Seasonal business loan is designed to finance small businesses that generate most of their income from the business sector on a seasonal basis. Seasonal loan is available for both the development of established businesses as well as for a start-up business.
 

Seasonal Loan Payment Terms.
 

Payment terms are maximally adjusted to seasonal activities. You can enjoy a maximum grace period of 6 months per year, during which only interest is paid, while the principal and accrued interest are paid each year for at least three months.

 


 

Seasonal Loan

Terms

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Loan TermUp to 120 months
Loan CurrencyGEL; USD
Loan Volume *Maximum - USD 1 000 000 or its equivalent in GEL
Collateral for a loanReal Estate
Loan PurposeRepairs; Purchasing fixed assets Purchasing real estate

*The issuance of money amount less than 750 000 GEL is possible only in national currency for private persons citizens of Georgia and individual entrepreneurs

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