Express loan for business

Resident individual entrepreneurs and legal entities of the Republic of Armenia that meet the definition of Micro, Small and Medium EnterprisesAs well as those Micro, Small and Medium Enterprises whose financial statement analysis results meet the requirements of the Credit Organization

For capital investments and other business purposesThe purpose of this lending program is to ensure the liquidity of MSMEs by improving their access to loans in national currency. The program is not aimed at refinancing loans in any specific sector or sector(s) of the economy. It should serve to finance business investments in a wide variety of sectors of the economy (purchase of machinery, equipment, management of enterprises, etc.)

Armenian Dram (AMD)

Cashless

1,000,000 – 2,000,000 AMDWithout collateral (guaranteed by an individual or legal entity)

6 - 24 monthsIn certain cases, a grace period of up to 3-6 months may be provided

11 - 13․4 %

11.63 - 14․28 %

Guarantee of the founder or beneficial owner, as well as other natural or legal person

No credit defaults in the previous 12 months, and the total number of days past due on repayments should not exceed 30 daysThe borrower's unsecured loans, excluding the expected loan, should not be more than five and their total balance should not exceed AMD 5,000,000 or the equivalent in foreign currency.շ

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15 bisuness days

Dear customer, we inform you that this type of loan has a high actual interest rate, so please consider in advance other similar services available on the market and evaluate your ability to repay the loan.