What is Qred?

Qred is the new way to borrow money and get financing for your business. All Swedish companies can apply for a loan up to SEK 5,000,000 without having to go to the bank. You'll normally get a decision within an hour and we'll pay out the money the same day. You pay a fixed amount each month with no hidden fees and you can repay the loan at any time with no additional fees (you only pay for the months you have the loan). The monthly fee is individual and depends on your qred score. For each month started, you pay back the loan, the so-called amortization, and the fixed monthly fee.