATE
    Variable

    based on Euribor
    1M/3M
  • OTHER FEATURES
    • HDB & TMEDE provide 80% guarantee for each loan
    • The guarantee fee can be subsidized by the Hellenic Development Bank - HDB
04

Development Fund of Western Macedonia (TADYM) - Working Capital with Interest Rate Subsidy

  • DESCRIPTION
    The action “TADYM - COVID19 - SMALL & VERY SMALL BUSINESSES” by the Hellenic Development Bank (HDB) aims to support businesses in the region of Western Macedonia that are adversely affected by the COVID – 19 pandemic.
  • IDEAL FOR
    Small and Very Small Businesses of in the Region of Western Macedonia affected by the pandemic.
  • REPAYMENT METHOD
    • Monthly or quarterly instalments
    • Payment of capital and interest
  • INTEREST RATE
    0%(*) interest rate

    for the first 2 years
  • OTHER FEATURES
    • The interest rate is 100%(*) subsidized by resources of TADYM for the first two years and it is fixed
    • Reduced Collateral
    • Application submission at www.ependyseis.gr/mis with bank of choice Piraeus Bank
05

Business Financing – Entrepreneurship Fund II

  • DESCRIPTION
    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 BMLR

    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
06

Guarantee Fund for COVID 19

  • DESCRIPTION
    Piraeus Bank in cooperation with the Hellenic Development Bank provides Working Capital loans, with a guarantee rate of 80% of each loan, offered by the Guarantee Fund for COVID 19. These loans aim to support the economic activity of the enterprises that have been affected by COVID 19.
  • IDEAL FOR
    SMEs and Large Corporate Enterprises that aim to reinforce their liquidity needs due to the pandemic
  • REPAYMENT METHOD
    • In monthly or 3 monthly or 6 monthly instalments
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • The Fund offers its guarantee up to 80% for each loan.
    • Guarantee Fee can be subsidized by the Fund
07

ESIF ERDF Greece Guarantee Fund (EEGGF)

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Fund participates in the guarantee instrument of the Investment Guarantee Fund (EEGGF) and grants loans to support small and medium-sized enterprises with preferential terms and reduced collateral
  • IDEAL FOR
    Small and Medium Enterprises and Professionals with the aim of enhancing liquidity and the implementation of investment plans
  • REPAYMENT METHOD
    • With equal monthly or quarterly or semi-annual interest-bearing installments(capital and interest)
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • Grace Period up to 2 years
    • Early repayment free of charge
    • Fund guarantee for 80% of the loan
    • Collateral up to 40% of the loan amount
08

ESIF- EAFRD Greece Guarantee Facility

  • DESCRIPTION
    Financing the investment plans of Farmers, SMES that are related to processing / marketing and/or development of Agricultural Products, Collective Farmer associations, with favorable terms and conditions with the ESIF- EAFRD Guarantee Facility.
  • IDEAL FOR
    • Farmers, SMEs processing agricultural products, Collective Farmer Associations
  • REPAYMENT METHOD
    • Monthly,
    • 3-monthly,
    • 6- monthly
    • yearly instalments that pay interest and capital
  • INTEREST RATE
    Variable

    based on Euribor + spread
  • OTHER FEATURES
    • The FoF provides 80% guarantee on each loan.
    • Reduced Collaterals
    • Preferential Pricing
09

EaSI Piraeus Microloan

  • DESCRIPTION
    Piraeus Bank, in cooperation with the European Investment Fund, participates in the “EaSI” guaranteeing tool and grants loans to support very small businesses and vulnerable groups on preferential terms and reduced collateral
  • IDEAL FOR
    Very Small businesses and professionals, with a turnover of up to €2 million to cover needs for:

    • Working capital or/ and
    • Investments in tangible or intangible fixed assets
  • REPAYMENT METHOD
    In equal monthly instalments Payment of capital and interest
  • INTEREST RATE
    Variable, based on the Base Loan Rate
    (BLR)
    of Piraeus Bank
  • OTHER FEATURES
    • Capital Grace Period (with interest only paid) up to 12 months
    • Early repayment option- no fee applies
10

EaSI Farmers’ Microfinance

  • DESCRIPTION
    Financing for farmers to cover the needs of agricultural production and for implementing investment plans
  • IDEAL FOR
    Farmers* to cover needs for:

    • Working capital or/ and
    • Investments in fixed assets


    *which meet the definition of micro-enterprise and are not operating in restricted sectors
  • REPAYMENT METHOD
    In monthly, 3-monthly, 6-monthly or annual instalments
  • INTEREST RATE
    Variable, based on the Base Rate for Farmers’ Loans
    (BRF)
    plus margin, plus the Law 128/1975 levy, currently at 0.12% or 0.6% depending on the farmer’s main business activity.
  • OTHER FEATURES
    • Capital Grace Period (with interest only paid) up to 12 months
    • Early repayment option- no fee applies