TEPIX III Guarantee Fund – micro and small businesses up to 5 years old (80% state guarantee)

In plain words

For young businesses up to 5 years old: HDB guarantees 80% of the bank loan with no guarantee fee and cuts the interest rate by 2–3 points for the first 2 years. Investment loans up to €1.5m and working capital up to €200,000. The bank still decides whether to lend.

Who can apply

Micro and small businesses (under 50 staff) up to 5 years old, in an eligible activity code, with tax and social-security clearance.

What it pays for

Investment loans of 5–10 years (up to 24 months grace) up to €1,500,000 and working-capital loans/revolving credit of 2–5 years up to €200,000; €1.5m in total per business. Interest subsidy of 2 points in Attica and South Aegean, 3 points elsewhere, for 2 years.

What must be true for you

Tick what applies. Saved on this device only.

• Micro or small business up to 5 years old, in an eligible activity code.
• Tax and social-security clearance; no debts over 90 days overdue.
• Registered in the Beneficial Owners Register and ESG Tracker completed.
• Bank credit approval; above €50,000 the bank may ask for real collateral up to 30%.

How to apply

1. Pick one or more partner banks (e.g. National Bank, Piraeus, Alpha Bank, Eurobank, Optima, CrediaBank, Bank of Epirus, cooperative banks of Thessaly, Karditsa, Chania).
2. Apply on HDB's KYC platform (kyc.hdb.gr) with your company details and business plan; tax/social-security clearance and credit-bureau (Tiresias) checks run automatically.
3. The request goes to the banks you chose; when one makes a non-binding offer you get a unique code.
4. Use the code to file the application on the state-aid system ΟΠΣΚΕ (app.opske.gr).
5. Fill in the ESG Tracker self-assessment (esgtracker.hdb.gr) – mandatory, but it does not affect eligibility.
6. Hand the documents to the bank, which checks your creditworthiness and signs the loan agreement with you.

Where to apply: Πλατφόρμα KYC της ΕΑΤ (kyc.hdb.gr) + ΟΠΣΚΕ (app.opske.gr) + συνεργαζόμενη τράπεζα / HDB KYC platform + OPSKE state-aid system + partner bank

Deadline

Apply any time through a partner bank until funds run out (disbursement by 31 Dec 2029 at the latest).

See also

• TEPIX III Guarantee Fund – General Entrepreneurship (state-guaranteed bank loans)apply any time · All of Greece
• TEPIX III Microcredit Fund (micro-loans of €3,000–€25,000)apply any time · All of Greece
• InvestEU-guaranteed business loans through Greek banks (EIF / EBRD)apply any time · All of Greece
• HDB-TMEDE Guarantee Fund (working capital for construction and engineering firms)until the money runs out · All of Greece