Search

Businesses – Professionals Financial Tools
Working Capital

Businesses – Professionals Financial Tools
Working Capital

Through flexible and simplified procedures and combining knowledge of the market and many years of experience, Pancretabank actively supports small and medium-sized businesses, microbusinesses and professional freelancers, offering a variety of financing tools to cover the entire range of their credit needs. Through financing and other banking services, the Bank supports sectors such as Tourism, Trade, Manufacturing, Agriculture, Food, Energy, etc.

Specialised executives analyse your business needs and suggest solutions to both improve operational development.

Open Revolving Working Capital

TARGET CLIENTS

SMEs with recurring liquidity needs

METHOD OF PAYMENT
  • Capital: Free payment and free re-use of capital
  • Interest: Payment of interest only on the used capital.
INTEREST RATE

Variable based on Euribor

OTHER FEATURES

The amount is determined based on the turnover and the transaction volume of the enterprise. It is renewed every 12 months.
Duration up to 12 months, depending on the transactional activity.

Working Capital of a More Permanent Nature

TARGET CLIENTS

Small and medium enterprises who need to cover one-off liquidity needs

METHOD OF PAYMENT

Monthly or quarterly equal installments

INTEREST RATE

Variable based on Euribor

OTHER FEATURES
  • Duration from 1 up to 3 years
  • Grace period up to 1 year
  • Early repayment at no cost

Open Working Capital Against Customer Checks

TARGET CLIENTS

SMEs with regular liquidity needs

METHOD OF PAYMENT
  • Capital: With payment of checks
  • Interest: Quarterly, only on the used capital
INTEREST RATE

Variable based on Euribor

OTHER FEATURES

The amount is determined by the turnover and is renewed every 12 months.

Working Capital Against Approved Subsidy from Subsidised Programmes

TARGET CLIENTS

Businesses and professionals who participate in Subsidised Programmes

METHOD OF PAYMENT
  • Capital: From the disbursement of the subsidy.
  • Interest: Monthly or quarterly
INTEREST RATE

Variable based on Euribor

OTHER FEATURES

Early full or partial repayment, at no cost

Open Working Capital Against Storage Securities of Privileged CO. of General Warehouses of Greece S.A. (PAEGAE)

TARGET CLIENTS

SMEs with regular liquidity needs

METHOD OF PAYMENT
  • Capital: As per the application for release of the merchandise to which the PAEGAE Storage Security pertains.
  • Interest: Quarterly, only on the used capital
INTEREST RATE

Variable based on Euribor

OTHER FEATURES

The amount is determined by the turnover and is renewed every 12 months.

Note: The debtor pays the Law 128/75 levy, which is currently 0.60% (or 0.12% in cases where this is provided for).