EIB Loan for Green Investments

The purpose of the financing is to support investment projects and/or to provide liquidity to businesses.

The program aims mainly to promote the development of “green” investments, supporting the transition to low-emission societies and the adoption of measures for climate action and environmental protection.

The loan amount can be up to €12.5 million.

From 2 to 8 years for working capital

From 2 to 12 years for investment loans and up to 15 years for loans financing green investments.

Up to 24 months for working capital.

Up to 36 months for investment loans.

During the grace period only accrued interest is payable.

Euro (€)

Floating based on Euribor plus spread.

Interest rate notes

• The spread will be reduced at least by 25 basis points per year, when compared with the margin that would apply in the case the loan were funded with the bank’s own resources.
• The spread will be reduced by an additional 20 basis points per year, for loans granted to companies that meet the conditions of the EIB's "Jobs for Youth" initiative, i.e. companies that employ young people between 15 and 29 years old.
• These loans are exempt from the charge payable pursuant to Law 128/75.

The customer's final interest rate is determined based on the Bank's current pricing policy and the customer's Credit Rating assessment.

Monthly, quarterly, semi-annual or annual installments

The installments pay off:

• Interest and principal
• Interest only, if there is a grace period

One-off or gradual instalments.

Early partial or full repayment is possible without any charge.

The amount of the early payment is not re-granted.

The availability of the program expires on 13.12.2026, unless the program budget is exhausted earlier.

“The financings are provided with the support of the European Investment Bank”

The following companies are eligible:

• Small and Medium Enterprises of any legal form, which employ less than 250 employees (full-time equivalent).
• MidCaps, which employ between 250 and 3.000 employees (full-time equivalent).
• Companies that are located, operate and will invest in Greek territory
• Companies in which the Public Sector or the Broader Public Sector, or a Local Government Organization does not participate in a percentage greater than 25%
• Companies that have an eligible NACE CODE

For the eligible NACE CODES please click here

1) Working Capital

Working capital expenses related to financing the company’s commercial/operational cycle, such as:

• Purchase of goods
• Purchase of raw materials

2) Investment Loans

The program aims mainly to expenses related to ”green” investments such as the construction of Renewable Energy Sources (RES).

Moreover, all standard investment expenses are eligible, such as purchase, construction, expansion, or renovation of business premises, acquisition of tangible and intangible assets, research and development expenses, purchase of licenses, software, etc.

Financing for land acquisition is allowed only if it is necessary for the implementation of the project and does not exceed 10% of the total investment cost.

• Purchase of agricultural land
• Real estate activities
• Taxes such as Value Added Tax (VAT), even when non-recoverable
• Taxes or duties related to imports or exports

Financial expenses such as refinancing/restructuring of existing loans, purchase of shares, etc.