POS Liquidity credit facility

From €15,000 and up to 50% of your POS transactions

Get a credit limit for up to 50% of the card transactions carried out through your Nexi POS over the last 12 months. 

The credit limit depends on:

• Your credit rating
• The transaction turnover of your business

Online disbursement

Manage your credit limit and draw the amounts you want online, through your business digital banking. 

With or without collateral

It is possible that we may request personal guarantees and/or collateral for the entire loan amount, according to our lending policy.

Floating rate with 0.50%+ spread

The interest rate is floating based on the Alpha Preferential Rate for Businesses (APRB) + 0.50% to 1.50% spread.

The APRB is lower than the basic price list and the interest rate spread depends on:

• Your credit rating.
• The transaction turnover of your business. 
• Collateral you are offering.

When the loan is secured by 100% cash collateral, the interest rate is floating based on the 3m Euribor + 2.50% to 2.75% 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 the POS Liquidity credit facility, the levy currently stands at 0.60%.

Have a look at the deposit and loan interest rates.

No maturity date

The POS Liquidity credit facility is open-ended.

It is a type of revolving loan, i.e. any time you pay an amount, your available credit limit increases by the same amount.

This way, you make better use of your receivables through credit cards, to reduce your debt and secure new financing when you need it.

Based on your POS collections 

You pay interest every 3 or 6 months for the amount of the credit limit you’ve used.

You repay the capital gradually, through:

• Your future Nexi POS collections.
• One-off payments, depending on your abilities and your business cash flow.

You choose if you want to pay both interest and principal:

• Automatically with a standing order from your business account
• Online through business web banking
• At one of our branches

For processing your request and renewing the credit facility

You pay a lump sum depending on the financing amount:

• €300 for amounts up to €20,000 
• €400 for amounts from €20,000.01 to €50,000
• €450 for amounts from €50,000.01 to €100,000
• €700 for amounts from €100,000.01 to €500,000
• €1,200 for amounts from €500,000.01 to €1,000,000

Optional borrower insurance

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