The Working Capital for Small Businesses Account is ideal to ensure the necessary liquidity for the short-term needs of your business as well as for more complex needs such as imports, discounting of invoices, certifications or customer cheques.

What are the benefits?

The Account ensures you the necessary liquidity to cover the short-term needs of your business, while indicatively it can also be used for:

• Financing against imports,
• For the issuance of Letters of Guarantee or the
• For discounting your invoices, certificates or customers cheques

with the possibility of re-granting the repaid capital within the validity period of the limit.

Visit one of our Branches and learn more.  

Interest rate : Variable interest rate, 3M Euribor plus spread from 3.50% to 8% (plus the Law 128/75 Contribution, currently 0.60%).
The interest rate depends on the creditworthiness of the customer.

Duration : Indefinite with annual renewal

Type of financing : Open account with unlimited duration and annual renewal

Financing amount : From €5.000

Collateral : In accordance with the current Credit Regulations (indicatively: real estate mortgages, post-dated customer cheques, pledged invoices, cash cover, etc.).

Eligibility : Quarterly

Loan charges : From € 400 / annual credit limit renewal costs