Based on turnover

The project "Acquiring overdraft" is a loan product assigned to corporate clients for short-term financing of current assets (payments).

Overdraft is very convenient for prompt provision of short-term customer requirements. This product allows customers to use additional financial resources in fulfilling their obligations to their business partners.

Allows the client to perform operations with the current account, exceeding the balances on current accounts. Taking into account the client turnover on POS-terminals of Unibank, within a short period of time the client is offered a loan with an overdraft limit without collateral. One of the other main advantages of this product is that after the overdraft was issued, the payments made via the POS terminal are directed to the write-off of the overdraft debt, depending on the customer's wishes. For example: A customer was given an overdraft of 5 400 AZN. During the application, the client is asked what percentage of the payment is directed and offered 3 options (40%, 50% and 60%). If the customer chooses 60%, 60 AZN of the 100 AZN payment will be used to write off the loan. 5400 AZN - 60 AZN = 5340 AZN debt will remain.

Who can benefit from overdraft based on turnover:

— Clients with business activity for more than 12 months;

— Unibank (using POS-terminals) joined the acquiring program for more than 6 months.

Limit:

— No fee is applied to first-time users;

— The amount is issued from 5 000 AZN to 100 000 AZN;

— The overdraft limit will be accrued on the basis of the client's turnover in the POS-terminals of Unibank;

— The period for using the limit is 3 (three) months;

— The annual interest rate is 19%.

Get business loans from Unibank via İnternet banking with just one touch, without collateral and online within 15 minutes!