New Business Credit by Mugan Bank: Order financing

In order to support the development of a business of small and medium -sized entrepreneurs, the provision of financial assistance to them in this direction, Mugan Bank presents a new business – “Order Financing”.

“Order financing” helps to avoid financial obligations and cash flows arising between the seller and the buyer, and also contributes to the rapid development of the business. Legal and individuals who carry out entrepreneurial activities in the territory of Azerbaijan and sell goods and services under an official agreement with their buyers can apply for the necessary financing in order to execute orders received under an agreement, service or order for supply.

Other features of the loan “Order financing”:

– funding limit: 30,000 AZN – 1,000,000 Azn

– term: up to 6 months

– Preferential period: 5 months

– Annual interest rate: from 30,000 AZN to 250,000 AZN 14-16%; from 250,000 AZN to 1,000,000 Azn 12 – 14%

more detailed information about the necessary documents and other conditions can be obtained by clicking on the link

OJSC Mugan Bank began its activity for 1992. To date, 22 branches and 10 branches of Mugan Bank OJSC provide customer -quality services for all types of banking products. Additional information about the services and products of Mugan Bank can be obtained both in the 933 information center and on the website www.muganbank.az.