Fill in an Application Business Overdraft
Business Overdraft –credit product which is created for covering company’s operational expenses like:
- Reapaying liabilities to suppliers
- Transportation and customs clearance charges
- Taxes
- Salary expenses
- Other operational costs
| Loan currency | GEL, USD, EUR (for Private Entrepreneurs loans up to GEL 100,000 are only available in national currency) |
| Repayment schedule | Free (the client decides on utilisation of the approved limit, and debt is covered automatically, immediately upon the money arrival to the account) |
- Quick and easy overdraft limit approval process
- Analyzing of Financial documentation is not required
- Free utilization and repaying terms
- Lower interest expenses- interest accrual only on utilized amount
- No collateral requirement on overdrafts up to 100,000 lari
- Having an account turnover in VTB Bank Georgia