Acba Leasing offers purchase of Fiat trucks on lease at interest rate starting from 0

YEREVAN, December 12. /ARKA/. With the aim of helping companies modernize their production capacities Acba Leasing offers to obtain Fiat trucks from Fine Cars of Armenia on lease starting from 0% actual interest rate.

The terms of the leasing as part of the government-designed program to promote the modernization of production capacities, are as follows:

– Currency: AMD, USD, EUR

– Prepayment: from 10%

– Repayment period: up to 72 months

– Subsidy period: up to 42 months

After subsidizing, the actual annual interest rate for contracts in AMD will make 1.45%-7.68%, in foreign currency – from 0% to 5.47%.

More information about the leasing terms and other details of the program are available here.

The maximum amount of assistance provided by Acba Leasing within the framework of the program is AMD 1 bln or the equivalent in foreign currency.

In addition, a business owner with a share capital in the amount of AMD 200 million or more invested after January 1, 2021 and up to the date of application for assistance, may enjoy the privilege of applying for a financing up to AMD 10 billion, in accordance with the terms of the program.

Acba Leasing is controlled by the Central Bank of Armenia. -0-

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