Working Capital New Start is a financing tool that enables your business to cover its liquidity needs immediately, while offering the security of a fixed installment for the entire duration of the loan.

It is suitable for small businesses and professionals with an annual turnover of up to 5 million euros and is available on preferential terms from the network of Attica Bank and former Pancreta Bank.

The interest rate* is Fixed, 4.50% plus levy of Law 128/75 (today 0.60%).

The loan is repaid in monthly or quarterly interest-bearing installments, which are paid by direct debit to a sight account that you maintain at our Bank.

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* Annual Actual Total Return (AATR): 5.48% as at 18/09/2024

• Loan Amount: €50,000
• Loan Duration: 5 years (60 months)
• Fixed Interest Rate 4.50% (plus levy of Law 128/75, currently 0.60%)
• Fixed installment amount: €947.81
• One-Time Charge: €300
  Total repayment amount €56,849.22

The indicative example of Annual Actual Total Return (AATR) above has been calculated with the following assumptions: 
1. The year is treated as having 360 days.
2. The interest rate remains unchanged throughout the repayment period of the loan.
3. Loan installments are paid on time

• Security of a fixed installment through the entire duration of the loan
• One-time disbursement without submission of supporting documents
• Fast and flexible approval process
• Early repayment without charge