Note:
Small differences may arise between the results calculated in this calculator and the payment schedule determined by the bank for specific equipment loans. So, when calculating with a calculator, the commission fee determined by banks is not taken into account. This calculator was created by entrepreneurs to help them plan their business by making preliminary calculations for equipment loans.
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Equipment loan calculator
In the Date section - enter the date you want to get a loan.
Enter the loan amount in the Amount section. Entrepreneurial entities can be granted equipment loans in the following limits:
from 5,000 to 50,000 manats - small loans;
from 50,001 manats to 1,000,000 manats - medium-sized loans;
from 1,000,001 to 10,000,000 manats - large loans;
The maximum limit of the equipment loan received by each business entity at the expense of the Fund (including for one investment project) cannot exceed 10,000,000 manats.
In the term part - enter the term of the loan. The terms of the Fund's equipment loans are determined as follows:
for small loans - up to 3 (three) years;
for medium loans - up to 5 (five) years;
for large loans - up to 10 (ten) years;
In the Grace period section - enter the grace period of the loan. The grace period for the use of loans is determined based on the information on cash flow for each business entity granted a loan, depending on the nature of the activity, and may cover the first 1/2 period of the loan's use period. During the grace period,
business entities pay only interest debts, and do not make any payments on the principal debt.
In the Equipment loan interest section - enter the equipment loan interest. The annual interest rate applied by authorized credit institutions to the Fund's loans should not exceed 9 percent.
Payment schedule of real estate loan