![]() LeasingLeasing gives you the opportunity to upgrade technologies and ensure the progress of your business.
Agroleasing provides production and agricultural equipment leasing to legal entities, which have at least 3 month consecutive months experience in entrepreneurial activities. Main Terms of Leasing
*Also interest rate will be calculated in respect of the overdue amount to the tune of banking estimated percent. **In case the borrower submits the necessary documents on time. Repayments of the leasing and interests
Third party service fees
Regardless of the rates set forth in these Terms, the fees for third-party services may vary by third parties. Criteria of the lease disbursement approval or denial: Criteria for a positive decision on lease granting
Criteria for a negative decision on lease granting
The Essence of Credit History and Its Importance: A credit history represents a person’s credit behavior, including existing and repaid loans, and guarantees provided by that individual. It encompasses the totality of information regarding the fulfillment of the client’s financial obligations, which is collected, accumulated, and regularly updated by both individual lenders and the Credit Bureau (ACRA). In other words, a credit history shows how well the client has met and continues to meet their financial commitments. It contains information about the client’s loans, repayments, guarantees given to other individuals, any overdue loans, as well as penalties and fines imposed for late payments. How to Change an Incorrect or Incomplete Credit Report: If a borrower’s credit history contains incorrect or incomplete information, the borrower may request clarification and correction in accordance with Article 20 of the RA Law “On Circulation of Credit Information and Activities of Credit Bureaus.” The borrower can notify the credit bureau or contact the credit information provider directly (the source of the credit information). This can be done by submitting a written application to the credit bureau or electronically via the online platform, My ACRA. The process for accepting, reviewing, and responding to complaints about credit reports provided by ACRA is outlined in the “Dispute Resolution Procedure” of ACRA Credit Reporting CJSC. For details:
List of required documents
Additonal Security
Guarantee
Charter, State registration certificate, passport and social card of director (for entities)
WARNING
ATTENTIONATTENTION: LOAN INTEREST RATES ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE. AND THE ACTUAL ANNUAL INTEREST RATE SHOWS HOW MUCH THE LOAN WILL COST YOU IF YOU MAKE THE INTEREST PAYMENTS AND ALL MANDATORY PAYMENTS UNDER THE LOAN PROVISION AND SERVICING LINE WITHIN THE SPECIFIED PERIODS AND MEASURES. THE FORMULA FOR CALCULATING THE ANNUAL ACTUAL INTEREST RATE IS AVAILABLE ON THE WEBSITE INTEREST RATE CALCULATION EXAMPLE (PDF) “Finance for everyone” www.abcfinance.am web page’s “Financial helper” system
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