BAKU, Azerbaijan, October 30. PASHA Bank has
launched POS Loan, a new lending product designed to improve access
to financing for small and medium-sized businesses. Available to
legal entities and individual entrepreneurs using the Bank’s POS
and mobile POS (mPOS) terminals, the product provides unsecured
financing based on their sales turnover. The loan amount ranges
from AZN 5,000 to AZN 250,000. No interest is charged during the
first 15 days, and the effective annual interest rate (EAIR) is
19.06%.
One of the key advantages of POS Loan is its repayment
structure, which allows entrepreneurs to repay their loans in line
with their POS sales turnover.
Customers can apply for POS Loan through PASHA Bank’s online
banking platform or business mobile application. To qualify,
customers must have used PASHA Bank’s POS services for at least six
months and have operated a registered business for more than one
year. They must also have completed more than 30 transactions
through the Bank’s POS terminals in each of the preceding six
months. The loan amount is determined solely on the basis of POS
turnover processed through PASHA Bank.
PASHA Bank was named “Best Bank in Azerbaijan” and “Best SME
Bank in Azerbaijan” for 2026 by the international financial
publication International Investor Magazine. In recent years, the
Bank has also received awards in various categories from Euromoney
and Global Finance. It became the first Azerbaijani bank to win a
Gold Stevie Award in the “Company of the Year” category at the
Stevie Awards.
For more information about POS Loan and to apply, please
visit.
