Grow Your Business, Keep the Commission at 0%! Bank VTB (Azerbaijan) Launches a Microloan Campaign for Individual Entrepreneurs Offering Loans of up to 50 000 AZN

Bank VTB (Azerbaijan) is introducing a new microloan campaign for individual entrepreneurs looking for new opportunities to develop and expand their businesses. As part of the campaign, individual entrepreneurs can access microloans of up to 50 000 AZN with 0% commission, as well as receive a discount of up to 3% on the applicable interest rate.

One of the key advantages of the campaign is the opportunity to obtain loans of up to 30 000 AZN without collateral and complete the application process online without visiting a branch. This provides entrepreneurs with more convenient and flexible access to financing for their business needs.

The new financing can be used to expand and take a business to the next stage of development, increase working capital, purchase equipment and essential resources, replenish inventories of goods and products, as well as finance other business needs.

Tural Huseynov, Deputy Chairman of the Management Board of Bank VTB (Azerbaijan), said:

"Supporting the development of small businesses is one of the key priorities of Bank VTB's activities. Along with ensuring convenient access to financial resources for entrepreneurs, we place particular emphasis on making the lending process as simple and flexible as possible. The 0% commission, a discount of up to 3% on the interest rate, and unsecured microloans of up to 30 000 AZN offered as part of the new campaign have been specifically designed to meet the business needs of entrepreneurs. The availability of a fully online application process makes the process even more convenient and efficient. We hope that these opportunities will enable entrepreneurs to meet their business financing needs more flexibly, manage their day-to-day operations more effectively, and confidently implement their growth plans."

Entrepreneurs can apply for a microloan at any Bank VTB (Azerbaijan) branch, submit an online application through the bank’s official website, or call the 986 short number for more information.