Partnership with Development Organizations

01

HDB Guarantee Fund TEPIX ΙΙΙ

  • DESCRIPTION
    Piraeus Bank, in collaboration with Hellenic Development Bank-HDB, participates in the "Guarantee Fund TEPIX III", offering financial solutions for investments and working capital needs that combine guarantee on :

    –  70% of the loan principal amount to SMEs (Subfund General Entrepreneurship) or
    –  80% of the loan principal amount to small and/or micro enterprises (Subfund Start-ups Entrepreneurship)

    And

    A two-year interest rate subsidy of up to 3%*

    **under conditions

  • IDEAL FOR

    Micro, Small and Medium Enterprises intending to implement a business plan, with the use of financing bearing investor friendly terms.

  • REPAYMENT METHOD
    • Monthly,
    • Quarterly,
    • Quarterly,
    • repaying
    capital and interest combined
    or
    capital and interest apart

    • Balloon payments

    For revolving credit lines:

    • Payment of interest based on the disbursed loan capital and conversion of it into a term loan for the remaining duration of the 5-year period or
    • Repayment of capital at regular intervals or in periods for the duration of the credit line and conversion into a term loan until its full repayment.
  • INTEREST RATE
    Fixed
    for the entire loan duration
    or
    Variable
    Based on Euribor 1m / 3m / 6m
  • OTHER FEATURES
    • Guarantee on 70% of the loan principal amount (all SMEs) or 80% for newly established businesses
    • Reduced collaterals
    • Up to 3% subsidy* of the interest for the first 2 years of the loan
02

HDB Loans Entrepreneurship Fund III

  • DESCRIPTION
    Piraeus Bank, in collaboration with EAT-HDB participates in the "Entrepreneurship Fund III" and offers you financing solutions that combine interest-free financing for 40% of the loan as well as a two-year interest rate subsidy of up to 3%* with the aim of strengthening and the well-being of existing and newly established SMEs.

    Funding is provided in the form of:

    –  Investment Loans
    –  Special Purpose Working Capital Loans

    * The two-year subsidy of up to 3% is provided by the Fund for 60% of the loan, financed by the Bank's funds, for companies implementing an investment plan, or - in the case of a special purpose working capital loan - for companies participating for the first time in an HDB program and on the condition that they will be bank aware or have a delay of less than or equal to 90 days (≤ 90 dpd) on the specific loan.

  • IDEAL FOR

    Very Small, Small and Medium Enterprises that intend to implement a business plan, which submission is obligatory, and seek preferential financing against documents, in this context.

  • REPAYMENT METHOD

    • Monthly
    • Quarterlyly
    • Semi-annual,
    • Annual installments repaying capital and interest combined

    or

    capital and interest apart Balloon payments**

    **Only for Working Capital to Medium Enterprises and on the condition that the remaining capital due will not be grater than 70% of the disbursed loan at the last 25% of the total term of the loan

  • INTEREST RATE
    Fixed
    for the entire loan duration
    or
    Variable
    Based on Euribor 3m
  • OTHER FEATURES

    Preferential pricing from:

    • Interest-free co-financing by 40% from HDB
    • Up to 3% subsidy* of the interest for the first 2 years on the rest 60% of the loan amount
03

InvestEU Sustainability loans in cooperation with EIF

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Fund, offers the financing of the guarantee Fund InvestEU Sustainability to Small Medium Enterprises and small Mid-Caps, on preferential terms and reduced collaterals.
  • IDEAL FOR
    Small Medium Enterprises and small Mid-Caps aiming to enhance sustainable entrepreneurship, supporting investments related to the green transition through energy production from renewable sources, energy saving investments and energy upgrading of building and mechanical infrastructures.
  • REPAYMENT METHOD
    • monthly
    • quarterly
    • semi annually
    • annual installments
      that pay principal & interest
    • only interest payments for revolving credits, for the first 4 years
  • INTEREST RATE
    Variable

    based on BLR, BMLR, BRF or Euribor

    + spread
  • OTHER FEATURES
    • Favourable pricing for eligible businesses
    • EIF Guarantee for 80% of the loan amount
    • Reduced collaterals
04

InvestEU SME Competitiveness loans in cooperation with EIF

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Fund, offers the financing of the guarantee Fund InvestEU SME Competitiveness to enhance the competitiveness of Small Medium Enterprises, on preferential terms and no additional collaterals.
  • IDEAL FOR
    Small and Medium Enterprises, professionals and farmers aiming to enhance their liquidity and implement investment plans
  • REPAYMENT METHOD
    • monthly
    • quarterly
    • semi annually
    • annual installments
      that pay principal & interest
    • only interest payments for revolving credits, for the first 5 years
  • INTEREST RATE
    Variable

    based on BLR, BMLR, BRF or Euribor

    + spread
  • OTHER FEATURES
    • Favourable pricing for eligible businesses
    • EIF Guarantee for 50% of the loan amount
    • No additional collaterals
05

InvestEU Innovation & Digitalisation loans in cooperation with EIF

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Fund, offers the financing of the guarantee Fund InvestEU Innovation & Digitalisation to Small Medium Enterprises and small Mid-Caps, on preferential terms and reduced collaterals.
  • IDEAL FOR

    Small Medium Enterprises and small Mid-Caps aiming to enhance Research and Innovation, as well as to support the uptake of digital technologies and their digital transformation.

  • REPAYMENT METHOD
    • monthly
    • quarterly
    • semi - annual
    • annual installments that pay principal & interest
    • only interest payments for revolving credits, for the first 4 years
  • INTEREST RATE
    Variable based on BLR, BMLR, BRF or Euribor

    + spread
  • OTHER FEATURES
    • Favourable pricing for eligible businesses
    • EIF Guarantee up to 80% of the loan amount
    • Reduced collaterals
06

Invest EU Microfinance loans for very small enterprises

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Fund, offers the financing of the guarantee Fund InvestEU Microfinance to enhance the competitiveness of Very Small Enterprises, on preferential terms and no additional collaterals.
  • IDEAL FOR

    Very Small Enterprises, professionals and farmers aiming to enhance their liquidity and implement investment plans.

  • REPAYMENT METHOD
    • monthly
    • quarterly
    • semi - annual
    • annual installments that pay principal & interest
    • only interest payments for revolving credits
  • INTEREST RATE
    Variable based on BLR, BMLR, BRF

    + spread
  • OTHER FEATURES
    • Favourable pricing for eligible businesses
    • EIF Guarantee for 80% of the loan amount
    • No additional collaterals
07

Development Law Financial Instrument Guarantee Fund (DeLFI GF)

  • DESCRIPTION
    Piraeus Bank, in collaboration with the Hellenic Development Bank–HDB participates in the Development Law Financial Guarantee Fund “DeLFI GF” and offers financing to small and medium enterprises to implement their investment plan that has been subject to an aid scheme of the Development Law 4887/2022.

    Financing is offered with preferential terms and reduced collateral through:

    –  Long Term Loan: investment loan to cover private participation
    –  Short Term Loan: working capital in advance of the grant

  • IDEAL FOR

    Micro, Small and Medium Enterprises that have received approval to be included in an aid regime of the Development Law 4887/2022.

  • REPAYMENT METHOD

    Long Term Loan:

    • Monthly
    • 3-monthly
    • 6- monthly or
    • annual instalments

    Repaying :

    principal & interest combined or
    principal & interest apart

    Short Term Loan :

    • Bullet payment


  • INTEREST RATE
    Variable Based on Euribor 3m
  • OTHER FEATURES
    • Fund Guarantee for 80% of loan amount
    • Reduced collaterals
    • Selected type of guarantee fee:

      –  with state aid
      –  without state aid

08

InvestEU Cultural & Creative Sector loans in cooperation with EIF

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Fund, offers the financing of the guarantee Fund InvestEU Cultural & Creative Sector to Small Medium Enterprises and small Mid-Caps, on preferential terms and reduced collaterals.
  • IDEAL FOR

    Small Medium Enterprises and small Mid-Caps involved in the Cultural and Creative sector, aiming to support their investment plans.

  • REPAYMENT METHOD
    • monthly
    • quarterly
    • semi - annual
    • annual installments that pay principal & interest
  • INTEREST RATE
    Variable based on BMLR or Euribor

    + spread
  • OTHER FEATURES
    • Favourable pricing for eligible businesses
    • EIF Guarantee up to 80% of the loan amount
    • Reduced collaterals
09

HDB Green Co-Financing Loans

  • DESCRIPTION

    Piraeus Bank, in collaboration with the Hellenic Development Bank – HDB offers you financing with preferential terms, by combining a two-year subsidy of interest with partly interest-free financing, aiming at financing business investment plans that will involve green investments.

    The loans are co-financed by a Fund managed by the Hellenic Development Bank (HDB), with resources financed by the Greek State and the European Investment Bank.

  • IDEAL FOR

    Micro, Small and Medium -sized Enterprises that wish to invest on their green upgrade with preferential terms

  • REPAYMENT METHOD
    • Monthly
    • 3-monthly
    • 6-monthly or
    • annual instalments

    repaying
    principal and interest combined
    or
    principal and interest apart
  • INTEREST RATE
    Fixed for the entire loan duration

    or

    Variable Based on Euribor 3m
  • OTHER FEATURES
    Preferential pricing from:

    • Interest-free co-financing by 40% from HDB

      &
    • 3% subsidy of the interest for the first 2 years on the rest 60% of the loan amount
10

HDB Digitalization Co-Financing Loans

  • DESCRIPTION
    Piraeus Bank, in collaboration with the Hellenic Development Bank – HDB offers you financing on preferential terms combining a two-year subsidy of interest with partly interest-free financing, aiming at:

    • digitizing and digitally upgrading operations/activities,
    • increasing productivity,
    • expanding and creating new jobs for small and medium-sized businesses
    The loans are co-financed by a Fund managed by the Hellenic Development Bank (HDB), with resources financed by the Greek State and the European Investment Bank.
  • IDEAL FOR
    Micro, Small and Medium - sized Enterprises that wish to digitize and digitally upgrade their operations/activities with preferential terms
  • REPAYMENT METHOD
    • Monthly
    • 3-monthly
    • 6-monthly or
    • annual instalments

    repaying
    principal and interest combined
    or
    principal and interest apart
  • INTEREST RATE
    Fixed for the entire loan duration

    or

    Variable Based on Euribor 3m plus margin
  • OTHER FEATURES
    Preferential pricing from:

    • 40 % interest-free funds through co-financing from HDB

      &
    • 300 basis points (3%) interest rate subsidy for the first 2 years on 60% of the loan amount