Azerbaijan offers 90% loan guarantee and 10% interest subsidy for 7-year business loans in liberated territories.

Azerbaijan has introduced a support mechanism to encourage entrepreneurship in liberated territories. The state guarantees up to 90% of business loans for entrepreneurs operating in these areas, with loans of up to 5 million manats available for a maximum of 7 years at an annual interest rate of up to 15%. Additionally, the state subsidizes 10% of the annual interest rate for up to 36 months, and a grace period of up to 36 months is applied, not exceeding half the loan period. Entrepreneurs can apply for the support mechanism by registering in the "Electronic Credit and Guarantee" information system through the e-gov portal and the gov website.

February 02, 2024
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