Level Up Business Loan

Level Up Your Business Without Stress

This exclusive business loan is available to existing customers with a strong repayment history.

Why the Level Up Loan?

  •  Loan Amounts: MWK 500,000 – MWK 8,000,000

  • Flexible Repayment: 6 to 24 months

  • Competitive Interest: From 6% per month

Enjoy faster processing and cashback rewards for on-time repayments as our way of recognizing your loyalty.

What Makes It Special?
  • No paperwork
  • 48-hour approval decision
  • No collateral required
  • No admin or processing fees
  • 5% cashback when you repay on time

If you already bank with us, borrowing is now simpler, faster, and more rewarding than ever.

Ready to Level Up?

Grow your business with confidence — because your loyalty deserves more.

How It Works — 4 Simple Steps

Receive 5% cashback as a reward for on time payment.

  • 1

    Apply
    Apply online, visit your nearest FINCA branch and speak to a Loan Officer, or call us on TNM toll-free 312.

  • 2

    Quick Assessment
    We review your application within 48 hours.

  • 3

    Get Approved
    Once approved, your funds are disbursed directly to your account.

  • 4

    Repay on time & Earn Cashback

Start your application

Applying for a level up Business loan is straightforward and convenient


Frequently Asked Questions

You are eligible if you:

  • Are an existing FINCA business loan customer
  • Have a good credit repayment history with FINCA
  • Are 18 to 70 years old
  • Have no active loans listed on the CRB
  • Are Malawian or an eligible foreign national with valid documents

You can borrow between MWK 500,000 and MWK 8,000,000, depending on your FINCA Score.
The loan tenure ranges from 6 to 12 months.

If you pay your full instalment before the due date, you receive 5% cashback on the instalment amount.
The cashback is credited to your savings account after payment.

  • Collateral: Not required
  • Compulsory savings: Not required
  • Guarantor:
    • Not required for Malawi residents
    • Required for foreign nationals

  • Loan processing fee: None
  • CRB check fee: MWK 1,500
  • Credit life insurance: 0.85% of the loan amount

Once you accept the offer and complete the required steps, loan disbursement happens within 24 hours after approval.

Yes. You can settle your loan early without any penalties.
However, cashback incentives do not apply if you settle early and still have more than one instalment remaining.

If you miss a payment:

  • You will receive SMS reminders and calls from the Call Center
  • Continued non‑payment may lead to collection actions and legal follow‑up
  • Cashback incentives will not apply for late payments

Yes. The customers can repay instalments through any convenient channel, including branch, agency, or mobile banking channels, and these repayments are considered when checking eligibility for the cashback incentive. The key condition is timing of repayment, not the channel used.

No. Cashback eligibility is assessed per instalment, not for the entire loan. If a customer repays a specific instalment before the due date, they qualify for the cashback for that instalment only. Missing or delaying one instalment does not disqualify future instalments from earning cashback, provided future payments meet the timing requirement.

The document only specifies checks for business license and registration certificates during loan origination. There is no explicit requirement or penalty stated for licenses expiring after disbursement, and no linkage is made between post‑disbursement license status and cashback incentives.

When a customer qualifies for cashback:

  • The cashback amount is credited to the customer’s savings account.
  • After processing, an SMS notification is sent the next day via the Call Center to inform the customer of the cashback payout.
    Customers can therefore see the cashback directly in their savings account.

We are always happy to talk!

Request a callback.