Business Rent Loan

Business Rent Loan at a glance

 

 

 

With Business Commercial Property Rent Loan, you no longer need to be restricted to commercial premises that are no longer suitable for your business needs, due to the cash flow constraint of having to make a single bullet advance rent payment.

 

 

My Business Commercial Rent Loan allows you to spread your annual property rent into 12 convenient monthly payments. This loan facility is available for most types of commercial property (shops, offices, warehouses, factories, clinics). Each monthly repayment is conveniently debited directly from your My Business Bank Account.

 

 

 

Features and Benefits

 

◢   Convenience of spreading annual commercial property rental costs into 12 monthly payments

◢   Low interest rate charges

◢   No collateral requirements

◢   Fast decisions and minimum documentation requirements.

 

 

 

Eligibility Criteria

 

 

◢   Open to all registered business entities operating in the trading, manufacturing, professional or service sectors.

◢   Business operating for at least one year, with annual sales turnover of €1,000,000 or over.

◢   Applicants should be between 25-65 years during the finance tenure.

◢   Minimum of 6 months relationship with National Bank of Greece or another bank, maintaining a minimum bank account

      balance of €25,000.

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