Inecobank offers favourable conditions of cooperation to the companies within the scope of point of sale lending, as one of the leading banks in the field of consumer lending.
The company pays an amount equal to AMD 20 000 to the Bank for certification. The first fee is charged upon concluding the Cooperation Agreement.
Money claims generated as a result of point of sale trade/selling/ by the company are decreased at 2-3.5% discounted prices of the value of the goods sold on by-instalment conditions in accordance with the below-mentioned conditions.
| Monthly turnover (including point of sale trade turnover) || Discount amount (applied on the value of the goods sold on point of sale condition) |
|up to 20 000 000 AMD|| 3.5 %|
|20 000 000 - 40 000 000 AMD|| 3.0 %|
|40 000 000 - 60 000 000 AMD|| 2.5 %|
|60 000 000 AMD and more|| 2.0 %|
The discount amount is reverse proportional to the turnover of the bank account of the Company which the latter acquires in the Bank. Deduction shall be made from the discount amount by the Bank depending on the movement generated on behalf of other funds (not having any connection with point of sale trade/selling) acquired by the company. As a result, the minimum discount amount can equal to up to 1,5%.
| Account movement generated from
point of sale trade within the total turnover
|| Deduction amount from the discount rate |
In the event of early utilization of entries generated as a result of point of sale trade, a one-time fee in amount of 0.5% is applied by the Bank against the utilized amount.