Business Banking
Business Loan
Flexibility options:
You can choose to repay your loan earlier than your agreed repayment schedule, partially or fully
*In case of early loan repayments, there is the possibility of a prepayment fee. See the relevant formula in our Commissions and Charges table
You can combine fixed and floating interest rates. The fixed interest rate applies for the first 3 years of your loan. At the end of this period, the interest rate will switch to floating. For more details, please contact us
What securities are requested for a business loan?
Additional information:
Initial charges:
- A processing fee of 1% of the amount of the facility, with a minimum fee of €150, will be charged at the opening of the facility
- Documentation fees of €100 are applicable to all facilities (Micro, SMEs, Corporate)
- For more information about our charges, you can view our Commissions and Charges table
For more information contact us
Warning: If you fail to meet your loan repayment plan secured by mortgage, your home/property may be repossessed.
Warning: There are charges for early loan repayment (Find out more at the links: Commissions and charges & Prepayment penalty for fixed rate loans).
Warning: In case of variable interest rates, the installment amount and total cost of the facility may increase or decrease depending on variations in the base rate.
Disclaimer: Ancoria Bank Ltd may at its choice, reject an application/business relationship for legal, regulatory or other reasons and withdraw or amend any plan, at any time.
Get Started
Make an appointment
What you need to have
Required documentation:
CYPRIOT RESIDENTS
- Passport or National Identity card
- Original recent utility bill (less than 6 months old) / OR statement of EEA bank / OR local authority tax bill / OR house insurance
NON-CYPRIOT RESIDENTS
- Copy of a valid ID / Passport certified as a true copy by a state authority
- If you are temporarily residing in Cyprus and are a non-EU national, please supply a copy of your Temporary Residence Permit
If you have any questions, or simply need some help to get started
Call us on 8000 0050 or +357 22849000