About FidoBiz

What is FidoBiz?
FidoBiz is a special credit product designed by Fido to support business owners. Whether you're just starting out or running an established business, FidoBiz provides flexible business credit of up to GHS 8,000 to help you grow and manage your business with ease.  Who qualifies for Fidobiz?...
How is FidoBiz different from the Personal credit
Fido personal credit offers individuals the opportunity to receive credit with flexible payment options to cushion them with their day-to-day financial needs. Ideal for emergencies, personal projects, or daily expenses. On the other hand, FidoBiz is designed exclusively for business owners. It i...
Do I qualify for FidoBiz?
Who Qualifies for FidoBiz? Business owners can qualify for FidoBiz. A one-time registration is required, along with the submission of specific business documentation. Eligibility requires a minimum Fido Score of 277. You can qualify for FidoBiz either as an EXISTING Fido user or a NEW user. A o...
What is the maximum amount of credit I can get from FidoBiz?
Maximum amount  FidoBiz customers can access credit limits of up to GHS 7,500, providing the flexibility to grow and support your business needs. This credit facility is designed to empower small and medium-sized businesses by offering quick, reliable financial support when it's needed the ...
What fees and interest rates apply to my FidoBiz credit?
At Fido, we keep a very transparent fee structure, allowing you to fully review the terms and conditions in the Fido App prior to submitting a credit application or drawing from approved credit limits. You can easily find the interest rate that applies to you in the Fido App before accepting the...
What is the repayment tenure for a Fido Business credit?
FidoBiz offers flexible credit payment options. Here’s how it works Initial Repayment Tenure First-time FidoBiz customers can repay their credit in 10 to 33 days. This short-term option is designed to help you establish a strong repayment history. Extended Repayment Options As you establish...
I applied for Fido personal credit in the past, can I apply for a FidoBiz credit now?
Yes, you can. If you’ve used Fido’s personal credit before, and you’re currently in good standing, you are eligible to apply for FidoBiz credit. FidoBiz offers higher credit limits up to GHS 8,000 designed specifically for business owners.  To qualify for FidoBiz, ensure the following: Outsta...