Currency

Amount

Term

Interest rate

AMD

100.000 - 60.000.000

From 3 months to  60 months

starting 13%-ից 

♦  Certificate of  state registry
♦  Tax code
♦  Passport copy of the sole entrepreneur or director of LLC and other documents

Advantages

♦  Provision of  AMD 1.500.000 without pledge
♦  Commission- 0%
♦  Fast decision making
♦  Minimal term of business activity:  
    3 months
♦  Creating credit history
♦  Flexible system of repayments

♦  Loan
♦  Credit line
♦  Overdraft

♦  Movable property or real estate

Fines

♦  For each overdue day 0.1% of principle amount and 0.3% of interest amount
♦  In case of delaying the repayment for 5 days 5% of fine is applied upon the interest amount, and 2% upon the overdue principle amount.

Instrument

Amount

Term

Interest rate

AROR

AMD 100.000 - 35.000.000

Up to  84 months

Starting from 12%

AGARAK 

Above AMD 35.000.000

♦  Copy of charter
♦  Passport copy of the sole entrepreneur or physical person
♦  Certificate of state registry
♦  TIN
♦  Passport copies of founders, the director and chief accountant
♦  Bases of owing the means to be pledged, documents proving the ownership rights
♦  Other documents if necessary, on demand

Advantages

♦  Low interest rate
♦  Fast decision making
♦  Wide net of branches
♦  Financing within the scope of a number of projects with privileged terms
♦  Creating credit history
♦  Flexible system of repayments

♦  Loan
♦  Credit line
♦  Overdraft
♦  Bank guarantee
♦  Letter of Credit 

Pledge type

♦  Movable property and real estate

Fines

♦  For each overdue day 0.1% of overdue principle amount and 0.3% of overdue interest amount
♦  In case of delaying the repayment for 5 days 5% of fine is applied upon the overdue interest amount, and 2% upon the overdue principle amount.