What licenses and state rules apply to offering short-term online loans in Georgia?

Dear Customer,
Thank you for your inquiry and for considering Georgia as a jurisdiction for your online lending project.
In Georgia, short-term consumer lending (including online microloans) is a regulated activity and may require registration/licensing with the competent authority, including, depending on the exact model, supervision by the National Bank of Georgia.
To provide full information, it is important to note that the exact licensing route, interest-rate and fee limitations, and compliance framework depend heavily on several factors. In particular, the type of loans (B2C or B2B, secured or unsecured, short-term payday-style vs. longer-term instalment loans), your corporate structure, risk profile, and other specific details play a key role. Therefore, a tailored review of your intended business model is essential before moving forward.
We at Prime Legal Georgia would be happy to assist you with:
- Assessing whether your planned activity triggers licensing/registration;
- Structuring the company and drafting internal policies (AML/KYC, risk, complaints, etc.);
- Preparing loan agreements, terms & conditions and website/online platform documentation
Best regards,
Prime Legal Georgia

Dear Customer,
Thank you for your inquiry and for considering Georgia as a jurisdiction for your online lending project.
In Georgia, short-term consumer lending (including online microloans) is a regulated activity and may require registration/licensing with the competent authority, including, depending on the exact model, supervision by the National Bank of Georgia.

To provide full information, it is important to note that the exact licensing route, interest-rate and fee limitations, and compliance framework depend heavily on several factors. In particular, the type of loans (B2C or B2B, secured or unsecured, short-term payday-style vs. longer-term instalment loans), your corporate structure, risk profile, and other specific details play a key role. Therefore, a tailored review of your intended business model is essential before moving forward.

We at Prime Legal Georgia would be happy to assist you with:
- Assessing whether your planned activity triggers licensing/registration;
- Structuring the company and drafting internal policies (AML/KYC, risk, complaints, etc.);
- Preparing loan agreements, terms & conditions and website/online platform documentation

Best regards,
Prime Legal Georgia

Dear Customer, 
Thank you for your inquiry and for considering Georgia as a jurisdiction for your online lending project.
In Georgia, short-term consumer lending (including online microloans) is a regulated activity and may require registration/licensing with the competent authority, including, depending on the exact model, supervision by the National Bank of Georgia. 

To provide full information, it is important to note that the exact licensing route, interest-rate and fee limitations, and compliance framework depend heavily on several factors. In particular, the type of loans (B2C or B2B, secured or unsecured, short-term payday-style vs. longer-term instalment loans), your corporate structure, risk profile, and other specific details play a key role. Therefore, a tailored review of your intended business model is essential before moving forward.

We at Prime Legal Georgia would be happy to assist you with:

• Assessing whether your planned activity triggers licensing/registration;
• Structuring the company and drafting internal policies (AML/KYC, risk, complaints, etc.);
• Preparing loan agreements, terms & conditions and website/online platform documentation

Best regards, 
Prime Legal Georgia