Unibank is introducing a new loan option specifically designed for small and medium-sized enterprises (SMEs) called the “Simplified” loan. This loan aims to simplify and expedite the loan application process for businesses. Unlike traditional loans, the “Simplified” loan does not require a detailed financial analysis of the business.

The “Simplified” loan is versatile and can be used for a variety of business purposes, including increasing working capital, making investments, and refinancing existing loans. The loan is available in both Armenian drams and US dollars, and borrowers have up to 120 months to repay it.

“In order for businesses to achieve successful growth and expansion, having access to quick financial resources is crucial. Unibank offers business loans with simplified terms, which come with numerous advantages, such as fast evaluation of loan applications, minimal documentation requirements, and more favorable conditions. Our priority is to ensure that our services are transparent and efficient for our customers,” explained David Petrosyan, Deputy General Director of Unibank and Director of Corporate Banking.

This loan offer from Unibank, with its favorable conditions and additional benefits, aims to support entrepreneurship in various sectors, such as agriculture, construction, manufacturing, and more.

This translation has been provided by NEWS.am on Telegram.