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Business loan

Entrepreneurs can get a business loan for professional activities from 15% per annum in manats and from 6% per annum in US dollars for up to 36 months.

Business loan

Business loan is valid for individuals and legal entities engaged in entrepreneurial activities.

Directions for the use of the Fund's resources

Loan interest subsidy / Intra-bank loan:

Introduction of a mechanism to subsidize interest rates on loans issued in 2022 to businesses operating in these areas in order to reduce financial costs and, consequently, reduce the cost of basic food products in the minimum consumer basket.

Terms of the mechanism:

  • Subsidy period: up to 1 year;
  • Loan term: regardless of the term;
  • Loan interest rate: regardless of the interest rate;
  • Interest subsidy: up to 10% of the loan interest.

It has been confirmed that the intra-bank loans they received in 2022 in connection with the supply of raw materials will be subsidized:

  • production of powdered sugar;
  • production of sunflower oil;
  • production of margarine;
  • butter production;
  • flour production;
  • production of pasta.

Distributed to individuals engaged in entrepreneurial activity:

Currency

AZN

USD

Interest rate

15%

6%

Date

Up to 36 months

 

Amount (AZN) Interest rate up to 12 months Interest rate from 12 to 36 months
30 001 - 50 000 AZN 18 - 20% 19 - 21%
50 001 - 100 000 AZN 17 - 18%

18 - 20%

100 001 - 500 000 AZN 16 - 17% 17 - 18%
500 001 -> AZN 15 - 16% 16 - 18%

 

Amount (USD)  Interest rate up to 24 months  Interest rate from 25 to 36 months
 18 000 - 50 000 USD  10 - 11%  11 - 12%
 50 001 - 100 000 USD  9 - 10 %

10 - 11 %

 100 001 - 500 000 USD  7 - 8 %  8 - 9 %
 500 001 -> USD  6 - 7 %  7 - 8 %

Other loans

Micro Credit
  • Period3-36 months
  • Interest rate5%
Micro Credit
Contract Financing
  • Period6 months
  • Interest rate14%
Contract Financing