Up to €1.5 million for working capital
With a loan between €10,000 and €1,500,000, you can cover your new needs in working capital through the Liquidity Co-Financing Loans programme.
Up to €8 million for green transition
With an €80,000 to €8,000,000 loan for investment purposes, you can invest in green transition projects through the Green Co-Financing Loans programme.
Depending on the investment objective, you can be included in 1 out of 3 sub-programmes: Green Mobility, Green Energy and Green Renewable Energy.
Up to €1 million for digitalisation
With a €25,000 to €1,000,000 loan for investment purposes, you can invest in digital transformation projects through the Digitalisation Co-Financing Loans programme.
40% interest-free loan
40% of the loan from the Portfolio Fund is interest-free, owing to the interest-free participation of the HDB in the co-financing scheme.
For the remaining 60% balance of the loan, you can choose between floating interest rate (Euribor 3m + spread) and fixed interest rate. The Law 128/75 levy (currently at 0.60%) only applies on the interest-bearing portion of the loan.
Additional 3% interest rate subsidy for 2 years
For the first 2 years of your loan, we offer a 3% interest rate subsidy on the interest-bearing portion of the loan (60%).
The subsidy applies to:
- Liquidity Co-Financing Loans – For businesses that are financed for the 1st time by the Hellenic Development Bank.
- Green Co-Financing Loans – For all businesses
- Digitalisation Co-Financing Loans – For all businesses
From 2 to 10 years
The term of the loan depends on the loan objective and the programme you choose.
- Liquidity Co-Financing Loans: 2-5 years with a grace period option of up to 12 months.
- Green Co-Financing Loans: 2-10 years with a grace period option of up to 24 months.
- Digitalisation Co-Financing Loans: 2-10 years with a grace period option of up to 24 months.
Flexible repayment schedule
You can adapt your loan payments according to your business needs and cash flow:
- Instalments that pay just capital or interest and capital.
- Payment every 1, 3 or 6 months.
- Equal or unequal instalments with the option of having the last instalment cover up to 70% of the loan (balloon loan).
Liquidity Co-Financing Loans
As an example, you can cover expenses for:
- Raw and auxiliary materials.
- Products and services.
- Merchandise.
- Overheads.
- Operating expenses, such as payroll, promotional costs, administrative expenses, etc.
Green Co-Financing Loans
Under the Green Mobility and Green Energy programmes, you can pay for such expenses as:
- Charging stations for electric/hybrid vehicles.
- Renewable energy storage applications.
- Development/upgrade of power stations to charging stations.
Under the Green Renewable Energy programme you can:
- Cover the costs of buying or installing equipment.
- Build the facilities for generating solar, wind, geothermal power, biomass, etc.
Digitalisation Co-Financing Loans
As an example, you can cover expenses for:
- Digital infrastructure development (e.g. internet, broadband connections, cloud, mobile phone networks, satellite technologies, IoT, etc.).
- Investments in hardware.
- Investments in software and data.
- Digitalisation of services.
- IT services.
- Digital transformation services.
- Development of human resources.
- Development of a strategic monitoring system.
To get a co-financing loan from the Growth Guarantee Portfolio Fund of the Hellenic Development Bank (HDB), you have to:
Be a small-medium sized enterprise (SME) of any legal status (sole proprietorship, general partnership, limited partnership, limited liability company, private company, SA).
Fall under the eligible businesses.
Meet the Alpha Bank credit rating.
If you meet these conditions, book an appointment at your local branch to apply and submit the required supporting documents.
The programmes will be available until 30.06.2025, unless the available funds are used up before that time.
