| Internet banking | My Converse | ||
|
|||
|
|||
| Types of financing |
Non-cash, by inputting the loan amount on the account opened in the Bank by the debtor
At the moment of issuance, the total amount of the balances of the concurrent business loans provided by the Bank must not exceed AMD 35 000 000 or the equivalent amount in foreign currency.
Each business requires investments which usually are not enough.
How to realize new business, projects if resources are not enough?
Use one of "Converse Bank" CJSC types of finance choosing the most convenient and realize your purposeful projects.
Micro financing
The loan Express-24 is provided to commercial legal entities (Ltd, JSC and others) and sole entrepreneurs operating in the Republic of Armenia.
For receiving "Express-24" loan the debtors must have stable business which has operated without interruptions for the last two months, and for three months in production sphere.
|
(Express 24) loan |
||
| Instruments | Loan, overdraft | |
| Amount | from AMD 80 000 to AMD 1 500 000 or equal amount in foreign currency | |
| Term |
|
|
| Issuance | Non-cash: Through inputting the loan amount on account opened in the Bank by the debtor. At the moment of issuance, the total amount of the balances of the concurrent business loans provided by the Bank must not exceed AMD 1 500 000 or the equivalent amount in foreign currency. |
|
|
Customer liability guarantee without notarization |
At least two guarantees (wife/husband and a third person) If the debtor is a legal entity, the guarantee of the participants having at least 50% of the votes. |
|
|
Other micro loan |
||
| Instruments | Loan, overdraft | |
| Amount | from AMD 1 500 001 to AMD 3 000 000 or the equivalent amount in foreign currency | |
| Terms |
|
|
| Issuance | Non-cash, by inputting the loan amount on the account opened in the Bank by the debtor At the moment of issuance, the total amount of the balances of the concurrent business loans provided by the Bank must not exceed AMD 3 000 000 or the equivalent amount in foreign currency. |
|
|
Security for customer liability |
Real estate and movable property (Tangibla assets (TA), equipment, cars, own property, deposited valuable units) TA can make up to 70% of the total pledge amount. If the debtor is a legal entity, the guarantee of the participants having at least 50% of the votes. |
|
| Pledge formulations | In case of pledging real estate state registration and notary validation of pledge agreement are compulsory. | |
Small financing
For receiving the loans "Small" and "Medium" the debtors must have stable business which has operated without interruptions for the last six months.
| Instruments | Loan, overdraft, credit line |
| Amount | from AMD 3 000 001 to AMD 35 000 000 or equivalent amount in foreign currency |
| Term | up to 60 moths |
| Issuance | Non-cash, by inputting the loan amount on the account opened in the Bank by the debtor At the moment of issuance, the total amount of the balances of the concurrent business loans provided by the Bank must not exceed AMD 35 000 000 or the equivalent amount in foreign currency. |
| Security for customer liability |
Real estate and movable property (Tangibla assets (TA), equipment,cars, own property,deposited valuable units) TA can make up to 30% of the total pledge amount. In case of equipments and own property, the absence of the relevant documents (tech. passport, certificate and etc.) is not reason for not executing the pledge, if the total amount of the equipments and own property does not exceed the 25% of the total pledge amount
At least two guarantees (wife/husband and a third person) If the debtor is a legal entity, the guarantee of the participants having at least 50% of the votes. If the loan is above AMD 15 million the pledged property is subject to insurance according to this and stated by the Bank's credit policy procedures. |
| Pledge formulations |
In case of pledging real estate, compulsory notarial validation of the agreement and state registration. The registration of movable property due to the Credit Committee resolution (in case of pledging transportation means and their attachments, road maintenence, construction and other mechanisms, agricultural technics, machines and equipment, state registration of the right for pledging is compulsory |
Medium-sized financing
Medium-sized financing means financing of small and medium-sized businesses, with total liability of a customer to the Bank, including the new financing project, of less than 60 million AMD or its equivalent.
| Instruments | Loan, overdraft, credit line |
| Amount | from AMD 35 000 001 to AMD 60 000 000 or the equivalent amount in foreign currency |
| Term | up to 60 months |
|
Issuance |
Non-cash, by inputting the loan amount on the account opened in the Bank by the debtor At the moment of issuance, the total amount of the balances of the concurrent business loans provided by the Bank must not exceed AMD 60 000 000 or the equivalent amount in foreign currency. |
| Security for customer liabilities |
Movable and real property, any tangible and intangible asset not prohibited under the RA laws |
|
Pledge formulations |
In case of pledging real estate, compulsory notarial validation of the agreement and state registration
The registration of movable property due to the Credit Committee resolution (in case of pledging transportation means and their attachments, road maintenence, construction and other mechanisms, agricultural technics, machines and equipment, state registration of the right for pledging is compulsory) |
Large financing
| Instruments | Loan, credit line, bank guarantee |
| Amount | AMD - 60 million and more USD - 200,000 and more EUR - 150,000 and more |
| Term | maximum 60 months |
| Security for customer liabilities |
Movable and real property, any tangible and intangible asset not prohibited under the RA laws |
Up to 9 month deferred payment of principal from the issue date is allowed under large financing.
Choose your financial instrument as you will come up to
Great undertakings,
Great investments,
Great prospects.
© CONVERSE BANK cjsc 2012. All rights reserved. Developed by Smart Systems LLC.