Geo

Short-term Business Loan

It is recommended to use a short-term business loan to perform one-time transactions/investments, or to finance a new business direction.

The principal of the loan and the accrued interest is to be repaid in a single lump sum upon maturity. It is also possible to repay the loan capital and current accrued interest before the scheduled term without any commission fee.

The term for short-term business loans is 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 14.53%

From 8.62%

From 7.67%

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

N/A

From 24.91%

From 23.81%

Loan disbursement fee

From 0.2%

Cash withdrawal fee

0.20%

0.30%

0.30%