Small Business Loan

Restock, purchase equipment or plan your next stage of growth. With a Creditservice+ small business loan, you can discuss funding and repayment terms based on your business activities and income.

Small Business Loans from Creditservice+

Creditservice+ has operated in Georgia’s financial market since 1999. The microfinance organisation offers entrepreneurs funding for day-to-day expenses, working capital and business development.

When reviewing your application, a loan officer will look at your business activities, income and the purpose of the funding. During the consultation, you will discuss the required documents, loan amount and repayment schedule.

How a Small Business Loan Can Fund Operations and Capital Investment

You can use the funding to buy new stock, expand production or renovate your workspace. A loan may also help finance equipment purchases, improvements to logistics or a move to new premises.

Working Capital

Stock purchases and day-to-day operating expenses

Machinery and Equipment

The equipment and tools your business needs

Business Expansion

Renovating premises and developing production

What Does Creditservice+ Offer Small Businesses?

LOAN AMOUNT

From GEL 300

Up to GEL 100,000

BORROWER AGE

21–65 years

For entrepreneurs running an active business

INCOME SOURCE

Business

Income from an operating business

You will need to provide evidence of business income. When agreeing the loan amount and repayment terms, consider both your current turnover and planned expenses.

If you also need funds for personal expenses, mention this when your application is reviewed. To compare alternatives, take a look at a consumer loan.

A Repayment Schedule for Your Business

Loan terms range from 1 to 48 months. For funding in tranches, the stated period is 4 to 30 weeks. Confirm the arrangement and the terms of each tranche with your loan officer.

You can choose a repayment schedule that reflects how often your business receives income: daily, several times a week, weekly or every two weeks.

DailySeveral Times a WeekWeeklyEvery Two Weeks

For example, a shop with daily turnover may find smaller, frequent payments more manageable. Payments can be made at any Creditservice+ branch.

Transparent Terms for Managing Small Business Operating Risks

Before borrowing, consider how repayments will affect your business budget. Compare expected income, ongoing expenses and the amount needed to service the loan.

Read the loan term, interest rate, fees and other obligations before signing the agreement. Ask your loan officer to explain anything that is unclear.

If you pay business expenses in another currency, check the exchange rate and allow for conversion costs when planning your budget.

Frequently Asked Questions About Small Business Loans

What documents do I need to apply for a small business loan?

You will generally need an identity document and evidence of business turnover, such as a bank statement or a Revenue Service tax declaration. Your loan officer will provide the exact list after learning about your business.

How long does loan approval and disbursement take?

Review begins once your application and the required documents have been received. The indicative timeframe is one or two business days. The exact timing depends on your application and supporting information and will be confirmed during the consultation.

Is a grace period available?

The small business loan does not include a grace period. If you need one, discuss the available alternatives with your loan officer.