Working Capital Limits

The product at a glance

Purpose of funding

We provide you with the necessary working capital for your business to enable you to provide more credit to your customers or pay your suppliers on time.

Amount of funding

The amount depends on the needs of your business and is finalized after an assessment of your financial data.

Method of repayment

You can repay the capital at regular intervals or periods adapted to your company's business cycle.

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NBG's digital transformation always takes mature and stable steps. This way it becomes a catalyst for us, aiding our operations.

Gianna Ioannidou

Managing Director at All Web Solution SA

Detailed information

How do I use the product?

You can finance your working capital needs:

- Either through open accounts
- Either against receivables so that you can convert your business assets, such as customer checks and sales invoices on credit, into cash.

The product gives you the flexibility to adapt the use of the working capital limit to your company's trading cycle, with the possibility to reallocate the capital repaid within the limit's validity period.

What is the duration of my limit?

Up to one (1) year with the possibility of renewal.

When do I pay interest?

The product is disbursed every six months at a variable interest rate, determined by the base rate for working capital.

Am I required to pay collateral to receive the funding?

The usual collateral and security (pledge of checks/counterclaims, guarantee of individuals, collateral security, etc.) are taken.

How will I be updated about my account?

For the movement of your account, an informative statement is sent quarterly, free of charge.

What costs will I have to pay?

To find out about the costs of the product click here.