Loans for small and medium businesses
Business development is always associated with certain financial difficulties.
Such difficulties will help to solve loans designed specifically for small and medium businesses.
Conditions
- Amount: from AZN 50.000 to AZN 3.000.000
- Maturity: up to 60 months
- Interest Rate: depending on the amount, term, provision, financial condition and credit history
- Disbursement Fee: 1%
- Collateral: real estate, vehicles, home equipment, stock and guarantors
- Repayment: monthly by equal installments (interest is paid only on the remaining balance)
Advantages
- Quick process of registration and the minimum list of documents (the decision on granting of the loan is given within 1-3 days)
- No additional costs (e.g. opening an account, cashing out, assessing and insuring real estate)
- Grace period and payment plan in view of the type of activity
- Credit lines and long-term collateral agreement
- Possibility to make parallel loans
Requirements
- Engage in any business activity
- Submit the necessary documents
- Provide full information on current and planned business activities
