In Partnership With "Enterprise Georgia" Agency
The Start-Up loan project was implemented in partnership with "Enterprise Georgia" agency and gives entrepreneurs opportunity to take advantage of state subsidies and co-participation in providing loans.
Financing start-ups is able on the base of predicted income and current income is not mandatory.
For more information about the "Enterprise Georgia" program, visit the agency's website.
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Loan Currency
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Issued only in national currency - GEL
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Term
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Max. 180 months
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Disbursement Fee
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0.2%
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State Subsidy
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The refinancing rate of the National Bank minus 5%
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The amount of the state guarantee
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No more than 80% of the approved loan
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Term of Interest Subsidy
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For the full term of the loan
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Targeting
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Fixed assets - 50%/ Working capital - 50%
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Within the framework of the mentioned sector the following enterprises are financed:
- Production of packing materials, including, carton, corrugated tare
- Production of construction materials, including ceramic makes, marble, granite and other natural stones
- Electricity production using renewable energy sources
- Textile goods, including clothing, shoes, thread (wool, silk) and leather processing
- Chemical, including, detergents, active chemical substances and cosmetics
- Pharmaceutical production
- Electrical technical appliances, including production of home appliances
- Plastics production
- Timber processing and furniture, MDF, DSP production
- Machinery, including spare parts production
- Production of metal goods.
See the registration / termination fee at the link *
* Collateral registration / termination fee applies only to secured loans