Business Loan ''Standard''

 A legal entity registered in the Republic of Armenia or an individual entrepreneur who is a resident and earns stable income from their business activities (registered and/or operating for at least 6 months). 

When receiving the loan funds, the borrower must act in their own name and for their own benefit. 

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

301,000-5,000,000 AMD 

3-48 months 18%
49-84 months 19% 

33.1% - 36.26%

3–84 months for the acquisition of working 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% (monthly) on the loan principal balance 

  15.000 AMD 

 Non-cash 

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

The total amount of all loans is up to 4,000,000 AMD. (Armenian Drams) 

 Guarantee and Collateral Requirements: 

  

Guarantor Requirements: 

  

Minimum Requirements for a Subsidiary Guarantor: 

A subsidiary guarantor must be one of the following: 

  

Other Conditions: 

 The borrower has the right to fully or partially repay the loan early and fulfill the obligations stipulated by the agreement without paying any penalty.
 

Accordingly: 

✔ In case of early full repayment of the loan, the borrower pays the principal amount, accrued interest as of the payment date, service fees, other charges, and the loan amount. 

✔ In case of early partial repayment of the loan: 

✔ The borrower may, at their discretion, also make payments for future months as specified in the repayment schedule.
  

In that case, repayments will be made in the following order: 

The borrower is exempted from making payments on the scheduled repayment dates for the corresponding future months to the extent of the repayments already made in advance.
  

4.   In case of early partial repayment of the loan, the amount paid shall first be used to cover the full amount of the upcoming scheduled payment defined in the Borrower’s repayment schedule. If the amount paid exceeds the upcoming installment, the excess shall be directed toward loan principal repayment, except in cases where the Borrower specifies that the amount should be distributed across future months as described in clause 6. In such case, future interest and service fees defined in the repayment schedule are calculated based on the remaining loan balance, and the excess principal repayment reduces the interest and service fees of subsequent months accordingly. In such cases, the Borrower is informed that the repayment schedule has been adjusted due to early repayment, and that a new schedule and information on upcoming payments can be obtained from the Lender after one business day. If the Borrower chooses to receive the new schedule by mail, it will be provided within 3–5 business days. In this case, the updated repayment schedule may be issued only as a document signed and stamped by the Lender’s authorized representative, without the Borrower’s signature. 

5.   If the amount paid is insufficient to cover the full upcoming scheduled payment, the repayment is applied in the following order: service and other fees, then interest, and finally principal. 

6.   The Borrower has the right to make payments for future months under the repayment schedule, requesting that payments be applied in the following order: service and other fees for future months, interest calculated as of the payment date, future service fees and interest calculated on the remaining loan balance, and finally the future principal amount; or by specifying an alternative repayment order. If no such request is made, the rules defined in clause 4 shall apply. 

7.   In cases where the Borrower makes advance payments for future months as defined in clause 6, they are exempted from making payments on the scheduled dates to the extent of such advance payments. 

 

 1. Individual Entrepreneur 

  

  

 

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

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.