Business Loan
In order to Cover Operational Costs, Supply Working Capital, Purchase Commercial Property or agree on custom-tailored solutions to your specific needs contact our Sales Team!
Products
Terms
Products
- Business Loan
- Credit Line
Terms
| Loan currency | GEL | USD | EUR |
| Minimum loan amount | 5,000 GEL | 200,000 GEL equivalent in USD | 200,000 GEL equivalent in EUR |
| Maximum loan amount | Not defined | Not defined | Not defined |
| Minimum loan term | 1 month | 1 month | 1 month |
| Maximum loan term | 180 months | 180 months | 180 months |
| Annual Interest Rate | From 13.50% | From 10.00% | From 9.00% |
| Annual Effective Interest Rate | From 15.00% | From 11.00% | From 10.00% |
| Collateral | Real estate, commercial property, landplot, surety, stock, superficial right, blank, portfolio pledge | Real estate, commercial property, landplot, surety, stock, superficial right, blank, portfolio plede | Real estate, commercial property, landplot, surety, stock, superficial right, blank, portfolio plede |
| Property Insurance Fee | From 0.2% | From 0.2% | From 0.2% |
| Life Insurance Fee | Not Required | Not Required | Not Required |
| Collateral Appraisal Fee | From 200 GEL | From 200 GEL | From 200 GEL |
| Mortgage Registration | 157 GEL | 157 GEL | 157 GEL |
| Mortgage Cancellation | 150 GEL | 150 GEL | 150 GEL |
| Issuance Fee | From 0.5% | From 0.5% | From 0.5% |
