Business loans for companies from Qred Bank
No binding time
It is free and non-binding to apply
No hidden costs or participation fees
No binding time
It is free and non-binding to apply
No hidden costs or participation fees
We offer secured business loans to all types of businesses. This is how a loan through Qred works:
The loan has...
Welcome to submit an application!
Commercial loans are essential for small and medium-sized businesses' financing needs, used for growth, investments and liquidity issues.
Offered by banks with varying terms such as short-term loans for immediate needs, long-term for larger investments, framework loans for flexible access and factoring for capital release. Assessment of creditworthiness, interest rates, maturity and fees is required prior to application. The right choice of loan can support your company's health and growth.
Business loans are an important part of the financing landscape for small and medium-sized enterprises (SMEs). These loans enable businesses to grow, invest in new equipment, expand operations or deal with temporary liquidity issues. In this overview, we'll take a closer look at what business loans are, how they work, what types of loans are available and what businesses should consider before applying for one.
A business loan is a financial product offered by banks, credit institutions and other financial players to help businesses with financing needs. The loan can be used for a variety of purposes, such as financing the purchase of machinery, construction of new premises or strengthening the company's working capital. Loans are often structured with different terms and conditions based on the loan amount, term, interest rate and repayment schedule.
Creditworthiness - A company's creditworthiness plays a crucial role in its ability to obtain a business loan. Banks and lenders assess a company's financial history, payment history and current financial situation.
Interest rates - The interest rate on a business loan can vary depending on several factors, including the loan amount, term and the current market situation. It is important for businesses to compare different loan offers to find the most cost-effective solution.
Term - The length of the term of the business loan affects both the size of the repayments and the total cost of the loan. Shorter loans typically have higher monthly costs but lower total interest costs, while longer loans spread the costs over time but can be more expensive overall.
Terms and fees - It is important to carefully review and understand the terms of the loan agreement. This includes early repayment fees, set-up fees and other potential costs.
Business loans are a necessary tool for many small and medium-sized businesses to grow and manage their financial needs. By carefully considering their loan options and terms, businesses can maximize the benefits of these loans while keeping costs under control. It's important that businesses work with trusted financial partners and advisors to ensure they make informed decisions that contribute to long-term success.
Good luck with your business!
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.
We help you find the best solution for your business.
Kristina is responsible for the Norwegian market and has a broad background in banking and finance with over 5 years of experience at Nordnet. She has a bachelor's degree in Marketing and Management from Inland Norway University of Applied Sciences. Kristina helped start up the Norwegian market from scratch in January 2022.
