Subsidized (Concessional) Loans
Entrepreneurs who want to take low-interest business loans can get subsidized (concessional) loans in the framework of Unibank's cooperation with the Mortgage and Credit Guarantee Fund.
Subsidized (concessional)
loans
• if the loan is issued for a period of 3 (three) years or less, in this case the refundable subsidy is 8%
• If the loan is issued for a period of more than 3 years, in this case the refundable subsidy is 10%
Terms of loans to which interest subsidies will be undertaken:
- The minimum amount: 30 000 AZN
- The maximum amount (one borrower): 5 000 000 AZN
- The maximum amount (a group of interrelated borrowers): 10 000 000 AZN
Deadline:
- On loans: up to 84 months
- On credit lines: up to 12 months
- After issuing the subsidy: min.6%
Additional conditions:
- Interest subsidies are provided for loans with an interest rate of not more than 20% per annum
- An interest subsidy is provided if the borrower pays at least 6% of the interest rate on the loan
- * If the loan will be issued for a period of more than 3 years, in this case the interest subsidy will be issued only on interest that will be accrued over 3 years