Business loans - Loans for companies up to 5 million SEK

A business loan for any type of business, no matter what you're good at. All entrepreneurs deserve a boost!

Quick and easy application

No commitment period

Payout within 24 hours

Desired loan amount

How much do you want to borrow for your business?

kr

10 000 kr

SEK 5 000 000

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Smiling business owners who are customers of Qred Bank

A loan for your business that builds the future

You want to grow, we want to help you - it's that simple. That's why our business loan can be used for all kinds of needs. Here are some examples of how Qred Bank supports your big ambitions:

Bag on a table with coins spread out

Business loans for your projects

We help you buy materials or hire staff to help you realize your bigger plans and projects.

Two Qred Bank customers who have borrowed for investments

Business loans for new investments

Future-proof your business by investing in new equipment, machinery or software - we all need an update sometimes.

The hand holding the nozzle of a pump hose at a gas station to fill the car

Business loans for unexpected costs

It happens to us all! Cover unexpected costs such as repairs, tax payments or simply a gap in your cash flow.

Joakim and Erik from Kvalitetsfog in Stockholm who are customers of Qred
"Thanks to Qred, we were able to lease our company car and pay salaries."

Joakim & Erik

Kvalitetsfog

Fast, flexible and easy

Why compromise when you can have it all? Our business loans offer maximum flexibility at no extra cost, are paid within 24 hours, and have clear monthly fees. And the best part? Pay back early at no cost. Qred business loans have no fixed term!

Woman in her workroom in the painting business

No binding time

We understand how important flexibility is as an entrepreneur. That's why Qred offers the option to repay the loan in full at any time during the term, with no extra fees. You decide how long you want to use the loan, not us.

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Fixed charges

Call us boring, but we don't like surprises. That's why we keep the cost of our loans the same every month. No confusing variable rates, no unpredictability - simply the same cost. Every month. It's simple.

Keep moving forward

No business owner has time to stand still, which is why we pay out our business loans within 24 hours. You deserve a loan that keeps you moving, so we've simplified our processes to help you get there faster. Let's get started!

Qred has been redefining business finance since 2015

Founded in Sweden in 2015 by entrepreneurs for entrepreneurs, Qred has quickly become the premier bank for flexible business loans. Qred is now the market leader in the Nordics and also operates in the Netherlands, Germany, Belgium and Brazil.

Our team understands the challenges and needs of entrepreneurs, and we are proud to be one of the highest rated banks for businesses on Trustpilot.

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Do you have any questions?

Rushi, our Country Manager for Sweden, and his team have answered frequently asked questions here:

How much can I borrow for business?

At Qred Bank, you can borrow from SEK 10,000 up to SEK 5 million, depending on your business needs and conditions. Our business loans are designed for small businesses and are flexible with a repayment period of up to 36 months. Whether your business is small or medium-sized, we have customized loan amounts and conditions for you. Find out more about our loan amounts and application process.

What does the bank look for in business loans?

When Qred Bank reviews an application for a business loan, we look primarily at your company's finances and payment history. We make sure to assess your company's future payment capacity in order to offer the best possible terms. We do not require any collateral and make an individual assessment for each business loan. The application process is fast and flexible to best support small businesses.

Which bank has the best business loans?

Qred Bank specializes in business loans for small businesses. Our business loans are designed to be simple, fast and flexible, with loan amounts from SEK 10 000 up to SEK 5 million. We offer loans without a fixed term and with a disbursement time within 24 hours. To help your business grow, we've optimized our terms and support for businesses in Sweden and internationally.

Is it difficult to get a business loan?

No, at Qred Bank, getting a business loan is simple and easy. We have a quick and easy application process, where we focus on helping small businesses grow. The application is done online, and you'll be notified quickly. There's no collateral required, and we have no lock-in period on our loans, making our business loans flexible and accessible to many businesses.

What does it take to get a business loan?

To get a business loan with Qred Bank, you need to have a registered business and be over 18 years old. We offer business loans for small business owners in Sweden, Finland, Denmark, Norway, the Netherlands, Belgium, Germany and Brazil. Our business loans can be between 10 000 SEK and 5 million SEK, and you can choose a repayment period of up to 36 months. No collateral is required, and the application process is quick and easy - you'll receive a reply within a short time and payment will be made within 24 hours.

We make an overall assessment of each application. The most important thing is the company's ability to handle future payments and that the amount of the loan is reasonable in relation to the size of the company. Unfortunately, we sometimes have to turn down applications. Then the most common reasons are to:

  • The company or representatives have not managed their finances and have many payment notes or an active debt balance. Single payment notes are not an absolute obstacle and we always try to look at the whole when handling the company's application.
  • The information provided is not correct or deficient.

The company's ability to pay is uncertain or cannot be displayed. Read more under security and borrow responsibly.

How do I apply for a business loan?

It's easy to apply for a business loan and only takes 60 seconds. In addition, it is free of charge. You'll get started with 3 easy steps:

  1. Fill in the application (desired amount, corporate identity number, e-mail and mobile number). The application is free of charge and not binding.
  2. Send any additional information. Loan statements are usually given within 1 hour during normal business hours.
  3. You decide whether you want to proceed after receiving a loan notification. Once you have approved the loan with your BankID, the money will be paid out within an hour.

What are business loans?

A business loan is a financial solution for companies that need capital (money) to cover various needs. 

Types of business loans

There are different types of business loans. Depending on your business and needs, different types of business loans may work better or worse. 

Business loans online

At Qred, we offer business loans online. So you don't have to go to a physical bank branch to meet someone at a specific time. All you have to do is make an application on our website and you'll get an answer within an hour. The money is paid out the same day you sign the offer - completely digitally!

Traditional big banks

The traditional big banks still have local branches where you have to make an appointment to meet an advisor. Then it can take several days or even weeks to get an answer and the application process is also often very time-consuming. 

Benefits of business loans from Qred Bank

In addition to a world-class personalized service, you can do everything from applying to getting the money in your account completely online - within hours! 

  • No entry fee
  • No binding time
  • Free and non-binding application

When to consider business loans?

There are several different situations where you can take out a business loan. It can be to cope with a temporary slump or to invest in something and create growth in your business. No matter what reason you have as an entrepreneur, Qred is here for you. 

Requirements for applying for a business loan

You must be a Swedish citizen, have a Swedish bank account and be resident in Sweden. 

Documentation required for the business loan

Once you have submitted an application to us, we take credit checks and start collecting documentation automatically. However, you can always choose to attach what you have directly to the application or choose to submit it manually at a later stage.

Business loan interest rates and fees

At Qred, we want to make it as simple as possible. Therefore, we have chosen to have a fixed monthly fee as the cost of the loan. So you know exactly what you will pay each month. We also have no start-up fees or other hidden fees for early repayment or similar. In fact, we encourage you to pay back early! That's why our loans have no lock-in period. 

Common interest rate types for business loans

Other common types of interest rates and costs for business loans may include set-up fees at the beginning of the loan period, administration fees and other types of interest rates or hidden costs that you may want to be aware of. 

Alternatives to business loans

There are several different options for business loans. It all depends on what you and your business needs are. If you have a lot of small and everyday expenses, a business card can be a good option. If it's more a question of cash flow, factoring and selling invoices may be the way to go. There are also a number of banks and lenders that offer line of credit. This can be useful if you want to have a safe security that you can use when needed. 

How to find the best business loan?

Most people have a "house bank", usually one of the traditional major banks, for their private finances such as mortgages, accounts, etc. Many people find it nice to separate their private finances from their business finances. At Qred, we can offer a world-class personalized service! 

What to compare when choosing a business loan

There are many things to consider when taking out a business loan. 

  • Don't borrow if you already have too many debts.
  • Do not borrow if you know you will have difficulty paying back.
  • Don't borrow to make opportunistic investments.