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Alpha Pre-Schooling social loan
Instant liquidity, no delays
Discover the features
Private nurseries or daycare centres
To receive financing, you need to own a private nursery or daycare centre that is a member of the Panhellenic Federation of Private Nursery Schools (POSIPS).
Your business must be micro, small or medium-sized.
Starting at €20,000 by assigning the vouchers
You can get a loan from €20,000 to €150,000, using as collateral:
- The vouchers corresponding to your nursery or daycare centre.
- Personal guarantees of the organisations.
Repayment through EETAA payments
When EETAA transfers to the account you use as collateral the voucher money you are entitled to:
- Up to 50% of the amount is used to repay part of the loan principal.
- The remaining amount is credited to your main account.
Interest is paid every 3 months by standing order from your main account.
For 12 months
The loan term is 12 months.
You can fully repay the loan early at no extra charge.
Floating rate
The annual nominal interest rate for the loan is floating based on the Euribor 3M + 1.90% spread.
The Law 128/1975 levy, currently 0.60%, is added to the interest rate.
Fees starting at €200
For us to review your application, you pay:
- €200 for loans up to €20,000
- €400 for loans from €20,001 to €100,000
- €600 for loans from €100,000 to €150,000
Find out if you can take out a loan
Apply provided you...
- Are a member of the Panhellenic Federation of Private Nursery Schools.
- Have contacted the Panhellenic Federation of Private Nursery Schools.
- Book an appointment at a branch near you to sign the relevant documents.
Have at hand...
If you want to start banking with us or if you haven’t updated your details:
- The required documents depending on the legal form of the company.
- The supporting documents to update your personal details.
Giving back to society
Financing through the Alpha Pre-Schooling social loan is fully aligned with ESG objectives and is part of our ongoing efforts to actively stand by the society where we operate.
The aim of the Alpha Pre-Schooling social loan is to:
- Support preschool education.
- Grant everyone access to quality facilities.
- Support gender equality.
- Ensure the viability of educational facilities and provide quality services.
- Promote female participation in the job market.
Discover our other initiatives with a social impact.
How it makes it easier for your business
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Any questions?
Find the answers you need about the Alpha Pre-Schooling social loan.
Which companies are considered micro, small or medium-sized?
According to Commission Recommendation 280/1996 and the new Recommendation 361/2003:
Micro businesses are those that:
- Employ < 10 persons
- Have an annual turnover or an annual balance sheet total ≤ €2 million
Small businesses are those that:
- Employ < 50 persons
- Have an annual turnover or an annual balance sheet total ≤ €10 million
Medium-sized businesses are those that:
- Employ < 250 persons
- Have an annual turnover ≤ €50 million or an annual balance sheet total ≤ €43 million