Alpha Bank offers up to €5M financing with 70% guarantee from the EIF

The eligible SMEs that will participate in the “EGF”, can be financed by Alpha Bank to cover the costs of implementation of investment and development plans and to meet the needs of working capital with the following favorable terms:

• Maximum amount of funding, up to the Euro 5 million.

• Duration of funding up to 10 years, with the possibility of a grace period.

• Preferential interest rate, due to the transfer of benefit from the EIF Guarantee.

• Flexibility of repayment with multiple ways of service and forms of financing (Loans and Revolving Credit Limits).

The funding benefits from support from the EGF Guarantee Facility, implemented by the EIF, with financial support from Member States contributing to the EGF. To submit the request, interested parties can contact the Business Customer Relations Officers and Alpha Bank Branches, while more information is available on the Bank’s website.