COSME Piraeus Open Business Working Capital

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 and reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
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 and reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
REPAYMENT METHOD
Payment of interest only for the capital you have used and Capital repayment at any time
or 
Minimum monthly payment of 5% of the outstanding balance
INTEREST RATE
Variable

based on the Base Loan (BLR)

or

the Privilege Loan Rate (PLR)

or

Euribor 1M/3M
OTHER FEATURES
  • Ability to use the account through winbank
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 and reduced collateral (guarantee by the Fund for 50% of the loan and collateral not exceeding 30% of the amount of the loan)
REPAYMENT METHOD
Payment of interest only for the capital you have used and Capital repayment at any time
or 
Minimum monthly payment of 5% of the outstanding balance
INTEREST RATE
Variable

based on the Base Loan (BLR)

or

the Privilege Loan Rate (PLR)

or

Euribor 1M/3M
OTHER FEATURES
  • Ability to use the account through winbank