Piraeus Repowering

Small and micro enterprises with a turnover of up to €m 2,5, wishing to invest in the replacement or renewal of fixed equipment of the Photovoltaic System to increase productivity.

Indicatively:

• Replacement of all panels and/or
• Replacement of all inverters and/or
• Installation of uniaxial or biaxial bases

1 - 12 years

Options:

In instalments with the possibility of advance payment up to:

• 70% of the loan with the presentation of invoices/pre-invoices (on credit or paid)
• 30% of the loan with the presentation of invoices and prior certification by a cooperating appraiser certifying the completion of the replacement or renewal of the equipment

or

One-time: By transfer to the suppliers of the equipment to an account held at Piraeus Bank or by bank cheque/remittance to another bank

Monthly or quarterly instalments.

Instalments pay off:

• Interest and capital
• Interest only, if there is a grace period

Mandatory insurance coverage

• Mandatory Fire and Earthquake Insurance for the mortgaged property.
• Mandatory insurance of the photovoltaic system.

• Free card issuance- Business Debit
• Access to Piraeus e-banking services