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, i.e. reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
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REPAYMENT METHOD
- In equal monthly or 3-monthly instalments
Payment of capital and interest
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INTEREST RATE
Variable
Base Loan Rate (BLR) of Piraeus Bank
or
Euribor 1Μ/3M
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OTHER FEATURES
Grace period
- Up to 1 year for Working Capital
- Up to 2 years for Investments
Early repayment option- no fee applies
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