Geo

Credit Line

A credit line can be used to replenish short-term liquidity or to finance working capital. If you use a credit line, you only pay the interest accrued on the loan capital on a monthly basis;

If you have funds available before the maturity of the credit line, you can repay and then re-use the principal amount as and when it is needed. The full debt is repayable upon maturity of the credit facility.

Maximum credit line period: 12 months

Loans with standard repayment schedule

GEL

USD

EUR

Loan interest rate

Fixed, indexed (refinancing rate, LIBOR, EURIBOR)

Nominal interest rate

From 13.50%

From 7.70%

From 7.00%

Effective interest rate

From 14.79%

From 8.53%

From 7.80%

Effective interest rate in case of 15% depreciation of the foreign currency

N/A

From 24.80%

From 23.96%

Loan disbursement fee

From 0.2%

Cash withdrawal fee

0.20%

0.30%

0.30%

Real property mortgage registration fee

GEL 158 per property

Real property mortgage cancellation fee

GEL 158 per property