FAQs about financing – Liquidity

The documents verifying the details of your business.

We may ask for additional supporting documents, depending on the collateral you offer.

To offer you a business loan, we may ask for collateral.

In the form of a mortgage lien on:

• Commercial property – office, retail store, hotel, warehouse
• Home – house, apartment, housing estate
  

In the form of pledging:

• Receivables
• Equipment – mechanical or professional equipment, vehicles
• Cash

For your business financial details

For businesses with class B accounting books:

1. Copy of E3 tax form for the last 3 closed financial years. If the most recent year isn’t closed, submit periodic VAT returns instead. 
   
2. Periodic VAT returns for the current financial year and the corresponding ones for the previous year.
   
3. Copy of the latest E1 tax form, only for sole proprietorships.
   
4. ENFIA (unified property tax) certificate for legal entities.
   

For businesses with class C accounting books:

1. Balance sheets for the last 3 closed financial years, including income statements, related annex, and company stamp and signatures of representatives.
2. Subsidiary ledger trial balance for December of the previous financial year, if not closed, listing stocktaking information, activity for the period, monthly activity and balances. 
   
3. Subsidiary ledger trial balance for the current period and the corresponding one for the previous year, listing stocktaking information, activity for the period, monthly activity and balances.
4. ENFIA (unified property tax) certificate for legal entities.
   

For the investor or legal representative

1. Copy of valid ID card or passport
   
2. Tax return statement for the last 2 years or copy of the E1 tax form for each partner / main shareholder / guarantor
   
3. ENFIA (unified property tax) certificate for each partner / main shareholder / guarantor
   

Additional supporting documents

• The tax clearance certificate of your business through gov.gr.
• The insurance clearance certificate of your business through gov.gr.

You pay:

• Management fee – Covers the accounting supervision and collection of receivables, based on the assigned invoices.
• Factoring fee – The interest rate that is applied to the advance payment amount. The factoring fee is exempt from the Law 128/1975 levy, currently 0.60%.

You can only pay for products or services in relation to your farming:

• Agricultural supplies – seeds, fertilizers, pesticides, animal feed, veterinary medicine, animal feed additives
• Motor fuel
• Energy and irrigation costs
• Payment of land workers
  

You can use the credit facility card to shop at select businesses that have an Alpha Bank POS.

Any professional activity in at least 1 of the agricultural economy sectors:

• Farming
  
• Animal farming
  
• Forest production
• Mariculture (marine cultivation), sea and inland fishing
  
• Sponge harvesting
  
• Shellfish harvesting 
  
• Management of renewable energy systems up to 100ΚW
  
• Agrotourism accommodations up to 10 rooms

You can discount up to 24 instalments. 

If you want to discount more, contact the branch you are working with.

For your business

Your business must:

• Be small, with an annual turnover below €10 million
• Have a business operating license in force.
  
• Have a physical store.
  
• Not already have an active credit limit for interest-free instalment discounting or POS Liquidity. 
  

For the POS terminal

Over the last 12 months, your turnover must be at least:

• €20,000 through a Nexi POS or another POS with Nexi as the acquirer. 
  
• €33,335 with another acquirer as long as you start working with Nexi.
  

Transactions with American Express cards or through IRIS payments are not taken into account in the turnover amount.

For the sector

You cannot get the flexible POS financing if your business is exclusively a service provider, such as:

• Beauty centre 
• Membership club
• Telemarketing company 
• Telecommunications company