Overdraft by Business Card under Loans Secured by Assets
My Ameria
Մոբայլ բանկինգ
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6-36 months


loan limit icon
Up to AMD 1-15 million or other currency equivalent

Loan amount

What is an overdraft by business card under loans secured by assets?

This loan is for the customers who have or have applied for a retail business loan secured by assets, in the amount of AMD 30 - 150 million or its equivalent in other currency.  

Under this loan product you can receive an overdraft on your business card issued by Ameriabank, in the amount of AMD 1 - 15 million or its equivalent in other currency.

Our specialist will get back to you within 1 business day, provided that you meet Ameriabank’s criteria.


No additional business analysis required

No additional collateral required (other than the existing one)

No early repayment fee

Apply online

Upload files and track your application online

Are you ready to apply for a business loan?

Apply for a business loan online

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Can I apply for a loan without visiting the Bank?

Yes, you can use the Bank's website to apply online for any business loan. Our specialists will get in touch with you. You can also use the online platform to track your application

Is business analysis required?

No, no additional business analysis is required for this type of loan.

Is additional collateral required for this type of loan?

No, this type of loan is issued under the existing collateral, whatever the LTV ratio, with no additional collateral required.

Where can I learn about interest rates?

Information about interest rates is available on Ameriabank's official website: go to menu and select the item you are interested in from “Loans”. For more information feel free to call us at +37410 56 11 11 or visit the nearest branch office. Find our locations and learn about work hours here.

What documents do I need to apply for a loan?

To apply for a loan online, you need to provide certain basic data about your business (TIN, ID). Depending on the type of loan you choose, other documents or information might be required at further stages, which you can upload on our webpage without having to visit the Bank in person.

Are there any restrictions as to which industry you have to work in in order to get a loan?

Yes, the list of industries is available here.

9.  Overdraft via Business Cards (Visa Business/Master Card Business) under Retail Business Loan Secured by Assets


Loan type

Overdraft via business cards under secured retail business loan



Business expansion; financing of current operations and other investments; transfer of outstanding business loans with other banks and credit organizations to Ameriabank CJSC    



Legal entities and individual entrepreneurs with at least 6-month business history


Sectoral restrictions

According to the Exclusion List


Creditworthiness assessment

• In accordance with the “Minimum creditworthiness requirements and lending scenario”
• Business analysis and determination of LTV ratio, DSCR and other financial indicators are not required.
• In case of a new loan origination, the “Overdraft via Business Cards (Visa Business/Master Card Business) under Retail Business Loan Secured by Assets” loan product is not considered in the calculation of financial indicators.


Minimum creditworthiness requirements and lending scenario

• The previous loan issued to the customer based on the business analysis was approved/issued without any DSCR and LTV deviations. Should the collateral securing the loan be pledged to secure the loans of other parties, such loans should also have no LTV deviation.

• During 12 months preceding submission of the loan application, the terms of the loans issued to the customer haven’t been revised as a result of financial distress.

• According to the ACRA Credit Reporting CJSC data, the customer’s credit risk grade is 1 (one).

• At the time of the loan disbursement, there is no grace period applicable to the customer’s loans with Ameriabank CJSC.

• The customer’s credit history is in accordance with the green line.

• The loan originations process is in accordance with the green line.

Loan terms

Minimum and maximum loan limit

AMD 1 million - 15 million or its equivalent in another currency. The limit cannot exceed 10% of the contractual amount of the loan with Ameriabank, whether currently effective or being considered. If the customer has more than one business loans, the calculation involves 10% of the largest loan or the aggregate sum of such loans.





Term (months)

6-36 months but in any case until the expiry of the principal agreement

Annual interest rate (fixed) 3

(APR: 14.8-16.9%)

(APR: 11.4-13.4%)

(APR: 9.8-11.7%)

Annual interest rate on non-utilized amounts


Other terms related to the interest rate

If the line of credit/overdraft is secured by cash or bonds issued by Ameriabank CJSC, the interest rate is:
- Applicable interest rate for cash/bond + 4%, but in any case not more than the rates specified above, if the loan and the collateral are in the same currency
- Rates specified above, if the loan and the collateral are in different currencies

Where insurance of the collateral is obtained by the bank at the wish of the client, the rate of interest is increased pro rata the share of each type of the collateral in the total value of the collateral by:
• 2.5% if the collateral is a vehicle, or
• 0.5% if the collateral is plant and equipment.
Where the insurance of real estate is obtained by the client, the interest rate will be reduced by 0.05%, based on the share of each type of assets in the total collateral.

Loan disbursement fee

1% of the loan amount

Loan cashing

As per the cash withdrawal fees specified in Ameriabank CJSC Tariffs for Corporate Clients2 (12CIB/11RBD PL 72-01-02)



According to the schedule or at the end of the maturity period


Loan security

Collateral pledged under the principal agreement for the retail business loan secured by property


Property appraisal

Appraisal/re-appraisal of the collateral is not required.


Insurance of property


Loan service fees 1

Modification of the loan terms

AMD 25,000

Substitution of pledged property (for real estate; including change of the property owner)  

AMD 20,000

Substitution of pledged property (for vehicles; including change of the owner of the pledged vehicles)

AMD 10,000

Provision of pledge-related consents, permissions and references

AMD 10,000 (VAT included)

Change of the loan repayment date

AMD 10,000


Early repayment



Late payment fines and penalties

The interest rate specified in the loan agreement will continue to be applied to overdue loans.
Fine in the amount of 0.13 % of overdue loan/interest for each day of delay.

1 The fee is charged if the modification is requested by the client. Where there are several applicable fees for the same modification, the highest fee is charged and only once. Fees are not applicable in case of loans secured by cash, bonds and metal accounts. If the modification implies adding new collateral or involving a new guarantor, no fee is charged. These fees do not apply to the loans to agro-processing industry.

2  Ameriabank CJSC Tariffs for Corporate Clients (12CIB/11RBD PL 72-01-02, approved by Management Board Resolution # 03/11/15 dated May 20, 2015). Available at https://ameriabank.am/useful-links


Online business loan/overdraft

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

Collateral-Secured Loans AMD 30-150 Million

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Business loan/overdraft, AMD 30-150 million or its equivalent in other currency, collateral-secured.

Overdraft on Business Card

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Overdraft on business card based on the volume of your POS transactions, or account turnover.

Updated on 30.11.2022 11:46