
Terabank's new Start Up Business Loan is available to those interested in starting or expanding a business in the fields of production, tourism, medicine, or education.
Loans range from 50,000 GEL to 300,000 GEL are partially subsidized by the state agency "Enterprise Georgia" that also provides up to 80% of collateral for the loan. Additionally, the loan is based on future income, an appealing feature for MSME sector representatives.
Terabank is glad to offer this new product to both existing and new customers, but all the interested parties should meet the criteria of programs set by the agency "Enterprise Georgia".
Conditions
Loan Security
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Contribution
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Proof of Income
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Income Type
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Loan Purpose
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Conditions
Ability to withdraw money
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Ability to add money
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Nominal Interest Rate
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Effective Interest Rate
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Initial deposit
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Term
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