Microloans to businesses

What is a microloan?

Microloans are small business loans, typically between €50 000 and €250 000, designed to help small businesses cover emergency costs or make small investments. These loans have become increasingly popular among small business owners, especially for those running start-ups or businesses with limited resources. Microloans offer quick and easy access to capital, making them an attractive solution for businesses with immediate needs.

For many small businesses, access to finance can be a challenge, especially when they need a smaller amount that does not necessarily meet the requirements for traditional bank loans. Microloans fill this gap by offering a fast and flexible financing solution that does not require extensive collateral or lengthy application processes. This allows entrepreneurs to quickly access the capital they need to deal with unforeseen expenses, invest in new equipment, inventory or marketing activities.

One of the main advantages of microloans is the simplified application process. At Qred Bank, for example, entrepreneurs can apply for a microloan online with a short form and receive a loan decision within minutes. This means that businesses can get the capital they need without having to wait weeks for a response.

Microloans also have flexible repayment terms, giving entrepreneurs the option to choose a repayment plan that suits their cash flow. This makes it easier to manage the loan and ensures that businesses can continue their operations without undue financial stress. With microloans from Qred Bank, small businesses get the financial freedom they need to grow and prosper.

A microloan is a loan to a relatively small business. Microloans were originally used to stimulate small businesses in the developing world, but they are just as suitable for Swedish small businesses.

A microloan for businesses is a loan of up to €250,000. It is suitable when small businesses have a temporary need for extra liquidity. In particular, microloans are used when there is no collateral to pledge, such as real estate or capital goods. At Qred, you can get a loan from SEK 50,000 up to SEK 5 million.

Microloans without UC?

Business loans with payment remark? If you or your company has a payment default, it can make it more difficult to get a microloan. At Qred, you can quickly and easily apply for a microloan from 50.000 SEK up to 250.000 SEK. It only takes a few minutes to apply and we promise to give you a quick answer. With us, you can apply for a microloan without UC. However, we do take a credit check on the company and its representatives. After that, we make an assessment of whether the loan should be approved or not.

Our loans have no set-up fee, no commitment period, no hidden fees, no interest and fixed fee. Good, right?

There is a difference between small businesses and small enterprises

Many banks and lenders pride themselves on focusing on SMEs (Small and Medium Enterprises). According to the EU, a small business is a company with up to 50 employees and a medium-sized business has up to 250 employees. At Qred, when we talk about small businesses, we think of the smallest companies, with only a few or no employees. Unfortunately, this is a segment that many find unprofitable and is referred to by banks as micro-enterprises.