Tourism loan
If you want to implement a business idea in the tourism industry or expand existing one, take advantage of the special favorable conditions of the tourist loan of Credo Bank.
With our Tourist Loan, you can get approved based on any type of income and enjoy a grace period on both the principal amount and interest rate.
we offer a seasonal payment schedule that can be tailored to your income, making it easier for you to manage your repayments.
Terms
- Annual interest rate: from 19%
Effective interest rate: from 22.80%
Loan amount: from 500 GEL to 150,000 GEL (with collateral) - up to 40,000 GEL without collateral
Term: 4 – 120 months
Loan issuing commission: from 2%
Loan monitoring fee: from 0.5 GEL
Insurance commission: from 0%
Current account monthly service fee: 1 GEL
Advantages
- A simple and prompt procedure for getting a loan;
- Taking into account upcoming incomes;
- A flexible payment schedule on a loan – with minor payments.