Ameriabank - Freenergy | Ameriabank
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Special offer

Ameriabank - Freenergy

Joint Finance Lease Offer in Solar Energy Sector​

Renewable energy sources are eco-friendly, efficient and cost-effective, so they are a perfect solution for any business. The use of such sources and, in particular, solar power plants, enables businesses to take care of the environment and save electric energy, thus improving energy efficiency, business competitiveness and quality of life.

Under finance lease campaign with Freenergy, Ameriabank offers to legal entities and individual entrepreneurs favorable terms for purchase of solar power facilities.

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27 Azatutyan ave., Yeraz Business Center, Yerevan, Armenia Tel: +37411209920 Web page: Email: Facebook Account

Terms and Conditions

* These terms do not apply to finance lease issued under the RA Law “On Consumer Crediting”.
** The rate and term of lease depend on the level of risk associated with the contract, type of property to be purchased and specifics of business. Lease rate depends also on term of lease.
Maximum lease rate shall not exceed 10%.
*** Whenever applied, the maximum annual rate or aggregate amount of fines and/or penalties under the Agreement shall be within the limits defined under the legislation of the Republic of Armenia.

Leased item
  • Solar photovoltaic power plants
  • Solar water heating systems
Requirements to the leased item Maximum capacity of solar power plant: 500 kW
Requirements to the lessee Legal entities or individual entrepreneurs
Down payment Minimum 5%
Minimum and maximum limits of finance

Minimum: AMD 5 million

Maximum: AMD 200 million

Lease nominal interest rate** 8.5%-9.5%
Lease effective interest rate 8,83 % - 10 %
Currency AMD
Lease term From 6 months to 10 years
Accrual of interest Interest accrues on outstanding amount of finance
Non-payment or improper payment of principal and interest*** Fine in the amount of 0.13% of overdue principal and/or interest for each day of delay (breach of the due dates of liabilities)
Fee for provision of finance 0%-1% of the amount of finance, maximum AMD 500,000
Insurance Required: to be obtained by the lessee for the full value of leased item during the first year and for at least outstanding principal amount of finance for each subsequent year
Updated on 03.12.2021 09:41