Business Loan

A loan for every possibility

self employed individuals, professionals and companies

Fiofin Business loan

Fiofin offers Business Loan to the self employed individuals, professionals, and companies, with Fiofin business loans, funding for your small business is now easy and hassle-free. Use the funds to invest in infrastructure, upgrade to the latest plant and machinery, expand operations, upgrade to the latest plant and machinery, increase working capital or maintain inventory, it can give your business the boost it needs to reach newer heights with enhanced competitiveness and profitability

Digital business loan from Fiofin is designed to make your business or profession worry free in terms of capital availability.

Types of Business Loans

Digital business loan from Fiofin is designed to make your business or profession worry free in terms of capital availability.

Business Term Loan

It is a loan offered to the self employed personal on the basis of ITR and other financial documents, A term loan is often appropriate for an established small business with sound financial statements.

Loan against Electronic Payment

Running a business that accepts electronic payments (mostly via swipe machines) has become imperative in modern times. If you feel that this might affect your finances, then guess what – We has got the perfect solution for you in the form of working capital loans, or loan against electronic payments.

GST Loan

GST Business loan is designed to provide hassle free finance to MAME sector based on the monthly turnover as per the GSTR Statement.


Benefits (End Use) of Fiofin Personal Loan Self Employed

You can use business loan to

  • Increase your business cash flow
  • Lease bigger office premises
  • Renovate your office
  • Purchase, lease, repair machinery and equipment
  • Upgrade to the latest technology
  • Stock up on inventory
  • Hire seasonal employees
  • Purchase raw material for bulk orders
  • Expand to another city
  • Scale up operations and take on bigger projects and much more
Get Loan

Features of Fiofin Business Loan

Hassle Free Application Process

Applying for Business loan at Fiofin will be an quick and easy experience, no need to visit any office, just fill the online application form and upload the required documents, and wait for amount to credit in your bank account in few hours.

No Collateral Required

There is no any kind of collateral or guarantor required to avail Business loan form Fiofin, it is 100% unsecured loan

Flexible terms

Fiofin offers business loan at attractive interest rates and minimal documentation, with flexible tenure from 12 to 48 months

Quick Turnaround time

Get Fiofin Digital business loan in 24 business hours.


Fiofin Digital Business Loan Interest Rate:

  • Your interest rate will be calculated and finalized on your income, CIBIL score, and other factors like employer, your age etc.
  • Based on few points from the data collected from third party and the information provided by you in the application form, Fiofin Credit algorithm will dynamically fix an interest rate that suits your needs.
  • The interest starts from 14.99%. and ends up to 31.99%

Processing Fee:

  • A processing fee is fixed amount charged for processing the application
  • This amount includes the miscellaneous items such as documentation, appraisals, credit history required by the lender for underwriting process.
  • The processing fee for different banks starts from as low as 2.5% to 4%.

Example: A loan amount of 500000 for a tenure of 60 months at an APR of 14% and a processing fee of 2.5%

Loan Amount 500000
Tenure 36 Months
Int. Rate 17%
Pro. Fee 2.5%
EMI 17826
Net Amount Credit 487500
Total Payable Amount 641749
Total Interest Payable 141749

Elegibility and Documents Required for Fiofin Digital Business Loan

To be eligible for Fiofin Digital Business Loan
  • Should be resident of India
  • Age: 24 Years to 60 Years
  • Min Annual turnover of 20 Lakhs
  • Total Business Vintage of 1 Years
Documents Required
  • PAN Card
  • Current address proof
  • Business KYC
  • Latest 6 Months Bank Statement
  • Cheque for Operating Bank Accoun