Georgian Leasing Company Attracts Investments of $5 million from International Markets

On August 31, 2020, Georgian Leasing Company attracted investments of $5 million from Swiss funding platform Symbiotics.

The resource will be spent on promoting micro and medium businesses (SME) and fostering entrepreneurs with low and medium revenues by providing simple and fast access to financial resources. This is the first raising of investments since 2016 and the fact proves the company is stable and keeps growing with an exceptional reputation and valuable financial indicators, despite the pandemic. The cooperation with Symbiotics aims to assist Georgian business is growing at fast paces. Despite the COVID-19 crisis and heavy economic situation, we have maintained the investors’’ trust.

This factor ensures Georgia’s economic stability in itself. It is worth noting that the mentioned move was preceded by the issuance of bonds worth $10 million. We continue negotiations with different international financial institutions for attracting additional financial resources to Georgia”, Georgian Leasing Company director general Eldar Akhvlediani noted. Symbiotics is a Swiss funding platform – a leading investment organization for funding micro, and medium businesses and enterprises with low and medium revenues.