Partnership with Development Organizations

01

Innovation Guarantee Fund

  • DESCRIPTION
    Piraeus Bank, in collaboration with the Hellenic Development Bank – HDB participates in the Innovation Guarantee Fund and offers financing through investment loans and/or working capital to innovative small and medium-sized enterprises.
  • IDEAL FOR
    Small and Medium-sized Businesses, which intend to implement an innovative investment plan
  • REPAYMENT METHOD
    • Monthly
    • 3-monthly
    • 6- monthly or
    • annual instalments repaying
    • principal  and  interest combined
      Or
      principal and interest apart
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • Fund Guarantee for 80% of loan amount
    • Grant up to 20% of the total disbursed loan, in cases where specific innovation (15% rebate) and ESG (5% rebate) criteria are met
    • 100% grant on Guarantee Fee
    • Preferential Pricing for eligible Businesses
02

Loans in cooperation with European Investment Fund «EIF Pan European Guarantee Fund (EGF)»

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Fund participates in the EGF Guarantee Instrument 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
    • In monthly, 3-monthly, 6-monthly or annual instalments that pay interest and capital or capital
  • INTEREST RATE
    Variable

    based on Euribor

    + Margin
  • OTHER FEATURES
    • Fund guarantee for 70% of the loan
    • Favourable pricing for eligible businesses
03

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
04

Guarantee Fund HDB – TMEDE COVID-19

  • DESCRIPTION
    Working Capital, with 80% guarantee by the Hellenic Development Bank - HDB, aiming to enhance the liquidity of Small and medium-sized enterprises (SME) operating in the construction and engineering sector, which intent to undertake or have undertaken the execution of a public interest project and/or study.
  • IDEAL FOR

    Small and Medium Enterprises (manufacturers, designers, engineers) that intent to undertake or have undertaken the execution of a project and / or public interest study regardless of its stage of execution.

  • 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 according to the limits set by the De minimis regulation
05

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
06

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
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

Loans in cooperation with European Investment Bank under the Pan-European Guarantee Fund (EGF)

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Bank participates in the EGF Guarantee Instrument and grants loans to support Large Corporate and Μidcaps with preferential terms.
  • 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
    Variable

    based on Euribor

    + Margin
  • OTHER FEATURES
    • Exemption from the charge payable pursuant to Law 128/75
    • Fund guarantee for 75% of the loan
    • Favorable pricing for eligible businesses
10

Loans in cooperation with European Investment Bank
"ΕΙΒ COVID-19 RESPONSE for SMEs & MIDCAPS"

  • 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
    Variable

    based on Euribor

    + Margin
  • OTHER FEATURES
    • Exception from the charge payable pursuant to Law 128/75
    • Favourable pricing for eligible businesses