POS Instant Financing

From €10,000 to €100,000

Get a credit line from €10,000 to €100,000.

The credit limit is determined based on your business credit rating and your card transactions through Nexi POS or the Nexi XPay online payment platform.
Choose if you want:

• A revolving credit line, i.e. any time you repay an amount, your available credit limit increases by the same amount.
  

• Lump sum financing to meet specific needs.
  

Online disbursement

You get your money:

• Online through your business digital banking.

• By booking an appointment to visit a branch near you.
  

Assigning your POS collections

You secure the financing by assigning your receivables from the card acceptance agreement.

We may request personal or corporate guarantees according to our credit policy.

Floating rate 

• For a revolving credit line, the interest rate is floating based on the 3m Euribor + 4.75% spread.

• For lump sum financing, the interest rate is floating based on the 3m Euribor + 4.25% spread.
  

Law 128/1975 levy

According to Law 128/1975, all loans are subject to a levy that is paid to the Greek State.

For POS Instant Financing, the levy currently stands at 0.60%.

Have a look at the deposit and loan interest rates.

Discount on the interest rate

Secure -0.25 lower interest rate spread provided you have joined a programme for:

• Women entrepreneurship

• Young entrepreneurs

Based on your collections

You automatically repay the amount of the credit line you used, based on your daily collections through Nexi POS or the Nexi XPay online payment platform.

Apply and choose the daily collections allocation mechanism that works for you:

• 20% for repayment and 80% available in your account.

• 30% for repayment and 70% available in your account.

We assess your application based on the credit rating and turnover of your business.

Interest paid every 3 months

You pay interest every 3 months, on the credit line amount you used, either with own funds or through the daily collections allocation mechanism.

Processing fee and collateral

You make a lump sum payment depending on the financing amount.

For a revolving credit line, you pay once a year for the initial agreement or for renewal:

• €300 for amounts up to €20,000 
  

• €400 for amounts from €20,000.01 to €50,000
  

• €450 for amounts from €20,000.01 to €100,000
  

For lump sum financing, you pay a one-off fee when you sign the agreement or when you receive the amount:

• €400 for amounts up to €50,000 
  

• €500 for amounts from €50,000.01 to €100,000
  

You also pay a one-off fee for serving the cash collateral agreement and registering it with the Electronic Collateral Registry. 

Have a look at the commissions and other charges that currently apply.

Optional borrower insurance

You may also get the Business owner loan protection insurance plan we offer in cooperation with Generali. This way, if something unexpected comes up, your outstanding balance and accrued interest will be paid on time.