Ameriabank launches SME working capital finance program in tandem with USAID FS Share
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Ameriabank launches Purchase Order Financing program meant for the SME in the framework of the USAID FS Share project.
Ameriabank will direct up to USD 2 mln funding to the program implementation.

The aim of the program is to boost SME sales, increase revenues and create new jobs by means of the working capital. Among the intended beneficiaries of the program are enterprises specializing in trade, food industry, agriculture, tourism, IT and power industry. The eligible candidates should have working capital secured with approved purchase orders or sale/purchase agreements. The program will provide financing for purchase of the raw materials necessary for the clients to execute the signed agreements and output for resale; packing and/or other production costs.

The project will trigger SME development in the RA, boost sales, significantly increase revenues and create new jobs.

Updated 26.03.2010, 18:51
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