POS Instant Financing: Alpha Bank's new solution with Nexi for SMEs

The POS stops being simply the machine that accepts cards and becomes a way for a business to draw liquidity when it needs it.

POS Instant Financing: Alpha Banks new solution with Nexi for SMEs

This article is an AI translation of an original piece published in Greek. Read original

The POS Instant Financing, a new solution for small businesses and self-employed professionals, is being introduced by Alpha Bank. The bank gives the business money now, and the business repays it gradually through the receipts it makes with cards, at Nexi POS terminals and in the online store through the Xpay e-commerce platform.
 
Therefore, the business draws liquidity from its own turnover, without complicated procedures.

One complete solution, two options

The main advantage of the POS Instant Financing solution is that, through a single product, the business can choose between two financing methods, depending on what suits it:
  • A one-off amount, which it receives once for a specific need and repays gradually.

 

  • A revolving limit, so that it can draw money again and again whenever it needs it, like a credit line.

 

This makes the solution complete: it covers both the business that wants an amount once, and the one that wants a steady "pool" of money to draw from whenever needed.

Payments according to turnover

The logic of "pay as you collect" makes financing more immediate, more predictable, and closer to the real needs of the business. Repayment is made automatically.
 
Every time the business collects payment by card, part of the receipt goes toward repayment and the remainder is credited to its account. The installment is not a fixed obligation every month, but follows the actual pace of turnover.
 
When sales increase, the business repays faster, and in the opposite case, it repays less. In this way, repayment adjusts dynamically, allowing businesses to gain access to working capital without burdening their day-to-day liquidity.

Simple and clear terms

The new liquidity solution offers:
  • Financing up to €100,000.

 

  • Without the business needing to provide real estate or another asset as collateral.

 

 

  • Without the obligation to pay a minimum amount every month.

 

 

  • With the ability for the business itself to choose what percentage of its receipts will be allocated to repayment.

 

Tangible support for Women's and Youth Entrepreneurship

The POS Instant Financing is the only product in its category that offers special preferential pricing to customers who fall into the categories of Women's Entrepreneurship and Youth Entrepreneurship, confirming Alpha Bank's commitment to supporting initiatives that strengthen innovation and sustainable business growth.
 
The product was designed by Alpha Bank in collaboration with Nexi Greece, a member of the Nexi Group, Europe's leading PayTech company in Europe and the bank's strategic partner in payment acceptance services.
 
The collaboration leverages the combined expertise of the two organizations in the fields of payments and financing, creating a solution that connects liquidity with the business's daily activity and its actual receipts.
 
Giorgos Tsangarakis, Head of Business Products at Alpha Bank, stated: "With POS Instant Financing, we give small businesses a simple way to draw liquidity when they need it, repaying according to their turnover. It is a complete solution, with clear terms and meaningful support for women's and youth entrepreneurship, which helps our customers grow".
 
Eleni Argyropoulou, Commercial Director of Nexi Payments Greece, stated: "At Nexi, we believe that payments can be a growth driver for businesses and not just an operational process. Through our collaboration with Alpha Bank, we leverage the payments ecosystem to create an innovative solution that gives businesses access to financing in a way directly connected to their commercial activity.
 
In this way, we transform daily receipts into a growth tool, offering greater flexibility, improved liquidity, and a more modern financing experience. This is also the role we want to have in the market: to act as a partner for growth for merchants, providing solutions that respond to real business needs and contribute substantially to their growth".
 
For more information about the product and the application procedures, interested parties can contact Alpha Bank branches or visit alpha.gr.

 

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