HDB-TMEDE Guarantee Fund (working capital for construction and engineering firms)
Hellenic Development Bank and TMEDE (engineers' and public-works contractors' fund)
Ελληνική Αναπτυξιακή Τράπεζα – ΕΑΤ (Hellenic Development Bank – HDB)
In plain words
A working-capital loan of up to €400,000 for construction firms and engineering/design offices carrying out a public project or study, with an 80% HDB guarantee. The guarantee fee is fully paid by the fund and collateral is at most 20%. Loans must be paid out by 31 Dec 2026.
Who can apply
Micro, small and medium businesses with activity codes 41, 42, 43 (construction), 71.1, 71.2 (architects, engineers, technical testing) or 72.1 (research) that have taken on, or want to take on, a public works project or study.
What it pays for
Fixed-term working-capital loans of up to 5 years (including grace). Not for refinancing, dividends or acquisitions.
What must be true for you
Tick what applies. Saved on this device only.
- Eligible activity code (41, 42, 43, 71.1, 71.2, 72.1) and a link to a public works project or study.
- Creditworthy for the bank; arrears under 90 days.
- Collateral of at most 20% of the loan.
How to apply
- Choose a partner bank (Piraeus, Alpha, Eurobank, National Bank, CrediaBank, Optima, Karditsa or Thessaly cooperative banks).
- File an expression of interest on the state-aid system ΠΣΚΕ ependyseis.gr/mis naming the bank.
- Give the bank the public project/study details and your financial statements.
- Sign and draw the loan by 31 Dec 2026.
Where to apply: ΠΣΚΕ – Πληροφοριακό Σύστημα Κρατικών Ενισχύσεων (ependyseis.gr/mis) + συνεργαζόμενη τράπεζα / state-aid system + partner bank
Deadline
No application deadline, but loans must be paid out by 31 Dec 2026 – apply as soon as possible.
Sources we read
Research notes: Loan portfolio €95m; disbursement horizon 31.12.2026; terms amended 03.2026, eligible ΚΑΔ list updated 05.2026. No minimum loan stated. TMEDE membership is not stated as a condition. With disbursement ending 31.12.2026 the window is effectively closing – confirm with the bank.