Bank of Epirus: New financing products through NSRF 2021/27 to support SMEs
The Cooperative Bank of Epirus supports the development and investment plans of small and medium businesses participating in the two new Actions of the NSRF Program “Competitiveness 2021-2027”, on “Strengthening the establishment and operation of new small and medium enterprises” and the “Strengthening the establishment and operation of new small and medium tourism businesses”.
The Bank of Epirus, acting as a trusted advisor and partner of small and medium enterprises, provides access to financial resources and programmes, so that they can develop following sustainable business models. With the experience and expertise of its executives, it provides integrated solutions, both for the submission of the request and the implementation of the investment, starting with the issuance of the Certificate of Intent/Investment Financing Approval Plan for the submission of the investor’s request, with immediate evaluation of the request, issuance of the certificate and financial solutions:
- Long-term loan to cover the private participation according to the financial scheme that has been submitted
- Short-term loan to pay off the grant
- Short-term loan for VAT credit discount
Ioannis Vougioukas, managing director Cooperative Bank of Epirus
“The Bank of Epirus is the bank for small and medium enterprises. Because of our locality, we have the advantage of knowledge of the local economy and can understand better the needs of our clients by assessing the feasibility and wider benefits in local needs and conditions. We provide advisory banking, widening the access of more and more SMEs to sources of financing“.