Piraeus Business Photovoltaic Working Capital

Loans for Small and Medium-sized Enterprises which need financing for the operational needs of their Photovoltaic Stations.
IDEAL FOR
  • Small and Very Small Enterprises
    (up to m€ 2.5 turnover)
REPAYMENT METHOD
  • Monthly or Quarterly instalments
INTEREST RATE
Variable
Based on

BLR

OTHER FEATURES
  • Up to 1 year grace period
  • Added 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

BLR

OTHER FEATURES
  • Up to 1 year grace period
  • Added services such as insurance coverage

4 reasons to invest in green products for businesses

 1.  Access to financing with preferential terms

Piraeus Bankactively supports Green Entrepreneurship and offers “Piraeus Business Photovoltaic Working Capital”, a financing solution, for the operational needs of Photovoltaic Stations, with preferential interest rate and terms, depending on the customer's profile and the offered collateral.


 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 €2,5 ml) which need financing for the operational needs of their Photovoltaic Station.

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 Station.

Features

The purpose of this loan is to finance the Operational Needs of your Photovoltaic System.



Loan amount

From €7.000 to €30.000


Loan Term

Up to 5 years



Interest Rate

Variable interest rate, based on BLR plus a minimum spread of -2%, 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 1 year. During the grace period interest amount is only paid.



Disbursement

One time



Mandatory insurance coverage

Equipment insurance contract with Piraeus Bank as first beneficiary (for the period of operation) as well as for loss of income.

Additional Services

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