What are the Benefits of an MBC Startup Loan
The main advantage of an MBC Startup Loan is the fast and simplified procedures. In addition, MBC gives you the opportunity to take advantage of an individual payment schedule tailored to your income.
If you have an interesting idea or are looking to expand your existing business, MBC will provide you a free business consultation and will finance the implementation of your ideas.
Always better terms for a Start Up loan of up to GEL 100,000;
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?
An idea or an already up-and-running business
Main Terms of the Startup Loan
Maximum Loan Amount
Maximum Loan Term
Nominal Interest Rate (Fixed)
From 20% (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:
If, before the end of the contract, there is left 1 month: 0%; 6-12 months: 0,5%; 12-24 months: 1%; 24+ months: 2%