Invoice Financing

In order to support the development of entrepreneurship, Rabitabank presents a new loan product "Invoice Financing" to business owners!

Invoice Financing



Target group

Legal persons and individuals engaged in entrepreneurial activity in the territory of the country, providing goods and services under a formal agreement


Financing of accounts receivable based on invoice and bill issued under the agreement

Market experience

At least 12 months of consecutive and uninterrupted operations with official registration.

Financial limit

Min. - AZN 30 000 Max. AZN 1 000 000 (or equivalent) subject to not exceeding 90% of the total balance after deduction of VAT on total amount of invoices issued under the signed sale and purchase and service provision agreement

Minimal amount under each invoice

AZN 500 (or equivalent)




Subject to not exceeding the term of the agreement signed between the Purchaser and the Seller under the invoice subject to financing

Up to 3 months

Grace period

2 months

Payment form

Interest is paid on a monthly basis; principal amount is paid upon the end of the term

Annual interest rate

  • From AZN 30 001 – up to AZN 250 000 - 13%
  • From AZN 250 000 – up to AZN 1 000 000 - 12%


1 % (one-time)


  • Receivables under invoice subject to financing
  • Guarantee of the founder and director
  • Other guarantees (if required)

Required documents

  • Legal documents
  • Turnover report on all bank accounts
  • Agreement(s) signed between the purchaser and the seller on invoice(s) subject to financing
  • Invoice(s) approved by the Purchasing company
  • E-invoice(s)
  • The most recent contract(s) between the Purchaser and the Seller to identify track record of provided goods and services
  • Other documents required for issuing loans for small and medium businesses as well as corporate loans.

Other terms

  • Under the terms of the Contract between the Purchaser and the Seller, payments shall be made through the bank, non-cash and the accounts of the Seller in Rabitabank OJSC shall be (shall not be) indicated as the Seller's bank details (otherwise bank details shall be amended in a separate Annex to the Contract).
  • Term of cooperation between the Purchaser and the Seller shall be at least 6 months.
  • Number of executed bills shall not be less than 2.
  • No loss shall be recorded in the income statement for the last reporting year.
  • Compulsory provisions to be included in the contract between the Bank and the Client: upon receipt of the funds under the invoice or expiry of the contract, the unpaid balance (incl. interest) shall be written-off from the client's settlement account unconditionally, without the client's consent.
  • debt service coverage ratio shall be at least 0,5.

Other loans

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