Give your customers access to fast, flexible financing

It is not possible to take out a business loan to start your business. Once you have a registered business that has been operating for at least 3 months, you can apply for a business loan with us.

Qred's headquarters is based in Sweden. Qred is thus regulated as a bank by the Swedish financial supervisory authority Finansinspektionen. Finansinspektionen has an international cooperation agreement with the FSMA.

Qred does not use a standard rate, but evaluates each business loan application on an individual basis. Our team makes an overall credit assessment of whether a business owner is able to meet future payments, and we look at whether the amount borrowed is commensurate with the size and turnover of the business.
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With Qred, you pay a fixed price each month for a business loan up to €500,000. This price consists of two parts: a fixed monthly fee for using the loan (user fee), plus a fixed monthly repayment on the outstanding loan amount (amortization). Add the two amounts together and you have your total monthly amount. The amount you pay in monthly user fees and amortization is calculated based on the loan amount, the loan term, a company's credit score and other factors.

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Why a fixed price for a business loan?

We prefer a fixed monthly price, because this way you as an entrepreneur know exactly what will be debited each month. No complicated interest rates or a sudden increase in your monthly charges: just the same cost every month, clear and uncluttered. With Qred, the monthly amount remains the same throughout the term of the business loan (unless you apply for a loan increase in the interim and can borrow additional credit).

No, your application is not automatically approved. Our team evaluates each application individually.

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Based on the credit assessment, we are sometimes forced to reject an application for a business loan of €1000 to €500,000. One of the most common reasons is that the creditworthiness of a company or representatives is not sufficient, for example, because there are already debts with other agencies. That said, individual payment arrears are not always grounds for an immediate rejection. Qred always looks at the whole and thinks with the customer about the options. Another reason for rejection is that the information provided is incorrect or insufficient, or that the company's ability to pay is uncertain or cannot be represented.

No, the monthly price is exempt from VAT.