Loans to legal entities
-
- Business loan
- Micro business loan
- Revolving credit line
- Small and medium business lending
- Lending to small and medium enterprises, Partner
- Non-repayable credit line
- Account lending
- Loans GAF - Energy Efficiency for SMEs Program
- Simple business loan (without assessment)
- Simple business loan (with simplified assessment)
- Lease under RA Government's Economic Modernization program (program completion date: December 31, 2025)
- Evoca GO
- Loans, Renewable Energy and Energy Saving Program
- Bank guarantees
- Factoring financing
- Terms of payroll projects
- Micro, Small and Medium-Sized Enterprise Financing by KFW Development Bank
- Loans for Small and Medium-Sized Businesses “Liquid+”
- Lease
- Combined credit line terms in the framework of payroll projects
- Business overdraft based on POS-terminal turnover
Lease under RA Government's Economic Modernization program (program completion date: December 31, 2025)
1. |
Currency |
AMD, USD or Euro |
2. |
Leaseholders |
RA resident legal entities and sole proprietors |
3. |
Purpose |
Purchase or import of brand-new (unused) equipment and machinery to be used in Armenia |
4. |
Subsidized sectors |
|
5. |
Maximum amount |
AMD 1 billion or a foreign currency equivalent (if the entity has invested at least AMD 200 million in its charter capital since 2021, the maximum amount will equal the five-fold investment in the charter capital, but not more than AMD 10 billion, if the lease is in foreign currency – AMD 5 billion in foreign currency equivalent). Business-process digitalization software and production consultancy - AMD 400 million or foreign currency equivalent (at exchange rate effective as of the day of signing the agreement). |
6. |
Down payment |
Interest will be accrued on the positive difference between the funds paid by financial entities for the leased asset (if in foreign currency – equivalent amount in AMD) and the down payment made by the leaseholder starting from the day of payment of the above amounts till the day of signing the delivery-acceptance certificate; the interest cannot exceed the annual rate set under the lease agreement. |
7. |
Repayment period |
Up to 120 months |
8. |
Subsidy period |
Up to 42 months The down payment will be subsidized in a lump-sum upon signing of the delivery-acceptance certificate for the equipment and its accessories in line with the procedure prescribed by the program. Supply stage will be subsidized for up to 180 days starting the day of signing the lease agreement, while the responsibility for payment of interest for a period above the 180 days will rest upon the Leaseholder. |
9. |
Repayment method |
|
10. |
Grace period |
Principal grace period – up to 6 months |
11. |
Annual interest rate |
Actual interest rate determined by the Bank's fees Subsidy:
|
12. |
Penalty charged for late payments of principal and interest on the lease |
|
13. |
Penalty of prepayment |
N/A |
14. |
Other service fees |
N/A |