Piraeus Bank: New programs for liquidity in SMEs in the catering sector
Piraeus Bank supports the activity of businesses in the focus sector, providing Panhellenic members Federation of Restaurant & Related Professions (POESE) the possibility of covering liquidity needs, through the product “Piraeus Business Open POS“, with special interest rate offer.
The collaboration is part of the wider framework of the memorandum of cooperation that Piraeus Bank has with IME GSEVEE and is intended to support small businesses in the catering industry.
The cooperation agreement between Piraeus Bank and POESE includes the interest rate offer of 5.90%, plus a 0.60% contribution, which will be available exclusively for applications submitted by 30/6.
Restaurant companies – members of POESE can be informed from Piraeus Bank network branches about the features and conditions for granting the product.
Flexible financial tool from the Bank of Piraeus
The “Piraeus Business Open POS” from Piraeus Bank is a flexible financing tool that provides businesses with access to working capital, according to their terminal turnover, providing them with:
- Efficient management of the company’s fund, through an Account that functions simultaneously as a Depository and as Open Working Capital.
- Autonomy in the processing of transactions 24/7/365, as it allows immediate online granting through winbank.
- Daily recycling of the limit, through direct credits from epay POS.
Who Who
The Panhellenic Federation of Restaurants & Related Professions (POESE) was founded in 1992 and is the secondary trade union body of professionals in the field of mass catering and leisure.
The aim of the Federation is the better representation of professionals and the cooperation with state and trade union bodies (Ministry of Labour, Development, Finance, Interior, KEDE, EOT, EFET, HATTA, Hoteliers Federation, Confectioners Federation, etc.) with the ultimate aim of solving the problems of the sector and creating action plans and policy implementation.
Currently POESE represents approximately 80,000 businesses throughout Greece, it is the largest sectoral federation and the businesses of the sector employ around 400,000 workers and 100,000 assisted members.