Frequently Asked Questions
A number of reasons make us one of the most favored collateral-free unsecured business loan providers. Our highlights in this category are:
Also known as a commercial loan, a business loan is useful in expanding your venture. We at Focus Fintech help applicants in availing unsecured business loans from banking and NBFC
partners. We provide loans to a wide range of businesses from individual proprietors to traders who can avail loans between 10 Lakhs and 3 Crores.
Unsecured loans make it easier for firms to borrow money because the lender does not demand collateral. However, you should keep in mind that unsecured loans frequently have higher interest rates because the lender’s risk is larger.
- Business loans without collateral and flexible repayment terms
- Customized loans that suit your business the best
- Cash-flow-based loans based on your receivables of tomorrow
- No hidden charges, 0 pre-closure charges
- A completely online process
We know you asked for three, you just have to get used to us exceeding your expectations.
Our products are uniquely designed considering various challenges faced by MSMEs. Our range of products is as follows: Unsecured Business Loans – Business Loans – Banking Surrogate – Professional Loans – Business Loans.
Apply simply with the form on Apply Loan section, send minimal documents to our Qualified Team, Get verified and Sanction Loan within 2-3 Days. Simple Process, Hassle Free. 100% Online.
Focus fintech strives to serve your needs across different types of loans including business loans, personal loans, home loans, and Mortgage loans. We provide collateral-free, flexible financing for MSME ventures. We nurture deserving enterprises with the right funds at the right time to unlock growth potential.
- Quick disbursal
- Simple and hassle-free documentation
- No Collateral Based Loans
- Transparent fees
- Details on mobile
Yes, you are free to repay the loan before the due date. You just have to pay a minor foreclosure fee.
It takes approximately 2-3 working days to disburse your loan amount from the date of completion of your business loan application.
Yes, anyone can get an overdraft facility against an unsecured business loan. Overdraft is overdrawing from a current account. Simply put, the account holder takes out more money than what has been deposited in the account at an agreed rate of interest if the overdrawn amount happens to be within the limits of a preceding agreement.
Sole Proprietorship Firms, Closely Held Limited Companies / Private Limited Companies, Partnership Firms, Self-employed individuals/Professionals, Manufacturers, Retailers, and Traders.
● Enterprises that are in the business for at least 3 years.
● Imperative to submit the last 2 – 3 years of ITR statements
● The company should have a turnover in access of 1 crore
● Enterprise’s profit after tax (PAT) of the last 2 years should be positive
● Applicant should be not less than 25 years of age and not more than 68 years at the time of loan maturity
● Good credit rating score in credit bureau
Focus Fintech has credit relationships with over 32 leading Banks & Financial Institutions in the Country such as Axis Bank, Union Bank of India, IDBI Bank Ltd., Yes Bank, Clix Bank, Tata Capital, etc.
We’re in the pursuit of making fintech great for everyone. Here are our beloved partners who’re side by side to make this vision a delightful reality!
Do You Want To Develop Your Business with Us..!!!
Loans for Established Businesses
Requirements :
- Min. 2 – 3 Years Business Vintage
- Min. Monthly Turnover of INR 500,000
- Min. 12 Months Bank Statement
- Business Registration Proof
- GST / IT Returns