What are the advantages of MBC Business Loan?
The main advantage of MBC is the fast and simplified procedure of getting a loan! In addition, you can take advantage of an individual, revenue-adjusted payment schedule.
MBC offers two types of business loans - secured business loans: from 2,000 to 100,000 GEL and unsecured business loan in the amount of 500 to 10,000 GEL. The maximum term of the loan is 120 months.
Always better terms for secured and unsecured business loans;
Review the financing in case of any credit history;
Grace period of up to 6 months;
Decreasing payment schedule, tailored to your income;
Transferring from any financial organization;
Fast and simplified procedures;
What is needed to get a loan?
MBC takes care of saving customer's time and energy and requests minimum documentation to issue a loan. In order to be able to get the MBC Business Loan, you only need:
Run a business or be self-employed
In case of secured loan – have an appropriate collateral
Main Terms of the Business Loan
Maximum Loan Amount
Maximum Loan Term
Nominal Interest Rate (Fixed)
Effective Interest Rate
Standard Cost of Lien Registration
Standard Cost of Mortgage Registration
Early Redemption Fee - Before the End of the Contract There is Left:
1 Month: 0%; 6-12 Month: 0,5%; 12-24 Month:1%; 24+ Month: 2%