Բիզնես Վարկ “Ֆլեքս 2”

 A legal entity registered in the Republic of Armenia or an individual entrepreneur who is a resident and receives stable income from entrepreneurial activity (with at least 6 months of registration and/or business operation). The Borrower must act in their own name and for their own benefit when receiving the loan funds.

It is prohibited to obtain a loan for the benefit of a third party.

 301,000-40,000,000 AMD 

 3-60 months 16%
61-84 months 17% 

30.69 %-33.58 %

 3–84 months for the acquisition of working capital and fixed assets, as well as for other entrepreneurial (business) purposes (61–84 months only with real estate collateral).

Depending on the client’s preferred payment date, the loan term may deviate from the specified number of months by up to 45 days.

 21–65 years old (subject to change by the Credit Committee).

 0% of the loan amount 

1% of the balance of the loan amount /monthly/ 

15.000 AMD 

  Non-cash 

 A grace period of up to 4 months on the principal is available every 12 months.

 The total amount of all loans is up to 40,000,000 AMD. (Armenian Drams) 

 Guarantee and Collateral Requirements

A subsidiary guarantor must be:

 For loans up to AMD 5,000,000 (inclusive):
The Borrower has the right, without paying any penalty, to fully or partially repay the loan early and fulfill the obligations предусмотренных by the agreement.

For loans of AMD 5,000,001 and above:
In case of early fulfillment of contractual obligations, including full or partial early repayment of the loan, the Borrower shall pay a penalty of up to 5% (five percent) of the amount repaid early, as partial compensation for the Lender’s expected lost income.

 In particular:

✔ In case of full early repayment of the loan, the Borrower shall pay the interest accrued as of the payment date, service fees, other charges, and the loan principal.

✔ In case of partial early repayment:

If the payment is insufficient to cover the full upcoming repayment amount specified in the repayment schedule, repayment shall be made in the following order:

✔ The Borrower may, at their discretion, make payments for future months as предусмотрено in the repayment schedule.
 

In this case, repayments shall be made in the following order:

The Borrower shall be exempt from making payments on the scheduled dates to the extent of the amounts paid in advance for future months.

 

4. In case of partial early repayment, the full upcoming repayment amount specified in the Borrower’s repayment schedule shall be deducted from the amount paid. If the amount paid exceeds the upcoming repayment amount, the excess shall be directed toward repayment of the loan, except in cases where the Borrower specifies that the amount should be distributed to future installments (as provided in clause 6).

In such cases, the interest and service fees for future periods specified in the repayment schedule shall be recalculated based on the remaining loan balance, and the excess early repayment shall proportionally reduce the interest and service fees due for subsequent month(s).

In this case, the Borrower shall be informed that the repayment schedule has been changed due to early repayment, and that to obtain the new repayment schedule and information on the next payment, the Borrower may contact the Lender after one working day. If the Borrower chooses to receive the new schedule via postal service, the Lender shall provide (send) it within 3–5 working days. In this case, the new repayment schedule may be provided only in a form signed and stamped unilaterally by the authorized employee of the Lender, without the Borrower’s signature.

5. If the amount paid is insufficient to fully cover the upcoming repayment amount specified in the Borrower’s repayment schedule, repayment shall be made in the following order: first, service fees and other charges, then interest, and finally the loan principal.
 6. The Borrower has the right to pay the amounts for future months specified in the repayment schedule, requesting that in this case the following repayment order be applied: first, service fees and other charges for future months; then interest calculated as of the payment date; then service fees and interest for future months calculated on the remaining loan balance; and finally the loan principal for future months; or to specify another repayment order.

If no such request is made, the rule set out in clause 4 shall apply.
 7. In cases where the Borrower makes payments for future months in accordance with clause 6, the Borrower shall be exempt from making payments on the dates specified in the repayment schedule to the extent of those advance payments.

 

2. For Legal Entities
 

 

 The organization makes a decision regarding the loan application within a maximum of 2 business days (provided that the complete package submitted by the client is available), and the loan is actually disbursed to the borrower within a maximum of 2 business days after the loan is approved.

 Annuity (the loan is repaid through equal monthly installments consisting of principal, interest, and service fees). 

 

 

 "Arfin" UCO LLC will provide the client with information (statement) regarding the obligations arising from the loan agreement every 30 days. The statement is provided free of charge. You have the right to communicate with the financial organization through your preferred method: by postal mail, electronically, or by phone. 

 

 

 

ATTENTION: Poor credit history may hinder future loan processes.
 
Loans are processed at the office or representative branches of Arfin UCO LLC.
 

 "Your Financial Directory" www.fininfo.am is an electronic system that facilitates searching, comparing, and selecting the most effective options of services offered to individuals. 

 

What is a credit history? Credit history shows how you have fulfilled and continue to fulfill all your financial and credit obligations. Your credit history includes only data from the last 5 years from the date of the credit history inquiry (received loans - their quantity and amount, type and terms of each loan, repayment performance, guarantees provided to other people, presence of overdue loans, as well as associated fines and penalties). Example: If an inquiry about your credit history is made in July 2024, your credit history will reflect information only from July 2019 onwards. We also inform you that receiving a credit report from ACRA Credit Bureau once a year is free of charge. You can obtain your credit report online from the ACRA Credit Bureau website (www.acra.am) once a year and check your credit behavior. If you notice any errors, contact the lending organization to correct them. 

 What is a SCORE? 

The score is a customer creditworthiness rating formed in the scoring system, which is obtained through the analysis of various available information about the customer and the application of statistical methods. Based on the score rating, the possible credit limit, term, and other conditions for a specific type of loan can be determined. 

Arfin UCO LLC uses the ACRA SP3 complete report in the lending process, through which customer data is collected and analyzed, as well as information from various available information sources such as ACRA Credit Bureau, EKENG, NORK, and other databases is analyzed. Internal analysis algorithms are based on several key parameters, including the customer's credit history and financial behavior, credit load, income, and other factors. 

To improve the SCORE rating, the borrower can: 

For more detailed information, you can visit the following links:
abcfinance.am
acra.am 

 The Terms and Conditions for the provision and subsequent servicing of loans were adopted and approved by Order No. 52 of the Executive Director of ARFIN UCO LLC, Mr. Ararat Jaghatspanyan, dated 23 April 2026.