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Tourism Start-up Business Loan

Get funding to start or grow your tourism business!

If you want to implement a tourism business idea or develop an existing one, Credo Bank offers you the opportunity to receive a tourism start-up business loan for the following purposes:

  • Renovation of a place of accommodation, arrangement of a hotel, family hotel, cafe-bar or restaurant
  • Purchase of furniture and equipment
  • Arrangement of a souvenir workshop or booth
  • Purchase of seasonally relevant entertainment facilities
  • Purchase of transport intended for tourism activities


In addition, you will be able to repay the loan seasonally, on a schedule adjusted to your income.


Interested?

Calculate the approximate monthly payment for the desired amount and term here - in the loan calculator.

To request, fill out an application.

Conditions
  • Loan currency: GEL, USD, EUR
  • Loan term: up to 48 months
  • Grace period when issuing a loan: both on the principal amount and on the principal amount and interest rate for the first 23 months; and, for each subsequent year, 11 months per year
  • Annual interest rate: from 14%
  • Effective interest rate: from 18.28%
  • Repayment frequency: seasonal payment schedule
Advantages
  • Flexible seasonal payment schedule tailored to your income
  • Grace period on the loan, covering both the principal and interest for the first 23 months; and for each following year, up to 11 months per year

Calculate & Apply