The Attica Business Cash Open Account is ideal to ensure the necessary liquidity for the short-term needs of your business as well as for more complex needs such as imports, discounting of invoices, certifications or customer cheques.
At a glance
Interest rate
Variable interest rate, 3M Euribor plus spread from 3.50% to 8% (plus the Law 128/75 Contribution, currently 0.60%).
The interest rate depends on the creditworthiness of the customer).
Duration
Indefinite with annual renewal
Type of financing
Open account with unlimited duration and annual renewal
Financing amount
From €5.000
Collateral
In accordance with the current Credit Regulations (indicatively: real estate mortgages, post-dated customer cheques, pledged invoices, cash cover, etc.).
Eligibility
Quarterly
Loan charges
From € 400 / annual credit limit renewal costs
What are the benefits?
The Attica Business Cash Open Account ensures you the necessary liquidity to cover the short-term needs of your business or against imports, as well as the issuance of Letters of Guarantee or the discounting of invoices, certifications or your customers cheques, with the possibility of re-granting the repaid capital within the validity period of the limit.