Microloans for businesses

Microloans and microfinance for your business

We offer business loans to all types of businesses. This is how a loan through Qred 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 microloan has...

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

Welcome to submit an application!

Business microloans have become a popular and efficient way for small and medium-sized companies to access quick and easy financing. Established in 2015, Qred Bank specializes in providing flexible financing solutions to small businesses. With the possibility to borrow up to 5 million NOK and a fully digital application process, you can get an answer within an hour and the money paid out the same day. Microloans are specifically designed to meet the needs of small businesses that want easy access to capital to grow or manage day-to-day financial challenges.

What are business microloans?

Business microloans are a form of microfinance that gives small businesses access to smaller loan amounts, tailored to their specific needs. This can include funding for start-ups, investing in new equipment, strengthening liquidity or covering unforeseen expenses. Business microloans are particularly useful for businesses that may not qualify for traditional bank loans, or that need quick access to capital without extensive documentation requirements.

At Qred Bank, you can get business microloans without collateral, meaning you don't need to put up any personal assets as security. In addition, the loan is designed to be flexible, with a fixed monthly fee and no early repayment charges.

The benefits of microfinance for small businesses

Microfinance for small businesses offers many benefits, especially when you choose Qred Bank as your financing partner:

1. Fast application process
   The entire application process for business microloans is digital, and you can get an answer to your application within an hour. This means your business can quickly access the funds it needs.
2. No lock-in period
   Business microcredit from Qred Bank has no lock-in period, giving your business the freedom to repay the loan when it suits you, at no extra cost.
3. Fixed monthly fee
   Predictable costs are crucial for small businesses. With a fixed monthly fee, you know exactly what you'll pay each month and avoid hidden fees.
4. Flexibility without collateral
   Qred Bank offers microloans without collateral requirements, making it easy for small businesses to access capital without the risk of having to put up collateral.
5. Tailored to the needs of small businesses
   Microfinance solutions for small businesses are tailored for businesses that want smaller loan amounts and quick access to funds.

How do business microloans work?

The application process for business microloans at Qred Bank is simple and efficient. Here are the steps:

1. Submit an application online
   Start by filling in a short application form on the Qred website. Provide basic information about your company, including company name and organization number.
2. Get a quick assessment
   After submission, Qred Bank will review your application and give you a feedback within an hour.
3. Receive your payout the same day
   When the loan is approved, the funds can be disbursed to your company's account the same day.
4. Repay flexibly
   With a fixed monthly fee and no lock-in period, you can repay the loan in a way that suits your business.

Who are business microloans suitable for?

Business microloans are ideal for small and medium-sized businesses that need quick financing without extensive requirements. Whether you're running a start-up that needs capital to get going or an established business looking to invest in growth, microloans could be the solution. Business microfinance is particularly useful for companies that need smaller amounts but still want flexibility and predictability.

Why choose Qred Bank for business microloans?

Qred Bank is a trusted partner for small businesses seeking financing. Specializing in helping small and medium-sized businesses since 2015, the bank offers microloans with:

• Fast processing time
  You'll get a response within an hour and payment the same day.
• Easy application process
  Everything takes place online and you do not need to provide security.
• Flexible terms
  No lock-in period and no extra costs for early redemption.
• Predictable costs
  A fixed monthly fee gives you full control over your expenses.

Frequently asked questions about microloans for businesses

What are business microloans?
Business microloans are a form of microfinance that gives small businesses access to smaller loan amounts to meet financial needs, such as investments or liquidity.

How does business microcredit work?
Business microcredit works through a quick and easy online application process. At Qred Bank, you'll get an answer within an hour and the money is paid out the same day.

How much can I borrow with a business microloan?
At Qred Bank, you can borrow up to NOK 5 million, depending on your company's financial situation and needs.

Do I need to provide collateral for business microloans?
No, microloans from Qred Bank do not require collateral. You can apply and get approved without having to provide collateral.

What does it cost to repay the loan early?
Qred Bank has no early repayment fees, so you can repay your microloan when it suits you.