Purchase order financing

Purchase order financing

If you have signed an agreement for goods and services, however don't have enough funds available to cover the costs, At Inecobank we offer Purchase Order Financing service to our corporate customers. Within the framework of the service the Bank will finance the order taking into consideration the agreement signed between the parties. 

Lending purpose
  • Replenishment of working capital
  • Investment goals
  • Other business development goals
  • Refinancing of loans in other financial institutions

Loan Amount
Minimum: 1 000 000

Loan Maturity
  • 1 - 48 months for replenishment of working capita
  • 1- 84 months for the acquisition of fixed assets or other investments
Additional fees
Account opening fee:
According to  “Main Terms of Bank Services for Customer Care”,
Cash withdrawal commission from the account:
According to  “Main Terms of Bank Services for Customer Care”,
Additional one-time account service fee:
Loan payment 0.5-2%, but not less than 50,000 AMD.
Annual Nominal Interest Rate
12%  - 19
Taking into consideration the short-term nature of the loan and strict purposefulness, the Bank can accept the following as a security: 
  • Irrevocable (approved) documentary letter of credit, 
  • Bank guarantees,
  • Current assets, 
  • Accounts receivables, 
  • Funds, 
  • Sureties.

Fee for collateral or loan term amendment are AMD 50 000.
Surety of partners, family members, other physical or legal entities.
Property Insurance
Upon request by the Bank

Updated as of 10.05.2024 15:40