Just Transition Development Loan Fund

From €5,000 to €500,000

You can take out a loan from €5,000 to €500,000.

The loan is co-financed:

• 50% by Alpha Bank
• 50% by the HDB
  

With personal guarantee or other collateral

You provide personal guarantee or other collateral for up to 100% of the loan.

50% interest-free loan

You pay no interest and the Law 128/1975 levy for 50% of the loan, which is paid by the HDB. 

Floating or fixed interest rate for the remaining 50%

For the part of the loan provided by Alpha Bank you choose a fixed or floating interest rate based on Euribor + spread.

The Law 128/1975 levy, currently 0.60%, is added to the interest rate.

Up to 3% interest rate subsidy for 3 years

For the first 3 years you get up to 3% interest rate subsidy for the interest-bearing portion of the loan.

From 1 to 10 years, depending on the purpose

You repay in:

• 1 to 10 years for an investment loan
• 1 to 5 years for a working capital loan
  

Repayment based on your plans

You can adapt your loan payments according to your business needs and cash flow. You pay:

• In instalments that pay interest and capital or instalments that pay capital
• Every 1, 3, 6 or 12 months