No collateral
Decision is based solely on clients financials
No bank visit needed
Entire process from application to money transfer is online
Without opening an account
Get approval without opening an account and without submitting complex financial statements
Up to 2 working days
We will quickly review application and send the decision
Get the best terms for your business
* Interest rate estimation is for information purposes only
Interest rate*
Monthly payment
Get money with ease
1
Follow the link e-edf.gov.az and click on the button “Apply”
2
Choose Fast Loan in the section “type of loan”
3
Choose PASHA Bank on the step “choose authorized loan agency”
4
Submit an application and receive an email to complete the process
Documents
The Bank may require additional documents to review the application
Requirements
Bank statements (minimum last 12 month)
You can generate and download your bank statements in Excel and PDF format in your online bank
ASAN İmza How to get it?
Personal tax statement
You can get it by visiting https://login.e-taxes.gov.az/login/
At least one year in business
Copy of excerpt from state registry (for legal entities)
The date of issue may be a maximum of 12 months before the date of application for a loan. You can get it by going to your https://e-taxes.gov.az through your account
Regular transactions on bank accounts
Permission to receive credit history on the company and shareholders
Positive credit history
Shareholder's decision to get credit (for legal entities)
Shareholders guarantee (for legal entities)
Loan purpose
Replenishment of working capital
The issued loan cannot be used to refinance current loans
The issued loan cannot be used to refinance current loans
Currency
AZN
Loan amount
AZN 10 000 – AZN 200 000
Term length
from 3 to 36 month
Annual interest rate
7.5%
Fee (one time)
1.5% from the amount of loan
Credit format
A lump sum of credit is disbursed to a borrower's bank account
Collateral
No collateral
Shareholder guarantee
Shareholder guarantee
Loan settlement
Annuity (equal monthly installments)
Grace period at payment of a principal debt
Grace period at payment of a principal debt
Delay penalty
By adding 15% to the annual interest rate
Loan approval validity
30 days from the day of informing the client about the positive decision via email / sms or another channel
Catering enterprise
Production (excluding food, medicine, tobacco, alcoholic and non-alcoholic drinks, petroleum products)
Activities of sports and recreation facilities
Wholesale and retail trade (except for the sale of food, medicine and petroleum products)
The activities of hotels, motels, hostels and similar accommodation facilities
Activities of the tour operators and travel agents
Car maintenance and repair
Activities of hairdressers, beauty salons
Activities of training (educational) and refresher courses, children's education and development centers, children's clubs, psychological centers
Private educational institutions (including kindergartens)
Domestic freight and passenger transportation (including taxi)
Organization of exhibitions, stage performances, recreation and entertainment (games), activities of cinema, theaters, museums and concert halls
Services for the transportation and (or) delivery of goods, including food orders, food and non-food products
Enjoy the bonuses of using online banking
- General information about loans
- Daily tracking of interest accrued
- Online repayment
- Detailed credit account statements
No collateral
Decision is based solely on clients financials
No bank visit needed
Entire process from application to money transfer is online
Without opening an account
Get approval without opening an account and without submitting complex financial statements
Up to 2 working days
We will quickly review application and send the decision
Get the best terms for your business
* Interest rate estimation is for information purposes only
Interest rate*
Monthly payment
Get money with ease
1
Fill the application
2
Submit the required documents
3
Apply and get decision within 2 working days
4
E-sign the agreement and get your money on the same day
Documents
The Bank may require additional documents to review the application
Requirements
Bank statements (minimum last 12 month)
You can generate and download your bank statements in Excel and PDF format in your online bank
ASAN İmza How to get it?
Personal tax statement
You can get it by visiting
https://login.e-taxes.gov.az/login/
At least one year in business
Permission to receive credit history on the company and shareholders
Regular transactions on bank accounts
Shareholder's decision to get credit (for legal entities)
Positive credit history
Copy of excerpt from state registry (for legal entities)
The date of issue may be a maximum of 12 months before the date of application for a loan. You can get it by going to your https://e-taxes.gov.az through your account
Shareholders guarantee (for legal entities)
Loan purpose
Any business purposes
Currency
AZN
Loan amount
AZN 25 000 – AZN 250 000
Term length
from 3 to 18 month
Annual interest rate
16.5% – 19%
Fee (one time)
2% from the amount of loan
Credit format
A lump sum of credit is disbursed to a borrower's bank account
Collateral
No collateral
Shareholder guarantee
Collateral may be required at the discretion of the bank in case the financials provided are not sufficient to make a decision
Shareholder guarantee
Loan settlement
Annuity (equal monthly installments)
Prepayment penalty
If more than 3 (three) times of the principal part of the principal is paid in accordance with the schedule before the due date, a penalty of 5% (five) percent of the excess amount shall be imposed
Delay penalty
By adding 15% to the annual interest rate
Loan approval validity
14 days from the day of informing the client about the positive decision via email / sms or another channel
Enjoy the bonuses of using online banking
- General information about loans
- Daily tracking of interest accrued
- Online repayment
- Detailed credit account statements
