Unprecedented Terms for Business Loans

Unprecedented Terms
for Business Loans

Special offer for SMEs with up to AMD 750 million annual turnover. A business loan at 0% interest rate for the first 6 months.

No principal or interest payments for 6 months!

Apply Now
Ettle Halsey

Unprecedented Terms for
Business Loan Refinancing

Unprecedented offer for SMEs with up to AMD 750 million annual turnover.

Refinance your current business loans from other banks and credit organizations to Ameriabank and get a lump-sum payment equal to 5% of the loan’s principal amount.

Apply Now
Ettle Halsey

Ameria business -
the digital path of your business!

Open an IE or SME account with Ameriabank online and get a free business card and Online/Mobile banking.

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Ettle Halsey
Bank about the progress

Unprecedented Terms for Business Loans

We carefully develop each offer based on the every-day needs and requirements of business.
What your business needs right now? Our special care and attention.


Financing

You can get a loan for any business goal of yours at 0% interest rate during the first 6 months. Briefly, during first 6 months you will not pay
- any principal
- any interests
Refinancing

If you have a business loan at other bank or credit organization,refinance it to Ameriabank and get a lump-sum payment equal to 5%of the loan’s principal amount. All costs related to pledging will be borne by Ameriabank.
  There is no loan provision fee.

An unprecedented offer for business loan lending and refinancing

Apply online and we will get back to you within 1 business day.

20 - 150 mln 

AMD in equivalent foreign currency

USD 5.9% - 7.9%

EUR 4.9% - 6.9%
actual annual interest rate

48 - 120 months

maturity period

Apply online

and we will get back to you within 1 business day.

Description of special offer for business lending

  • Terms and Conditions
  • Loan purpose
  • Eligible loans
  • Period

Loans are issued on the standard terms effective for retail business loans secured by assets, with the following benefits: 

Grace period (for principal and interest):        

  • 6 months - 0%*

* No principal and interest payments for 6 months

Nominal annual interest rate:         

  • USD 8.25% *        
  • EUR 7.25% *

Actual annual percentage rate (APR):

  • USD 7.1% - 7.9% *
  • EUR 6.3% - 6.9% *

*adjustable

Maturity period:

  • 48-120 months

Loan application fee:

  • If the loan is approved on terms agreed with the client, but the client refuses to receive it, a penalty for 1% of the loan can be charged. 


Full terms and conditions are available here

Replenishment of working capital, financing of ongoing business and other investments

Retail business loans in currency secured by property for equivalent of AMD 20 million - AMD 150 million.

From May 04, 2022 until and including August 31, 2022

Terms (PDF)


Description of Business Loan Refinancing Campaign

  • Terms
  • Loan purpose
  • Eligible loans
  • Period

Loans are issued on the standard terms effective for retail business loans secured by assets, with the following benefits:

Lump-sum amount paid to borrower

  • 5% of loan amount

Nominal annual interest rate 

  • USD 8.25% *
  • EUR 7.25% * 

 Actual annual percentage rate (APR) under the offer    

  • USD 5.9% - 7.4% *     
  • EUR 4.9% - 6.3% *

*adjustable

Maturity period:

  • 48-120 months at adjustable interest rate

Loan application fee

If the loan is approved on terms agreed with the client, but the client refuses to receive it, a penalty for 1% of the loan can be charged.


Full terms and conditions are available here

Transfer of business loans secured by property from other banks and credit organizations to Ameriabank

Eligible products

Retail business loans in currency secured by property for equivalent of AMD 20 million - AMD 150 million

Pledging
The Bank covers the following pledging costs.

  • Fee for unified statement from the State Committee of Real Estate Cadaster of the Government of the Republic of Armenia and for information about encumbrance of property (reference from the police in case of vehicles)
  • Notarization fee for pledge of real estate
  • Fee for filing and registration of the Bank’s security interest under pledge agreement
  • Collateral appraisal fee

From May 04, 2022 until and including August 31, 2022 

Terms (PDF)


Frequently Asked Questions

No, the rate of interest for the first six months is 0% and no interest accrues during this period.

No extra costs, as you get a lump-sum payment for 5% of the loan that will enable you to pay early repayment penalties of the other bank. Where there are no early repayment penalties, or where the early repayment penalty is less than 5%, you will be free to manage this sum, as you will. The Bank will cover all pledging costs. There is no loan provision fee.

You get two loans: one in the amount of your outstanding loan from the other bank plus the 5% lump-sum payment, and another loan with no interest for the first six months.

If you have received a business loan with a grace period (0% for 6 months) within the period starting from December 08, 2021 and ending on March 31, 2022, you can apply only for refinancing, and vice versa.

2 Vazgen Sargsyan Street, Yerevan 0010,RA

Tel․: +374 10 56 11 11

E-mail: info@ameribank.am

Ameriabank CJSC is supervised by the CBA

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