Bank loans to companies

Bank lending to small businesses doesn't have to be difficult

Getting a bank loan for your company, no matter how old or large it is, shouldn't have to be very difficult.

Amortization free months

We understand that things can happen in the life cycle of a company. Therefore, we are often able to offer amortization freedom for a limited period of time. As long as you pay the fixed monthly fee every month, you can therefore, in some cases, pause your mortgage payment to us.

Good, right?

Bank loans to businesses are there to help companies finance their operations, invest in growth, and deal with short-term and long-term economic challenges.

Types of bank loans to companies

There are different types of bank loans to companies that can be customized according to the needs and objectives of the company. The most common include:

1. Short-term loans: These loans are intended to help companies deal with immediate financial needs, such as covering payroll expenses or dealing with short-term cash flow problems. They are usually repaid within a few months or up to 2-3 years. Qred's tune. We don't want you to have the loan for longer than what you need. Therefore, we do not have any commitment period or early redemption cost for our bank loans.
2. Long-term loans: These loans span several years and are typically used for larger investments, such as buying equipment, building facilities or expanding operations. These are usually obtained when you are a little bigger and by the traditional big banks. Often with a fixed term, which means you can be stuck with a loan for a long time.
3. Variable interest loans: The interest rate on these loans is linked to a reference rate, usually the current market rate. This means that the interest rate can change over time. It is difficult to keep track of for you as an entrepreneur.
4. Fixed-interest loans: In these loans, the interest rate is fixed throughout the loan term, giving companies a predictability in terms of their borrowing costs. Qred's solution. It is easy for you to know exactly how much you should pay each month. We call it a fixed monthly fee. No hidden costs, no start-up fees, no extra fees for early redemption or variable interest charges. Just a simple and smooth fixed monthly fee.
5. Secured bank loans: These loans require an asset (such as real estate or equipment) as collateral for the loan. If the company cannot repay the loan, the bank can take the asset.
6. Unsecured bank loans: These loans do not require collateral in the form of assets, but usually carry higher interest rates to compensate for the increased risk to the bank. Usually with a personal bail as collateral.

Alternatives to bank loans

There are several alternative financing solutions to a loan, such as factoring, company card or cheque credit. Read more about it with us or ask our agents.

Questions and answers about bank loans to companies

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1. What interest rate is applied to Qred bank loans?

The fixed monthly fee is individual and is determined through your company's specific Qred Score which is based on credit report and much more.

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2. How big can the loan amount be that companies can apply for at Qred?

You can borrow from SEK 50,000 up to SEK 5 million at Qred Bank.

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3. What specific requirements need to be met in order for a company to be approved for a loan with Qred?

In addition to having an active company registered in Sweden, you also need a Swedish bank account. Read more in our questions and answers in our support