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Floating interest rate loans for business premises

Build on solid foundations to see your business grow with our support.

If you’re planning to purchase new real estate property, transfer your business, expand or renovate your premises, we can support your investment plans by financing the relevant cost by up to 75%.

 

For more information see Details.

Loan features

  • Financing of the relevant cost by up to 75%
  • Loan term up to 20 years, depending on the loan amount
  • Grace period up to 24 months, depending on the loan term and purpose, with the option of interest capitalization
  • Repayment in quarterly or half-yearly amortization instalments, while the payment of interest will be effected on June 30 and December 31 each year
  • Floating interest rate, defined by the Basic Interest Rate applicable on fixed assets and equipment
  • The loan is subject to registration of a mortgage prenotation over the loan-linked or other realty.

Interest Rate – Charges

For information on interest rates and/or charges relating to the product click here.

For more information, stop by one of our Branches today!

Basic documentation

  1. Business legalization documents
  1. For businesses that keep B category account books:
  • Tax clearance certificate for the previous year
  • Ε1 and Ε3 tax forms for the last 3 years, Ε9 tax form (for the year 2005, plus any subsequent changes)
  • Current and previous year’s periodic VAT returns (where available).

       For businesses that keep C category account books:
       
Further to the above: 

  • Balance sheets for the last three years
  • Recent balance sheet and the balance sheet of the corresponding month of the previous year

For information on any additional documents required (pro-forma invoices, suppliers’ offers etc), simply visit any of our NBG branches.

  • The loan amount will be disbursed either in a lump sum or in instalments
  • Early repayment of any loan amount may be effected without additional charges
  • The loan term may be extended under specific conditions
  • Free of charge account statements will be sent to you on a quarterly basis
  • For tax purposes, a certificate of interest charged will be issued on an annual basis.