Businesses Loans

At Cooperative Bank of Epirus, we design flexible financing plans to your benefit that help you realize your business plans, meeting your financing needs.

We support every local businessperson and we promptly respond to every request, proposing solutions tailored to their particularities and needs.

Working Capital

The Bank provides working capital in order to improve the liquidity of your enterprise. You may freely use the amount, in whole or in part, without any time restrictions. You have the option to use the amount you need in order to meet the needs of your enterprise and pay interest only for the amount you have used.

Click Here for the applicable Lending interest rates.

Working Capital with Set Maturity

Enjoy the freedom you need in order to develop your business, ensuring liquidity for the implementation of your plans. Invest in the productivity of your enterprise and ensure the dynamics that will make it more competitive and efficient.

Click Here for the applicable Lending interest rates.

Loans for Fixed Facilities and Mechanical Equipment

Your plans for the purchase, construction or renovation of your business premises and the purchase or replacement of the mechanical equipment of your enterprise can now be implemented, with financing from Epirus Bank.

In this way you can boost your competitiveness, improve the quality of your products and services and reduce costs.

Click Here for the applicable Lending interest rates.

Financing for Development Plans

The Cooperative Bank of Epirus, in the context of support to small enterprises and freelancers, has developed a package of products and services in order to fully meet their needs.

For enterprises wishing to include their investment plans in the NSRF 2014-2020 activities and in other subsidized programs, we created the “EPIRUS DEVELOPMENT” program; a comprehensive proposal that includes specifically selected products and services, in order to meet their needs, from the start of the investment and until its completion.

Providing the necessary financing products, tailored to the unique requirements of each investment plan, the Bank effectively contributes to strengthening the competitiveness and openness of Greek Small and Medium-sized Enterprises.

As part of the above mentioned plans, we offer you the comprehensive EPIRUS DEVELOPMENT program, which includes:

  • Long-term investment loans.
  • Short-term financing (against assignment of the subsidy).
  • Letters of Guarantee for obtaining advance payment.
  • Working capital, against assignment of credit VAT.

Entrepreneurship Fund II

The action Entrepreneurship Funding - Entrepreneurship Fund II provides you with 40% interest-free financing for up to €500,000 for working capital and up to €1,500,000 for investment plans. The financing is based on the method of co-investment of funds by the Epirus Bank and the Hellenic Development Bank. 40% of the capital is provided interest-free by the ENTREPRENEURSHIP FUND II and the remaining 60% by Epirus Bank at a preferential interest rate.

  • Letters of guarantee for participation in competitions
  • Letters of guarantee of wellexecution
  • Letters of guarantee for well payment, etc

We issue Letters of Guarantee in euros and in foreign currency in favor of both individuals or legal entities within the country.

With Cooperative Bank of Epirus, you can enjoy:

  • Immediate and complete service
  • Immediacy and flexibility
  • Guidance and advice from experienced and specialized executive officers of the international trade department
  • International recognition
  • Competitive supplies and costs

For more information you can visit your service branch of the Cooperative Bank of Epirus or call +30 26510-59000.

TEPIX ΙΙ

With the Financial Instrument TEPIX II you secure 40% interest-free financing up to € 500,000 for working capital and up to € 1,500,000 for investment projects. The final financing comes from the joint investment capital by 60% from the capital of the Bank of Epirus with a preferential interest rate and by 40%, interest-free, from the capital of TEPIX of the Hellenic Development Bank.

EaSI Micro-Credits

Epirus Bank, recognizing the dynamics and the room for development of small and medium-sized enterprises, and aiming at further strengthening employment and promoting the healthy development of very small enterprises - especially in the current conditions -, signed with the European Investment Fund (EIF) an agreement for a total amount of €5,000,000, for financing very small enterprises in the context of the EU program for employment and social innovation (EaSI).

With the support of the European Union, the EaSI will provide guarantees to Epirus Bank, allowing it to provide micro-credits to very small enterprises which otherwise would not be able to obtain financing, or to provide financing at reduced interest rates due to the guarantees provided.

In particular, the aim of the EaSI program is to provide financial support in order for beneficiaries to obtain access to micro-credits of up to € 25,000 with the guarantee of the EIF, to meet needs both for working capital, through one-time financing, and financing for the purchase of fixed assets.

At the same time, the program also includes the provision of focused education and training programs and counseling support and direction (Mentoring services) to beneficiaries that will be included in the program.

Click Here for the applicable Lending interest rates.