Small Loan Terms:
• Loan currency - GEL;
• Type of payment - annuity/interest only;
• Loan term - 6-48 months;
Compatibility criteria
• The borrower must be a legal entity resident in Georgia; whose founder will be an individual or legal entity resident in Georgia.
• The date of establishment of the legal entity - 3 months must have passed;
Loan security:
Located in the territory of Tbilisi, Rustavi, Batumi:
• Building apartment;
• private house;
• Commercial Space.
The owner of this property must be represented by any legal entity resident in Georgia or a member of the managementof the borrowing organization/partner/shareholder or a member of the partner's/shareholder's household;
Required documents:
• Document from the business register of the borrowing organization;
• Identity document of directors and founders;
• Documentation confirming the organization's activities (bank statement, profit and VAT declarations, etc.)
The business loan amount is:
• at least 5,000 GEL;
• Maximum 100,000 GEL.
Lending:
• Within one day of the interview.
Form of payment:
• Repayment of loan principal and interest equally (annuity);
• Interest only repayment.
