The Sub-Program A of the Action of the National Economic and Social Development Fund (ESPA 2014-2020) "Business Financing of the Entrepreneurship Fund II (TEPIX II)" remains open for electronic submission of business financing requests, for Investment loans.
The HELLENIC DEVELOPMENT BANK, through the Entrepreneurship Fund II, in collaboration with 10 commercial banks and with funding from the Operational Program "Competitiveness, Entrepreneurship, Innovation" of the Ministry of Development and Investments, lists yet another important supporting tool for the implementation of investment plans in order to immediately take advantage of the new favorable environment for restarting the economy.
The HELLENIC DEVELOPMENT BANK, for the Entrepreneurship Fund II, cooperates with the following financial institutions:
- Piraeus Bank
- Alpha Bank
- Eurobank
- National Bank
- Bank of Attica
- Pankritia Bank
- Cooperative. Bank of Chania
- Cooperative Bank of Epirus
- Cooperative Bank of Thessaly
- Cooperative Bank of Karditsa
The conditions of the program are:
- Interested companies should be Very Small, Small and Medium
- The amount of investment loans should range from 25,000 euros up to 1,500,000 euros
- The loan repayment period ranges from 5 to 10 years with the possibility of a grace period of up to 36 months
The loans will be granted by the 10 cooperating banks, with particularly favorable conditions for businesses with the possibility of a grace period of up to 2 years and with a significantly reduced interest rate.
The interested companies, after submitting the application of interest to the bank of their choice, are evaluated by the bank for the possibility of receiving the loan.