No lock-in period

At Qred, we offer our customers the chance to repay the business loan at any time, without extra costs or penalties. This means that you only pay for the period you actually need the loan and are free to repay the full loan amount at any time. Our business loans therefore do not have a fixed, binding term. 

Please note that we do have a standard loan term, which is set out in the contract prior to taking out a business loan. The loan period varies from 6 to 18 months and indicates when you should repay the loan. However, you always have the option - at any time in your contract - to repay the loan amount in full. That's why we use the term 'no fixed term', because with Qred there are no binding conditions that force you to keep the loan for 6, 12 or 18 months - and incur unnecessary costs. You decide how long you need the loan, not us! 

How does applying for a business loan via Qred work? 

Apply in a few simple steps:

  • Click on the button 'Get a free quote'.
  • Select how much you want to borrow for business (loan amount from €1000 to €200,000)
  • Fill in the company and personal details so that our team can do a quick credit assessment
  • Click on 'Get a free quote' (this is free of charge and without obligation)
  • Our team will immediately process your application for a business loan and get back to you soon to discuss the possibilities
  • If the application is approved, you will receive a contract that you can sign digitally
  • Upon approval and digital signature, we will transfer the business loan to you on the same business day: the money can be in your account within 24 hours. 

What does Qred offer entrepreneurs? 

  • Business loans from €1000 to €200,000
  • No hidden fees
  • No set-up costs
  • Flexible duration from 6 to 18 months
  • Repayable at any time without extra charge