Business loan when you need it most

Loan up to NOK 5,000,000, regardless of industry or
size of your business.

Simple application process

Payout within 24 hours

Fully repayable at any time

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Desired loan amount

How much do you wish to borrow for your business?

kr

10.000 NOK

5.000.000 NOK

Qred Bank processes your personal data in accordance with the GDPR and Qred's privacy notice.

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A business loan tailored to your ambitions

Here are some examples of how a loan from Qred Bank can help you achieve your goals.

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Business loans for ongoing projects

Take out a bridge loan to cover material costs or hire qualified skilled workers so that you can complete your ongoing projects without interruption.

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Business loan for new investments

Elevate your business to new heights with investments in upgraded equipment, machinery, or software.

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Business loans for unexpected expenses

Unexpected costs can arise for anyone. Be prepared for unforeseen expenses such as repairs, tax demands, or the need for a liquidity buffer.

Isbjørn logo, satisfied customer in Qred bank
"Simple and easy-to-understand banking experience! Great help in a short time when we needed it! Highly recommended!!"

Knut Arild Gustafsson

Isbjørn AS, Heimdal (Trondheim)

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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Do you have any questions?

Find the most asked questions and answers here:

How is my application for a business loan assessed?‍

Once you have submitted an application for a business loan, we will contact you by phone and e-mail. Before we can assess your application, we need to familiarize ourselves with your company. We take into account the desired loan amount and your financial situation, where you may be asked to submit supplementary documentation. The aim is to tailor a financing solution to your company's needs and wishes.

When will I get the money in my account?

We will try to process your application within one hour. If your loan application is approved, you will receive an offer by email and SMS. Upon signing, you fill in your bank account for disbursement, and the business loan will be disbursed within minutes.

How do I contact Qred?

We offer unsecured business loans, which means that we do not pledge property, operating equipment, accounts receivable or inventory. You, however, act as a guarantor on our loans.

You can contact us by calling 32 99 36 41, emailing support@qred.no or chatting with us here on the website. We are open Mon-Fri between 08:30-16:30.

Can I repay the loan early?

Absolutely! There is no binding period or additional cost for early repayment of our business loan.

What is a business loan?

A business loan is a financial solution for companies that need capital (money) to meet various needs.

Types of business loans

There are different types of business loans. Depending on your business and needs, different types of business loans can work for your business.

Online business loans

At Qred, we offer business loans online. That means you don't have to go to a physical bank branch to meet someone at a specific time. All you have to do is submit an application on our website and you'll get an answer within an hour. The money is paid out the same day you sign the offer - completely digitally!

Traditional major banks

The traditional big banks still have local branches where you have to make an appointment to meet an advisor. It can take several days or even weeks to get an answer, and the application process is also often very time-consuming.

Benefits of business loans from Qred Bank

In addition to the world-class personal service, you can do everything from applying to getting the money in your account completely digitally - in a matter of hours!

  • No start-up fee
  • No binding time
  • Free and non-binding application

When should you consider a business loan?

There are several different situations where you can take out a business loan. It could be to overcome a temporary downturn or to invest in something and expand your business. Whatever your reason as an entrepreneur, Qred is here for you.

How does the business loan application process work?

With us at Qred, it's as easy as ordering a book online. Fill in details such as the desired loan amount, contact information, etc. It only takes a few minutes. Within an hour, an agent will contact you with some follow-up questions or a quote. The money is disbursed the same day you sign the offer. Done!

Requirements for applying for a business loan

You must be a Norwegian citizen, have a Norwegian bank account and be resident in Norway.

Documentation required for a business loan

Once you've submitted an application to us, we'll run a credit check and start collecting documentation automatically. However, you can always choose to attach what you have directly to your application or choose to submit it manually at a later stage.

Interest rates and fees for business loans

At Qred, we want to make it as simple as possible. That's why we have chosen to have a fixed monthly fee as the cost of the loan. This means you know exactly what you will pay each month. We also have no start-up fees or other hidden fees for early repayment or similar. In fact, we encourage you to pay back early! That's why our loans have no lock-in period.

Common interest rate types for business loans

Other common types of interest and costs for business loans can be set-up fees at the beginning of the loan period, administration fees and other types of interest or hidden costs that you may want to be aware of.

Alternatives to business loans

There are several different options for business loans. It all depends on the needs of you and your business. If you have a lot of small and daily expenses, a business card may be a good option. If it's more a question of cash flow, factoring and invoice sales may be the way to go. There are also some banks and lenders that offer overdraft facilities. This can be useful if you want a secure collateral that you can use when needed.

How to find the best business loan?

Most people have a "house bank", usually one of the traditional big banks, for their personal finances such as mortgages, accounts etc. Many people find it nice to separate their personal finances from their business finances. At Qred, we can offer world-class personal service!

For companies that meet the criteria for sustainable business, we also have green loans.

What you should compare when choosing a business loan

There are many things to consider when taking out a business loan.

  • Don't take out a loan if you already have too much debt.
  • Don't take out a loan if you know you'll have trouble repaying it.
  • Don't take out loans to make risky investments.

That's why it's always important to calculate the cost of your business loan.