Bank lending has made a big comeback in Greece, alongside a growing ecosystem of alternative finance platforms offering cheaper, more accessible capital.
Konstantinos Mexias, a partner at Ince’s Piraeus office, told TradeWinds that although owners in Greece have plenty of finance options, the main issue is cost.
“If you are happy with the leverage ratio and the terms provided by traditional bank financing, you could probably obtain lower-cost debt,” he said.
