Muganbank offers customers new types of business loans to support small and medium-sized businesses. Providing entrepreneurs with more efficient and quick access to financial resources, Muganbank provides the Business Credit “Invo-financing.”
Using the Business Credit of Invois Financiation, individuals and legal entities engaged in small and medium-sized enterprises that sell goods and services under official treaties can repay accounts on the basis of the declared invoices and invoices. The main advantages of the loan are a more favorable interest rate, the minimum requirement for documents, as well as the absence of a collateral requirement. Entrepreneurs can receive in Muganbank up to 90% of the amount specified in the invoice by providing relevant documents.
Other features of the Credit “Invo-Financing”:
– funding limit: 30,000 AZN – 1,000,000 Azn
– term: up to 3 months
– Preferential period: 2 months
– Annual interest rate: from 11%
Detailed information about the necessary documents and other conditions can be obtained by clicking on this link
Muganbank OJSC began its activity for 1992. To date, 22 branches and 10 branches provide customer -quality services for all types of banking products. Additional information about the services and products of Muganbank can be obtained both in the 933 information center and on the website www.muganbank.az.