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Startup Loan

Receive funds to implement a new business idea or develop your existing activities.

Start-up Loan

Planning to start a new business or expand your current one and need financing?


No matter which sector you aim to develop—services, trade, agribusiness, or tourism - apply for a startup loan at Credo Bank and receive:

  • A payment schedule adjusted to your business's seasonal income, considering your future revenues.


Funding for tourism activities covers the following purposes:

  • Renovation of accommodation facilities such as hotels, family guesthouses, cafés, bars, and restaurants
  • Purchase of furniture and appliances
  • Setting up souvenir workshops or stalls
  • Acquisition of seasonal entertainment equipment
  • Financing of tourist transport


Interested?

Calculate your desired loan amount and indicative monthly repayment using our loan calculator.

To apply, fill out the application form.

Conditions

Startup Business Loan Terms:

  • Annual interest rate: from 18.25%
  • Effective interest rate: from 21.02%
  • Loan amount: from GEL 8 000 to GEL 250 000
  • Term: up to 120 months
  • Loan issuance commission: from 3%
  • Loan monitoring commission: from GEL 0.5


Tourism Startup Business Loan Terms:

  • Loan currency: GEL, USD, EUR
  • Loan term: up to 48 months
  • Grace period upon loan issuance: first 23 months for principal and interest payments; subsequently, 11 months each year
  • Annual interest rate: from 14%
  • Effective interest rate: from 18.28%
  • Repayment frequency: seasonal payment schedule

Calculate & Apply