ASPIS PROFESSIONAL | Working Capital with Fixed Duration
 
For businessmen or freelance professionals such as yourself with financing needs on a more permanent basis, or for those with a grasp on the length of the financial aid needed, ASPIS BANK offers a Working Capital with a Fixed Duration.

Loan Purpose
The loan is granted for covering unexpected or standard business expenses.
 
Loan Terms
The loan addresses businesses active in all sectors of the economy (Light Industry, Commerce, Services) with an annual turn over of up to € 2.500.000 and in business for at least 1 year.
In addition, the loan is granted to scientists (i.e. doctors, dentists, apothecaries etc.) and to all other freelance professionals.
 
Loan Amount
The amount ranges from € 6.000 up to € 300.000. An amount of up to € 50.000 is granted with no collateral securities.
 
Duration
Up to 5 years
 
Loan Rate
Ability to select either a fixed rate or a variable commencing at 5.9%* adjusted to the client’s profile.
 
Loan Repayment
ASPIS BANK offers a wide range of flexibilities in repaying your loan, such as:
·      12 month “Grace period” (ability to defer your instalments)
·      Ability to prepay instalments by choosing to decrease the loan’s duration or the amount of future instalments
·      Ability to choose between monthly or quarterly repayments
 
* The above-mentioned interest rate, does not include a surcharge of 0,6%, applicable in accordance with L. 128/75.