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Tourist Start Up Business Loan

The loan is intended for individuals who have experience in tourism business or have assets in places of interest and wish to start and develop their own tourist business

The purpose of the loan
  • Renovation of lodging premises
  • Money for arranging Hotel, Hostel, Cafe or Restaurant
  • Furniture and household goods for lodging premises
  • For making souvenir workshop or booth arrangement
  • Purchasing transport for tourism activities

Loan repayment -  flexible schedule is customized to the revenue and needs of borrower, through seasonal payments.

 

Benefits
  • Flexible schedule is customized to the revenue and needs of borrower, through seasonal payments
  • Grace period at loan authorization on loan principal, as well as loan principal plus interest rate - 23 months, every following year - 11 months per year
  • Quick and easy procedure of loan taking
Terms
  • Loan currency - GEL, USD, EU
  • Loan term - up to 120 months
  • Grace period at loan authorization on loan principal, as well as loan principal plus interest rate - 23 months, every following year - 11 months per year
  • Interest rate from 10.5% (effective 14.3%)
  • Coverage Frequency - Seasonal payment schedule
Additional benefit

Consultation and training on topics:

  • How to start and develop a tourist business
  • What kind of tourism business will generate more revenue
  • How to Maximum Consumers
  • How to acquire partners to offer tourists a comprehensive service
  • How to contact users through Internet channels