Get a loan for your
business without collateral
or guarantors

Sectoria is an online platform
for attracting business loans
from private investors

Frequently Asked Questions

• What is Sectoria?

  Sectoria is an investment platform where private investors provide loans to legal entities and individual entrepreneurs.

• How does it work?

  With the Sectoria platform, you can quickly obtain a loan to replenish your working capital with minimal requirements to the borrower. For this purpose, you will be required to submit an application. When your application is approved, you will receive the needed amount of money from many investors.

• What is the role of Sectoria?

  Sectoria performs the following functions:
  • Checks the credibility of companies that require a loan;
  • Organizes document flow: Electronic signing of loan agreements between investors and borrower;
  • Calculates and organises payments between the borrower and the investors.

• Who is eligible to apply for a loan?

  The application can be submitted by legal entities that have an active business (existing for at least 9 months) with non-zero current account turnover.

• For how long can I get a loan?

  Both short-term loans from 6 months and long-term loans for up to three years can be obtained on the site.

• How does the platform work?

  The company creates an application and uploads the account statement for the last 9 months. The decision on the application is received no later than the next working day after the statement was uploaded. All basic terms and conditions of the loan will be available in the personal account of the borrower.
  
  Then, the process of collecting funds from private investors starts. This stage usually takes several days.
  
  Once the loan amount has been collected, it is transferred as a single transfer to the borrower's current account. At this point, the terms of the loan agreement are formed.These are provided in the personal accounts of the borrower and investors.
  
  The repayment of the loan is also performed directly through transfer from the company account to the nominal account of the platform. From there the funds are distributed to personal accounts of investors.

• Under what conditions can I get a loan?

  Sectoria provides loans in euro and US dollars in the amount from 5 000 to 100 000 for a period of 6 months to 3 years with a monthly rate of 0.5% euro and 0.55% US dollars.
  
  The platform takes an interest of 1.5% of the loan amount. The reward can be paid to the platform immediately or split into monthly payments.

• Do I have to make collateral or a surety?

  You do not need to provide collateral and surety from the CEO or the founders.

• How do I sign a loan agreement?

  The contract formation processes are completely automated in Sectoria.
  
  When funds are transferred from investors to the borrower's current account, loan agreements are formed, containing the details of the parties and the terms and conditions of the loan (the loan amount and other terms based on the Borrower's application). The procedure of signing the agreement package is performed in two clicks by the Borrower.

• How is the loan repaid?

  The Borrower independently transfers the required amount to the nominal account of Sectoria. The schedule and details of payments are available in the Personal Account of the Borrower.