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EDF Loans

Loans financed with recourses of Entrepreneurship Development Fund

With the funds of the Development of Entrepreneurship Fund

  • Loan amount of AZN 5,000 - 10,000,000

  • Period up to 120 months

  • 1-3% commission rate

  • Grace period up to 12 months

  • 5% annual interest rate

  • Types of security: movable and immovable property, business equipment, surety

Documents:

  • ID card
  • Tax Identification Number
  • Document confirming the rights to the property or place where the project is implemented (extract or lease agreement)
  • Up to AZN 30 000 without collateral, with official income guarantee
  • Effective annual rate of interest (EARI): min.5.35%, max.  29.97%