Project supported by BBF secures investment

Baku. 6 September. REPORT.AZ/ The Alkredit project supported by Baku Business Factory (BBF) has secured investment.

Report informs that Move Consulting company, the founder of Alkredit.az portal, signed an agreement with Quality Solutions operating in the field of consulting and marketing communications in Azerbaijan. The contract was signed by the founders of Move Consulting company Elshad Yusifli and Rashad Eyvazov and the director of Quality Solutions, Taleh Tahirli.

Yusifli said that they started the project in 2015. According to him, the revival of the banking sector this year made it necessary to expand the Alkredit.az portal.

"It is not about the amount of investment, but rather serious strategic cooperation. Thereon, we will cooperate with Quality Solutions company to expand, develop and closely cooperate with Alkredit.az. We will provide technical support to the portal and carry out works to optimize its performance by expanding technical capabilities of the portal. Quality Solutions will do its best to expand the portal," said Yusifli.

While speaking about innovations,Yusifli added that earlier, customers were offered loans at Alkredit.az: "Then, after receiving the loan offer from the client we will offer them to the banks. By this way, we will advise the customer about the best bank in accordance with his terms. While applying, the client does not select banks, only writes the terms, and we send these terms to the banks we cooperate with. In a very short time, the mobile version of the portal will be released on the IOS and Android systems for the clients, which will significantly facilitate the citizens' appeals."

According to the director of Quality Solutions company Taleh Tahirli,  Alkredit.az opens new opportunities for both banks and citizens being an application portal for obtaining a loan.

"First of all, our goal is to find the right bank for the clients and a suitable bank for the clients. So, we function as a coordinator and mediator with Alkredit.az project, which effectively influences the operations of both the banks and the clients. In other words, we negotiate with banks and offer favorable loan terms to potential customers that seek  to get a loan. Moreover,  we analyze customers who apply to the portal and want to raise a loan, then direct customers with relevant indicators to the banks, thus significantly facilitating the work of the banks. We act on the principles of responsible loans in the work of Alkredit.az portal, which will help to create a sound credit portfolio for the banks," Tahirli said.

Notably, owing to the new portal the clients can now obtain different types of loans from banks, and banks can work more efficiently to provide customers with sound loans as a result of proper orientation.

Alkredit.az gives many advantages to both banks and people willing to obtain a loan. These advantages include the representation of many banks in the portal, easy online application of the clients and directing them with suitable terms to the banks.This in turn will mean a preanalyzed and sound customer for the banks. As a result, both the applicants and the banks will save time. Alkredit.az portal also offers suitable terms for raising a loan. It is possible to apply to the banks for four credit products - credit cards, consumer loans, mortgages and business loans through the portal. Advantages also include prompt service and full protection of the confidentiality of applicant's information