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TEPIX III opens the doors of banks for SMEs
According to Ismeni Papakyrillou, the new financing options offered by the Hellenic Development Bank (HDB) include longer repayment terms, lower or no collateral requirements, lower or no guarantee fees, and reduced interest rates.
Over 3,000 small and medium-sized enterprises have applied for TEPIX III
In just one week, 3,000 requests were made to the 12 participating commercial banks via the Hellenic Development Bank's (HDB) platform for the first phase of the Entrepreneurship Fund (TEPIX III) procedure.
€2.2 billion from the new Entrepreneurship Fund for SMEs
The new Entrepreneurship Fund, TEPIX III, was introduced by Deputy Minister of Economy and Finance Nikos Papathanasis at a press conference held today at the offices of the Hellenic Development Bank.