Simple Business Loan (without assessment)

Get a Simple Business loan (without assessment, by pledging a property). The decisions are made quickly, within 2-4 days.

Simple Business Loan (without assessment)




RA resident legal entities and individual entrepreneurs who are running registered activity for at least 6 months  


Up to AMD 10.000.000 or equivalent in foreign currency

Provision method


Repayment period

6-60 months (without early payment penalty)

Annual interest rate


15 %





Penalty for loan principal and/or interest overdue

  • For overdue principal - 0,015 % daily
  • For overdue interest - 0.1% daily

Loan repayment security measure

  • Immovable property located I Yerevan, Vanadzor, Gyumri and Abovyan cities; apartment, plot (except for production areas)
  • In addition to property pledge, at least one guanartee provided by a physical individual or legal entity might be required

Loan to value ratio

  • If the pledged property is located in Yerevan – up to 60% of the property value
  • If the pledged property is located in Gyumri, Vanadzor, Abovyan cities – up to 50% of the property value


  • Loan account service fee – 1% of the loan amount, but not less than AMD 20,000, maximum AMD 50,000
  • In case if the loan amount is received in cash, a cash withdrawal fee is charged from the bank account according to the current tariffs.

Penalty for early repayment

Not charged


  • The total number of overdue days for the last 12 months should not exceed 30, and during that period the borrower should not have watch loans or those classified under stricter categories,
  • During the past 24 months the borrower should not have classified loans,
  • As of the inquiry date, the customer applying for a loan should not have a classified surety and overdue loans.


  • If you do not pay the interest and loan amount on time, the mortgaged property may be SEIZED in accordance with the law, and your information will be recorded in the Credit Register (which may subsequently prevent you from receiving new loans).
  • In the case of repayment of obligations on the account of collateral as a result of non-fulfillment of credit obligations, if the value of the collateral is not sufficient to cover the credit obligations of the borrower, then we (according to the current legislation) have the opportunity to repay the loan obligations on account of your other property (if any).

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