Global Credit has introduced a new financial product, the Renovation Loan, designed to help customers renovate, furnish, and improve their apartments or houses through fast and affordable financing.
As demand for home renovation and furnishing continues to grow, Global Credit developed this solution to provide customers with flexible financing options for purchasing renovation materials, furniture, plumbing equipment, lighting systems, household appliances, and other home improvement products.
Through Global Credit's partner stores and suppliers, customers can access financing with a 15% annual factual interest rate. Loan amounts range from AMD 500,000 to AMD 10,000,000, with repayment terms of up to 120 months (10 years).
The product is available to individuals who already have an active mortgage loan. Customers may qualify even if their property has not yet been commissioned or delivered for occupancy, and they may also apply if they already have another active renovation-related loan.
The entire loan application and approval process is conducted fully online, requires no paperwork, and can be completed within minutes.
In addition to attractive financing conditions, customers receive exclusive discounts and special offers at participating partner stores. These benefits are available only to Home Renovation Loan customers, helping them reduce the overall cost of furnishing and renovating their homes.
Applications can be submitted directly at partner stores or online, with financing decisions provided in just a few minutes.
For more information about the Home Renovation Loan, customers can visit Global Credit's official platforms and digital channels.
Key Features:
- Home renovation and furnishing financing
- Loan amount: AMD 500,000 – AMD 10,000,000
- Repayment period: Up to 120 months
- Effective annual interest rate: 15%
- Fully online application process
- No paperwork required
- Available for existing mortgage holders
- Property does not need to be commissioned or occupied
- Existing renovation loans do not automatically disqualify applicants
- Exclusive partner-store discounts and special offers
- Fast approval within minutes
