Pancreta EASY BUSINESS - Working Capital Collateral-free is a revolving credit financing tool for small businesses and professionals who seek to ensure their smooth operation, to develop their business and to enhance their competitiveness, through the prompt coverage of their regular, seasonal and/or emergency liquidity needs. 

Pancreta EASY BUSINESS - Working Capital Collateral-free provides you the chance to:

• access financing without providing a collateral
• use freely the credit limit provided according to your needs, as they arise from the transactional cycle of your business
• repay the capital with free payments, according to your cash flow
• reuse capital that has been repaid
• pay interest quarterly, only for the loan amount that has been used

Financing Features: 

Credit limit: From €20,000 to €100,000. The amount of the credit limit is determined by the needs of each business, its turnover and its transactional cycle.
 
Duration: Up to 12 months with the potentiality of renewal 

Interest rate: Floating, based on Euribor 3M plus margin, from 5.00%, plus levy of Law 128/75 (today 0.60%).
The interest rate margin is determined by the credit rating assessment of the business. 

Find out more about the interest rates here.

Repayment: Free capital repayments according to the cash flow of each business. Payment of interest per calendar quarter and only for the amount that has been used. 

Collateral: Only personal guarantees 

Pancreta EASY BUSINESS - Working Capital Asset-based is a revolving credit financing tool that gives you the opportunity to access larger funds depending on your business needs. 

It is a flexible type of financing, which allows you to leverage assets by obtaining financing under more favorable terms, in order to ensure the smooth operation and growth of your business.

Pancreta EASY BUSINESS Working Capital Asset-based gives you the chance:

• to utilize your business assets for a more favorable pricing
• to use capital freely according to the needs that arise from your trading cycle
• of flexible repayment based on the cash flows of your business
• to pay interest only for the loan amount that has been used

Financing features: 

Loan amount: From € 25,000 to € 1,000,000. The amount of the credit limit is determined according to the needs of each business, its turnover, its trading cycle, as well as the collateral provided. 

Duration: Up to 12 months with the potentiality of renewal.

Interest rate: Floating, based on Euribor 3M, plus margin, from 2.25%, plus levy of Law 128/75 (today 0.60%). 
The interest rate margin is determined by the credit rating assessment of the business. 

Find out more about the interest rates here.

Repayment: Free capital repayments according to the cash flow of each business. Payment of interest per calendar quarter and only for the amount that has been used.  

Collateral:  Pre-notation of property or cash collateral. 

Pancreta EASY BUSINESS - Working Capital against checks and invoices is suitable for small businesses or professionals that deal with regular or seasonal liquidity needs, through the chance to pre-collect customers’ checks or invoices on credit issued to entities of the public sector.

Pancreta EASY BUSINESS - Working Capital against Checks and Invoices provides you the chance to: 

• utilize deferred claims in order to enhance your liquidity 
• pay interest quarterly and only for the capital that has been used
• finance your liquidity needs on a competitive floating interest rate

Financing Features: 

Credit limit: From € 20,000 to € 1,000,000. The amount of the credit limit is determined by the needs of each business, its turnover and its transactional cycle. 

Duration: Up to 12 months with the potential of renewal 

Interest rate: Floating, based on Euribor 3M plus margin, from 3.50%, plus levy of Law 128/75 (today 0.60%).
The interest rate margin is determined by the credit rating assessment of the business. 

Find out more about the interest rates here.

Repayment: Capital repayments through the collection of the customers’ checks or invoices.
Payment of interest per calendar quarter and only for the amount that has been used. 

Collateral: Pledge on checks or invoices on credit