Sole proprietorships and firms with turnover less than €2.5 million.
NBG’s Business Multiloan can help you with various business needs, such as:
- purchasing a car for your firm
- purchasing mechanical and other equipment
- purchasing intangible assets (e.g. patents, software, trademarks, entry fees for franchising)
- restoring / improving owner-occupied business premises or property for utilization
- purchasing / building business premises for use by your business or property for utilization (purchase of land also financed)
- enhancing business liquidity though real estate collateralization (which should also serve to finance the difference between the purchase price and the fair value of land or business premises you may wish to purchase).
From €10,000. For loans up to €50,000 for purchasing mechanical equipment, intangible assets or improving business premises, no documentation required.
Business Multiloan is granted for the following duration:
- for purchasing a business car, up to 15 years
- for purchasing mechanical and other equipment, up to 15 years
- for purchasing intangible assets, up to 15 years (up to 20 years for loans over €100,000)
- for improving owner-occupied business premises or property for utilization, up to 15 years
- for purchasing / building business premises, up to 25 years, and
- for enhancing liquidity by means of security over property
- up to 25 years, for loans granted supplementary to loans for purchasing land / business premises
- up to 7 years, for restructuring your firm’s debts.
Up to 18 months, depending on the term and the purpose of the loan, with or without capitalization of interest.
Through equal amortization instalments (monthly, quarterly or semi-annually).
Interest rates - Charges
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