We offer invoice-based financing as a product (Invoice Discounting) for financing the monetary claims of suppliers against the buyers and invoices by the bank
Conditions:
Amount: from 100 to 5,000,000 AZN (financing can be provided in AZN or the equivalent in USD/EURO)
Duration: up to 6 months
Interest: variable depending on the amount, duration and use of other products of the bank by the entrepreneur
Collateral: accepted in the form of real estate, transport mean, household items, goods, guarantor, bank guarantee, etc.
Advantages:
- Approval of invoice-based financing within a short time
- Minimal documents required
- No additional costs (such as insurance, valuation)
- Availability of unsecured invoice-based financing (depending on the entrepreneur's financial performance and use of other bank products)
- Immediate receipt of cash funds at the rate of 90% of receivables
- Opportunity to increase and accelerate trade turnover
