One of the most important objectives of GLC is to stimulate healthy competition within the lending markets which will result in lower interest rates, that will eventually foster the development of small business.
The development of SME lending lines of business have the highest priority for GLC since it provides higher level of diversification to the existing lease portfolio and also is highly profitable. Although, GLC already has accumulated a solid experience in the lending area, it is still important to further enhance its lending techniques and control procedures as well as to implement modern approaches.
Leasing gives the clients opportunity to purchase the assets without capital expenditures and preserve credit lines for other purposes. This tends to expand clients available lines of credit for future growth.
Georgian Leasing Company aims to introduce and develop customer tailored products and services.
GLC offers its clients payment flexibility. Lease payments can be structured to match asset use and cash flow needs. Payments can be monthly, quarterly, semi-annual, or annual. Skipped and step-up payments are also available.
