Products

StartUp Loan

  • The MBC Startup Loan gives you the opportunity to turn an idea into a business, or get financing for the development of an existing business!
     
  • Get a loan of up to 100,000 GEL with minimal documentation and simplified procedures!
     
  • MBC will provide you with free business consulting and financial advisor services!
Request Loan

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;

Why You Should Use the MBC Startup Loan

 

Because MBC is always the best choice!

 

  • MBC sponsors your ideas!
  • MBC will review any customer application with any credit history!
  • Loans are issued to legal entities, individual entrepreneurs, and self-employed persons!
  • The payment schedule is individually adjusted to the customer's income!
  • Minimum documentation and simplified borrowing procedures!
  • Take advantage of MBC services in most towns and cities in Georgia!

What is needed to get a loan?

ID card or passport

An idea or an already up-and-running business

Appropriate collateral

Main Terms of the Startup Loan

Loan Currency
GEL
Maximum Loan Amount
100,000 GEL
Maximum Loan Term
120 Months
Nominal Interest Rate (Fixed)
From 20% (Fixed)
Effective Interest Rate
From 22.3%
Commission
From 1% To 2%
Standard Cost of Lien Registration
GEL 113
Standard Cost of Mortgage Registration
GEL 76
Overdue Fine
0.1%
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%

How do I get the desired amount

Fill out the online application

Wait to Hear From Us

Visit a nearby MBC branch

What Else Do You Need to Know about Start Up Loans

What is a startup?

Startups are often thought of as newly established companies. However, in reality, they can also be an existing organization that has great potential for growth and development.

 

Therefore:

 

  • If you have an interesting business idea or an existing business, for the development of which you need financial support - MBC is the best choice for you!
  • You can get up to 100,000 GEL financing from MBC to implement your business idea!
  • Come to MBC and turn your idea into a successful business! Keep in mind - MBC has the best conditions!

Keep in mind - MBC always has better conditions!