Special Terms for procurement of agricultural raw materials and canning items Business Loans

AMD 30 - 150 million**

Loan amount

6 - 36 months

Term

0% - 3.6%

Annual percentage rate (APR)

Agricultural loan with special terms

The following companies are eligible to make use of the offer for loans on special conditions for the agro-processing industry:

Companies dealing with procurement of grapes, fruit, vegetables, and other agricultural raw materials;
Companies dealing with procurement of can sacks and containers.

Examples:

Wineries and brandy distilleries

Companies engaged in production of canned food, dried fruit, cheese and dairy products

Cold storage facilities, etc.

Advantages

Subsidy

In borderline communities of Armenia - in full*
In other communities of Armenia - 10%
Interest rate - 13%

Grace period

For procurement of grapes - 12 months
For procurement of other agricultural products, raw materials and containers - 6 months

Terms and conditions

*The activities of entrepreneurs receiving social support and operating in borderline settlements, approved by decision No. 1444-Ն of the Government of the Republic of Armenia as of December 18, 2014, procuring and processing agricultural raw materials in the same areas, are subsidize for no more than 14 percentage points.

**In individual cases, loans for an amount less than the specified minimum limit can issued for the term defined herein. When applying the specified interest rate for such loans, the percentage rate shall not exceed the maximum limit of the percentage rate specified by the respective laws and regulations.

This loan is designed to help you develop your business and finance day-to-day operations

Business loan or overdraft, AMD 15-30 million or its equivalent in other currency.

AMD 1-30 million or its equivalent in other currency, automatically approved business loan for purchase of solar power systems

AMD 30 - 150 million**

6 - 36 months

0% - 3.6%

Agricultural loan with special terms

Examples:

Advantages

Subsidy

Grace period

Terms and conditions

Online business loan/overdraft

Business loans AMD 15-30 Million

Business Loan for Purchase of Solar Power Systems

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