Business loans to limited companies
No UC
Applying is free and not binding
No hidden costs or start-up fees
No UC
Applying is free and not binding
No hidden costs or start-up fees
A limited company is one of the most popular forms of business. Limited liability companies are relatively different from sole proprietorships and partnerships, for example. In particular, there are issues of liability, financing and governance of the company. A limited liability company distinguishes between legal persons (the company itself) and natural persons (e.g. the board of directors and the CEO).
It is the natural person (the limited liability company) who takes out the business loan and is responsible for its repayment. In some cases, the representatives may also be personally liable, for example if they have issued a personal guarantee, for certain types of taxes or if they have been negligent and used up the company's equity.
We don't take UC from you as a private individual, but we use Creditsafe. Then only we (Qred) and you see that credit report.
The application takes only 1 minute, you receive a reply within 1 hour and the money is paid out the same day. Great, huh?
Qred offers quick and easy business loans for limited companies. The application process is efficient: it only takes a minute to apply, a response is given within an hour, and the money can be disbursed the same day. This allows limited companies to access capital quickly without unnecessary fees or lock-in periods.
By borrowing directly from the limited company, all borrowing costs (e.g. interest, monthly charges and set-up fees) are deductible. The cost of the business loan thus reduces the company's tax burden. Therefore, in some cases, borrowing money from the company can be very beneficial. Read more about how to account for business loans here.
By lending to a limited company, the company pays for the loan, and the costs are indirectly shared between the owners, with large owners paying a larger share and small owners paying a smaller share.
Simple! You make a free and non-binding application with us at Qred. Here's how it works:
The loan has also...
Personal guarantees are in principle always required for start-up companies. This is not surprising, as new businesses often have very small capital assets. Unfortunately, it is often in the start-up phase that limited companies need extra money to get their business off the ground.
In order for limited companies to be allowed to borrow money, the company owner or another person must often provide a personal guarantee for the credit. This means that you, as the creditor, assume the repayment obligation and the limited company is unable to repay the loan in full.
Unfortunately, business loans without personal guarantees are rare among small businesses and start-ups.
Requirements for limited liability companies
Good to know about the limited company form
We only work with Swedish small businesses and loans to limited companies are our speciality. We love working with talented small business owners and making sure you get the funds you need to grow and thrive!
Tips! Read the post Substitute in a limited company - What are the risks?
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.
We are here for you every weekday between 8:00 and 17:30.