Piraeus Bank offers to the small and medium sized enterprises attractive financing opportunities.
Working Capital Loan
- Credit lines for working capital and/or issuing of bank guarantees and letters of credit for a term of 12 months with a revolving option;
- Credit line for a period of up to 3 years with an annual renewal of the absorption period and pre arranged repayment scheme if desired by the client;
- Credit Line for VAT financing for a period of 6-12 months;
- Commercial financing for the purchase of prime and raw materials;
- Issuing of bank guarantees and letters of credit with a deadline indicated by the beneficiary;
- Discounting of letters of credit.
Interest Rates and Fees:
The interest and the fees for the working capital loans are negotiable.
The structure of the collateral is determined by the client's resources.
The fees for the issuance of letters of credit and bank guarantees are negotiable.