InfinBANK: credit amount increased up to 5 billion UZS, rate at 18.99% for 7 years
InfinBANK has expanded business financing opportunities by increasing the limit on the Infin Yuksalish credit product to 5 billion UZS. The program allows for the replenishment of working capital, covering operational expenses, and refinancing loans at other banks.
InfinBANK: credit amount increased up to 5 billion UZS, rate at 18.99% for 7 years
New financial opportunities are opening up for rapidly developing businesses in Uzbekistan. InfinBANK has updated its Infin Yuksalish credit product: now entrepreneurs can receive funds up to 5 billion UZS based on a reduced rate of 18.99% per annum.
The fivefold increase in the loan amount makes this program an effective financial solution for expanding business, overcoming shortages of working capital, and optimizing current credit obligations.
The main conditions of the updated Infin Yuksalish credit product are as follows:
The main problem for many entrepreneurs is "expensive" and short-term loans taken at high rates, which significantly reduce net profit.
The new limit of 5 billion UZS allows for full financing: existing loans at other banks can be transferred to InfinBANK at a rate of 18.99% per annum. This allows for consolidating several debts into one, significantly reducing monthly payments, and freeing up working capital for the real development of the company.
Legal entities and individual entrepreneurs (IEs) have the opportunity to use this credit product.