YEREVAN, September 23. /ARKA In the first half of 2019, Unibank directed more than AMD 15,5 billion in support for business. The popularity of business loans among entrepreneurs is conditioned by the accessibility of credit funds and the possibility of fast financing, the bank said in a news release. It said representatives of small and medium-sized enterprises get apply for an unsecured loan of up to AMD 5 million with a simplified procedure.

"The more dynamically you run your business, the more often you need free funds and little time spent on their search. It’s not only unprofitable to withdraw money from circulation, but also it’s not always possible. Applying for a usual loan is maximally simplified, it still takes some time, though. Meanwhile, unsecured loans are much faster to apply for and make it possible to economize. Indeed, in this case, additional costs for notarial and cadastral registration and pledge insurance are not required", explains David Petrosyan, Director of Corporate Business Promotion and Sales at Unibank.

Categories: Banks @en, General news, News of the hour | Comments Off on Unibank’s unsecured loans – support for business at the right time

Tags: BUSINESS, support, Unibank, unsecured loans

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