The Entrepreneurship Fund III (TEPIX III) has received a significant funding boost through the reallocation of resources from the financial instruments of the 2014–2020 NSRF (ESPA) Programming Period.
By leveraging these additional resources through participating financial institutions, it is estimated that more than €330 million in new loans will be made available to small and medium-sized enterprises (SMEs) across Greece, providing businesses with greater access to liquidity and investment capital.
TEPIX III Continues to Support Greek Businesses
TEPIX III is one of Greece's most important financing programmes for SMEs, offering favourable lending terms for both investment projects and working capital needs.
To date, the programme has approved more than 11,425 loans, with a total financing volume exceeding €3 billion.
In addition:
- 90% of the businesses that have received financing employ fewer than 50 people.
- 90% have an annual turnover of less than €10 million.
These figures highlight the programme's strong focus on supporting Greece's small and medium-sized business community.
What Does the TEPIX III Loan Fund Finance?
The programme offers two main financing options:
Investment Loans
- Financing from €20,000 up to €8,000,000
- Repayment period of 60 to 144 months
- Grace period of up to 24 months
Working Capital Loans
- Financing from €10,000 up to €500,000
- Repayment period of 24 to 60 months
- Grace period of up to 12 months
Key Benefits of the Programme
One of the programme's greatest advantages is its favourable financing structure:
- 40% of each loan is interest-free, funded by the Hellenic Development Bank (HDB).
- The remaining financed amount benefits from an interest rate subsidy during the first two years.
In addition, through the TEPIX III Guarantee Fund, businesses can benefit from:
- Up to 80% guarantee coverage for investment loans of up to €10 million.
- Guarantee coverage for working capital or revolving credit facilities of up to €500,000.
This guarantee significantly improves access to bank financing by reducing the level of collateral required.
Furthermore, both financing schemes provide an interest subsidy of up to 3% during the first two years, helping businesses further reduce their borrowing costs.
AFS Handles Your Entire Application Process
A successful funding application depends not only on choosing the right programme, but also on proper preparation, a well-documented application file and a thorough assessment of your business.
At AFS – Athens Financial Services, we manage the entire process on your behalf — from the initial eligibility assessment and preparation of your application file to the submission of your application and ongoing follow-up throughout the approval process.
If you are interested in securing financing through TEPIX III, simply complete our contact form and one of our experienced consultants will get in touch to assess your business needs and guide you through the application process from start to finish.
Alternatively, you can contact us directly:
📞 210 8317 702
📧 info@afs.gr
