Loans
OJSC "Azer-Turk Bank" offers legal entities and entrepreneurs loans for a period up to 18 month and at 18-22% annual interest rate. Loans are granted in AZN and USD, in the cash and non-cash (guarantee, a letter of credit etc.) form and maximum amount of loan should be 500.000,00 AZN equivalent. Loans are secured with cash, movable and immovable property, as well as guarantee of banks with high rating. Loans are issued for finance of working capital of legal entities and entrepreneurs which functioning in the field of trade, service, construction, production and manufacturing of agricultural produce. For loans legal entities and entrepreneurs must submit the following documents to the Bank: - a form of the loan application; - business plan ; - balance report for the last three year (for entrepreneurs annual revenue declaration); - copy of the Charter of the legal entity; - a document confirming the ownership rights over the mortgaged property; - other documents according to the internal rules of the Bank.
During granting loans, priority is given to clients, who have definite market part and good experience, as well as own financial recourses. |