Updated business products package at MBC

MBC presents an updated range of business loan products for micro, small and medium-sized businesses, private entrepreneurs and self-employed individuals. The offering combines improved lending terms, increased credit limits and simplified procedures. In addition, customers who choose remote banking services will be able to benefit from effective interest rates several percentage points lower than those available through in-person service.

When developing the new products, we took into account the key factors entrepreneurs consider when choosing a financial partner: access to the required funding, flexibility, competitive terms and straightforward procedures that do not require unnecessary time.

The updated business product range is designed to address these needs and brings together the core financial products: business loans, agricultural loans, loans for self-employed individuals and credit cards. The package includes both unsecured financing and loans secured by real estate or vehicles. We are also increasing the maximum lending limits, with financing available for amounts of up to GEL 500,000.

The offering is designed both for existing businesses looking to grow and for those planning to start their own ventures. Whether the purpose is to replenish working capital, expand a business, finance agricultural activities or meet other business needs, customers can explore a range of credit products in one place and choose financing tailored to their activities and financial capabilities.

Particular attention is given to self-employed individuals, including farmers, owners of family-run farms, private tutors, craftsmen, and others engaged in independent economic activities.

One of the key advantages of the new offering is the availability of remote services. We believe that time is a valuable resource for entrepreneurs and should primarily be devoted to developing their businesses. That is why customers can submit applications and complete the relevant procedures remotely, without spending time visiting a service center.

Choosing remote service is also financially more beneficial: customers can obtain loans at effective interest rates several percentage points lower. This means not only saving time but also reducing the overall cost of financing.

Giorgi Gvaladze, MBC Commercial Director:

"We want people seeking financing to start or grow their businesses to be able to compare available offers and discover opportunities at MBC that best suit their needs. Our goal is to be a financial partner that understands customers' needs, values their time and helps them make informed financial decisions."

We will continue introducing new developments, innovative financial products, and services that respond to market needs. We constantly monitor customer expectations and work on solutions that make banking services even simpler, more accessible and more advantageous.

"This is exactly what common sense in banking means to us: making banking simple, transparent, and human," notes Giorgi Gvaladze, MBC Commercial Director.

Find out more about MBC's business products.