Business loans to sole proprietorships (ENK)

No binding time

It is free and non-binding to apply

No hidden costs or participation fees

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Desired loan amount

How much do you wish to borrow for your business?

kr

50 000 NOK

5,000,000 kr

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Business loan to ENK

It only takes 1 minute to apply, you'll be notified within 1 hour and the money will be paid out the same day. Amazing, isn't it?

How do I get a loan for my sole proprietorship?

It's quite simple! You create a free and non-binding application with us at Qred. That's how it works:

  1. The application takes 1 minute
  2. You will be notified within 1 hour
  3. The money is paid out the same day

The loan has...

  • No start-up fee
  • No binding time
  • No hidden costs

Welcome to submit an application!

Apply now!

Brief summary

A business loan for sole traders from Qred Bank gives small businesses the financial flexibility they need to manage day-to-day challenges, invest in growth and respond to new opportunities. With a simple digital application process, fast responses and same-day disbursement, you can access the capital you need when you need it. A fixed monthly fee with no hidden charges provides security and predictability for sole traders.

Loans for sole proprietorships in Norway - Flexible financing from Qred Bank

Business loans for sole proprietorships can give small businesses the opportunity to invest in growth, expand operations or address financial challenges without committing to long-term obligations. Qred Bank, founded in 2015, specializes in flexible financing for small and medium-sized businesses and offers business loans of up to NOK 5 million. The entire application process takes place online and with fast processing, you can get an answer within an hour and disbursement on the same day. Let's go through how a sole proprietorship loan works and how you can benefit from it.

What is a business loan for a sole proprietorship?

A business loan for a sole proprietorship is a form of financing aimed specifically at sole proprietorships (SPVs) - a form of business where the owner is personally responsible for the finances of the business. Loans for sole proprietorships can be essential to cover needs such as investment in equipment, marketing, liquidity during periods of lower revenue or business expansion. Read more in our blog post about starting a sole proprietorship.

At Qred Bank, business loans are offered online. You get a fixed monthly fee for predictable costs, and you can repay the loan when it suits you without extra costs.

The benefits of a sole proprietorship loan

There are many advantages to choosing a sole proprietorship loan with Qred Bank:

  1. Fast loan process for sole proprietorships
    With a simple and digital application process, sole proprietorships can apply for a loan online and get an answer within an hour. This gives sole traders the ability to quickly react to unexpected costs or new opportunities.
  2. No lock-in period
    Qred Bank has no lock-in period on business loans for sole proprietorships, which means that the company can repay the loan when it is most favorable. This provides flexibility for sole proprietorships that may experience fluctuations in revenue.
  3. Predictable fixed monthly fee
    With a fixed monthly fee, you know exactly what you'll be paying each month. This makes it easier to plan and keep track of expenses, which can be very important for small businesses.
  4. No hidden fees
    Business loans for sole proprietorships from Qred Bank have no hidden fees. You only pay the fixed monthly fee and there are no extra costs for early repayment.

How to apply for a sole trader loan with Qred Bank?

The application process at Qred Bank is fast, efficient and completely digital. Here are the simple steps to apply for a sole proprietorship loan:

  1. Fill out the application online
    On Qred Bank's website you will find the application form for business loans for sole proprietorships. Here you enter basic information about your company, including organization number and contact information.
  2. Quick assessment and feedback
    After the application has been submitted, Qred Bank will review the information and provide a quick feedback, often within an hour. This allows you to quickly make decisions on how to use the funds.
  3. Same-day disbursement
    When the loan is approved, the money is transferred directly to your account on the same day, so you can quickly get started with the measures your company needs.

Who is a sole trader loan from Qred Bank suitable for?

Sole proprietorship loans are suitable for small businesses that need flexible financing. Qred Bank customizes its business loans to meet the needs of different types of sole proprietorships, whether in the service sector, retail, or creative industries. This loan is ideal for businesses that want quick access to capital without extensive paperwork or collateral requirements.

Why choose a business loan for sole traders from Qred Bank?

Since 2015, Qred Bank has specialized in financing small and medium-sized businesses and has developed flexible solutions that make it easier for sole proprietorships to access capital. Here are some of the key benefits of business loans for sole traders from Qred Bank:

  • Fast application process without extensive requirements
    The application is simple and completely digital, and you avoid long application processes.
  • Same-day disbursement
    With fast turnaround times and same-day disbursement options, your business can get the capital it needs without delays.
  • Flexibility without a fixed term
    With Qred Bank, you can repay the loan when it suits you, without extra costs for early repayment.

Frequently asked questions about sole proprietorship loans

What is the best loan for sole proprietorships?
The best loan for sole proprietorships is a loan that offers flexibility, quick access to capital and predictable costs. Qred Bank offers business loans for sole proprietorships, with a fixed monthly fee and the option of early repayment at no extra cost.

How does the loan process for sole proprietorships work?
The loan process for sole proprietorships at Qred Bank is simple and efficient. The entire process takes place online, from application to disbursement, with a fast turnaround time that provides a response within an hour.

How much can I borrow for my sole proprietorship?
At Qred Bank, you can borrow up to NOK 5 million, depending on the needs of your sole proprietorship and your company's financial situation.

Do I need to provide security to get a sole proprietorship loan?
No, Qred Bank offers loans to sole proprietorships with a security requirement.

What happens if I want to repay the loan early?*
With a business loan from Qred Bank, you can repay the loan when it suits you, with no extra costs for early repayment.

Qred has helped fuel the ambitions of Norwegian businesses since 2022

Founded in 2015 by entrepreneurs for entrepreneurs, Qred offers Norwegian business owners a new and different option for business financing. Today, Qred is the market leader in the Nordics, something we are very proud of.

We launched our services in Norway in 2022 and have helped thousands of Norwegian entrepreneurs. Our friendly and experienced team understands the challenges and needs of business owners, and we are proud to be one of the highest-rated business lenders on Trustpilot.

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