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Home > Businesses > Business Loans > Business overdraft

Business overdraft

A business overdraft is a loan facility intended to provide short-term liquidity. Accrued monthly interest is paid only on the used portion of the overdraft.

Benefits of business overdrafts:

  • An effective way to cope with unforeseen expenses and payments
  • Quick access to funds – you can use funds as and when needed and without the bank’s prior approval
  • Low interest – accrued interest is paid on the used portion of the overdraft only
  • Flexible collateral conditions – business overdrafts of up to GEL 20,000 are granted without any collateral

The maximum term of the business overdraft is 6 months.


Agro Credit
Can be used for Working capital, Fixed assets, Real estate and Other business needs

Floating Loans
Business loans with a floating interest rate can be issued in GEL or USD

Credit line
A credit line is a credit facility where only the monthly accrued interest is paid during the term of the credit line

Business overdraft
A business overdraft is a loan facility intended to provide short-term liquidity

Short-term business loan
A short-term business loan is helpful for one-off transactions/investments or for the start-up of new business lines.

Credit limits
Creditworthiness is the maximum amount which you can obtain from the bank based on the solvency of your business.
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