The microcredit company FinaGuru issues short-term and long-term online loans to individuals. The organization does not have a branch network; it operates remotely via the Internet.
Creditnice is a microfinance company operating since 2013. It specializes in loans with online processing, including to pay for purchases from partners; it also issues virtual credit cards and provides credit lines.
Most microfinance and microcredit companies lend small amounts for short periods of up to several weeks. There are companies that issue loans for larger amounts for long periods – for example, several months. To apply for a loan, just leave an application on the IFC or MCC website. This page lists all companies that issue loans for up to 4 months. When choosing, consider the amount and term, interest rate, requirements for borrowers and other conditions.
Advantages
Long-term loans, unlike short-term ones, have larger amounts and lower interest rates
The loan is repaid in installments every week or month
Such a microloan is still quickly processed and transferred in any convenient way.
Flaws
Not all MFCs and MCCs have loans for up to four months.
Often such offers are not available upon first contact.