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Pancreta Entrepreneurship Financial Tools
Working Capital

Pancreta Entrepreneurship Financial Tools
Working Capital

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).

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