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FAQs

Q) What is an unsecured business loan?
Ans. Unsecured business loan provides cash relief to the borrower without asking for collateral. These loans can be used to pay salaries of the employees or complete a business modification or buy some machinery and to carry out almost every other business related activity.

Q) What is the APR?
Ans. APR stands for Annual Percentage Rate which is levied on the borrowed money. It is fixed by the mutual consent of both the creditors and the borrowers at the time when lender makes the loan offer.

Q) What rate of interest will be charged?
Ans. We will pass your loan petition to the lender and then he will reply back with the loan offer which will contain the rates of interest. But, it chiefly depends on your financial conditions and repayment abilities.

Q) Should I worry about my privacy?
Ans. No, you should not be worried about the privacy as we only provide your personal information to the lenders in order to craft a better deal for you. Apart from that we do not share your information with anyone else.

Q) How much time will it take for the loan approval?
Ans. It depends on various factors. Sometimes you might be able to avail loan as early as within 24 hours and sometimes it might take longer then that too.

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