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Green light to Auto Buisness

If you are transporting vehicles from abroad and want to expand and develop your buisness but suffering lack of savings, we have a great product to offer specially for you.


Terms:

Loan amount : max 150 000 USD. Besides, loans up to 200.000 GEL can only be issued in GEL, except when total liabilities of the borrower in the Bank of Georgia is more than 200,000 GEL, after receiving  the loan;
Loan duration : 6 months
Annual interest rate: From 16%  
Effective annual interest rate: From 23.1%
Loan type : renovative
Loan repayment schedule : interest paid on monthly basis, covering bottom at the end of the term of loan
Vehicle age : Maximum 13 years
Collateral : Dealer-owned vehicle or vehicle purchased by loan