Floa Bank review: pros and cons

Floa Bank Review

Floa Bank is a French company that offers microloans from €100 to €3,000. The loans are quick and easy, with minimal requirements for borrowers.

Who can get a Floa Bank microloan?

To get a Floa Bank microloan, you must meet the following conditions:

  •  Be of legal age;
  •  Have a bank account in France and a Visa or MasterCard card with an expiration date after the last date of the microloan;
  •  Have a cell phone number.

The loan is not available to persons registered in the National File of Credit Repayment Cases for Private Persons (FICP) or in the Central File of Insolvent Banks (Fichier central des chèques impayés).

How do I get a Floa Bank microloan?

To apply for a Floa Bank microloan, you need to go to the website, register and fill out the application form. In the application form, you must provide your personal information, income and expenses. Once the application is approved, you will need to upload your ID and bank details (RIB).

What are the terms and conditions of a Floa Bank microloan?

Floa Bank microloans have the following features:

  • Fast loan approval and disbursement process. The application for a Floa Bank microloan is processed within 24 hours. If the application is approved, the money will be credited to your bank account within 2 business days.
  • You can get a loan at any time. Floa Bank microloans are available 24/7, 7 days a week.
  • Loan amounts from 100 to 3,000 euros. Floa Bank offers a wide range of loan amounts to meet the needs of different customers.
  • The loan repayment period does not exceed three months. Floa Bank microloans have a short repayment period, allowing you to repay quickly.
  • The fee is calculated depending on the loan amount. The fee for a Floa Bank microloan ranges from 3.12% to 1.52%.
  • The annual interest rate varies from 20.97% to 9.64%. The annual interest rate for a Floa Bank microloan is higher than for conventional consumer loans.

Pros and cons of a Floa Bank microloan


  •  Fast loan approval and disbursement process. This allows you to borrow money within a few days, which can be very helpful for unexpected expenses.
  •  Ability to get a loan at any time. This means that you can apply for a microloan at any time of the day, even on weekends.


  •  High interest rates. Floa Bank microloans have higher interest rates than conventional consumer loans. This means you will pay more money for using the loan.
  •  The need to repay the loan within three months. This can be difficult if you do not have sufficient income.

As with all consumer loans, there is a statutory cooling-off period of 14 days for a Floa Bank microloan. Once the loan has been accepted, you can decline it by sending a registered letter with acknowledgement of receipt, using the form that accompanies the loan offer. The rejection must be received by the credit organization by the fourteenth day.


Floa Bank microloans are a convenient and fast way to borrow money for a small amount. However, keep in mind that the interest rates on these loans are higher than regular consumer loans. Therefore, it is important to make sure that you will be able to repay the loan on time.



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