Running a business is stressful, but luckily our business loans aren't

Flexible: pay back whenever you want

Fast: paid the same day

Transparent: no hidden fees

Get a non-binding offer for a business loan from Qred Bank

How much do you want to borrow for your business?

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What can you use a business loan for?

A business loan can help your company when you want to invest in growth or get out of a difficult situation.

When you need to hire more people

Invest in machinery
and tools

When you need more capital

10,000 up to
2 million

Qred offers tailor-made business loans that are perfect for small and medium-sized businesses. With financing from Qred, you can confidently address both small and large needs that your business faces.

Our loan amounts range from NOK 10,000 up to NOK 2 million, giving you the freedom to realize your ambitions and ensure growth for your business!

How does it work?

Apply in minutes

With us, applying is easy! We take the hassle out of the process, so you can quickly access the financial support you need to realize your dreams. Save time and apply now to discover what opportunities Qred has to help you and your business!


Same day offer

With us, you'll be contacted the same day you submit your application. We understand the importance of a fast and reliable response, so you can move forward with your plans without unnecessary delays.


Sign with BankID

When you choose to accept the offer, you can easily sign with BankID and have the money transferred to your account the same day!


No binding period

We understand that needs can change, which is why we give you the flexibility to repay your loan at any time, at no extra cost. With us, there are no hidden fees or surprises.

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Frequently asked questions about business loans

How do I apply for a higher loan?

You can apply for a higher loan on the website, by logging in to MyQred or by contacting customer service on 32 99 36 41. If you want to apply for a higher business loan than what you have been granted, you can request a new assessment. In some cases, we may request additional documentation to ensure that we have the correct basis for our assessment.

Do you take a credit check?

Yes, in order to make an assessment of your application, we must carry out a credit check. If you have blocked yourself from a credit check, you can open the block temporarily on Creditsafe or Experian's websites.

What is self-debtor bail?

In the case of a self-debtor guarantee, the guarantor provides a guarantee for the borrower's ability to pay and willingness to pay.

Is the repayment plan binding?

No, the repayment plan is not binding and you can therefore repay your business loan at any time at no extra cost. Please contact customer service if you plan to repay the loan earlier so that we can produce a final invoice for you.

When is the first due date?

The first due date is one month from when you signed the contract. You will be sent an invoice 10 days before the due date with an account and KID number that is valid for the entire loan period. Contact customer service if you need to change the due date.

How do I receive the invoice?

The invoice will be sent to the e-mail address you provided in the application form.

Please contact customer service if you want us to change this or send it to you by post. You can also find the invoice by logging in to MyQred with BankID, which is the self-service portal for Qred customers.

Why was I rejected?

A refusal can be due to several reasons, such as, for example, that we have not succeeded in getting in touch with you or received the requested documentation.

How long a repayment period do you offer?

We offer a repayment period of up to 36 months, depending on your company's needs. We don't have a fixed term on our business loans so you have the opportunity to reduce the cost of repaying the loan in a more rapid way, saving money in the process.

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 repay the loan?

You can choose to refund the full amount, at no extra cost. Contact us or log in to My Qred.

We offer loans to businesses, where you fill out an application form on our website or on My Qred if you are already a customer with us. We offer short-term financing between SEK 10,000 and 5,000,000.

How do I contact Qred?

We offer unsecured business loans, which means that we do not take security in property, operating assets, accounts receivable or inventory. Instead, you act as a guarantor on our loans.

You can contact us by calling 32 99 36 41, emailing or chatting with us here on the website. We are open Mon-Fri between 08:00-17:00.

Where can I get an overview of my business loan?

You get a full overview of your business loan by logging in to MyQred with BankID.

For information

‍ Your loan agreement and repayment plan can be downloaded before you sign a business loan agreement. All necessary documents will also be sent by e-mail after the agreement has been signed.

What is My Qred?

This is a self-service portal for customers of Qred. The portal gives you a full overview of your active loan, including your repayment plan and upcoming invoice. It also gives you an overview of previous loans with Qred.

Can I apply for a new or higher loan on My Qred?

Yes, you can easily apply for a new or higher loan on MyQred, where you get an answer within an hour.

Who is Qred Bank?

Qred Bank is a bank for entrepreneurs. We help small and medium-sized businesses with the right type of financing. All Norwegian companies can apply for a business loan of up to NOK 5,000,000 without having to go to the bank.

Finally, a business loan with great rates

With a business loan from Qred, the only cost of the loan is a fixed monthly fee.
We conduct a comprehensive credit assessment of the company before determining an individual monthly fee.
You can easily see what your monthly fee will be by submitting a non-binding loan application here.

Qred helped me keep going during tough times.
Thanks to Qred, we were able to lease our company car and pay salaries.
Qred contacted us after a day and made a loan offer. It felt like a fair deal!

Business loans and loans for small businesses do not have to be difficult

Getting a business loan for your company, no matter how old or big the company is, doesn't have to be particularly difficult.

Interest-free months

We understand that unforeseen events can arise during the company's life cycle. Therefore, under certain circumstances, we can offer interest-free installments for a limited period. If you are unable to pay the full amount on your invoice, it is important that you contact us so that we can see how we can help you further.

Important to consider when applying:

There are many things that you may want to think about when applying for a business loan.

  • Is it the right time for the company to make an investment?
  • Do I dare to take that step while the company is growing?
  • Will I be able to repay the loan on time?

There are many questions and at least as many answers. It is good to ask a lot of questions and analyze the circumstances of the company and its finances.

As a business owner, you already know that you tend to have a lot of expenses. It can be about everything from paying taxes, marketing costs, invoices from suppliers and other things needed to keep the company afloat.

Be clear about what you will use the business loan for. For example, if you need to buy a machine for NOK 100,000 and are applying for the same amount, we may ask you if you have any capital from before that you can invest. If you then have NOK 30,000 that you can set aside, we can give you an offer of NOK 70,000 which you can then use together with the NOK 30,000 that you already have.

The company might benefit from investing a little extra in the inventory before the high season, putting a little extra effort into the marketing or building the outdoor seating area that you have always dreamed of to attract guests during the summer?

Qred believes in transparency, innovation and passion . If you are open about the company's status and what you will use the business loan for, we can more easily decide which loan amount and repayment period you should have. If you clearly show how innovative your company is, we can do it too. And if you show the passion you have for your company, it rubs off on us too.

Consider this when taking out a business loan for your company

  1. What do I need the business loan for?

    Think through what you will specifically use the business loan for. That way, you can reduce the cost and make it easier for yourself to repay the business loan.
  2. What will it look like in a few months or a year?

    Depending on the repayment period you have chosen, you should have a plan for how you will be able to repay the loan. If you have taken out a business loan for six months, you must also be able to repay the entire amount by then. Being late with your payments ultimately only hurts yourself in terms of possible unnecessary late fees and, in the worst case, debt collection claims. Be careful and don't invest in high-risk projects or things that you don't really need.
  3. Can you save up part or all of the amount?

    Sometimes the boring answer is to save. Try to put a little aside each month for a rainy day or for a day when the opportunity you can't say no to presents itself.

Don't hide your head in the sand!

If you are having trouble paying your business loan this month, get in touch. It is much easier to be able to change a repayment plan if we have that information. So don't be like the ostrich that sticks its head in the sand. Get in touch if you find it difficult to stick to the payment plan. Then we can always help you adjust the payment plan slightly.

It goes fast!

Why are our business loans so fast? First, it's quick to search. The only thing you need to fill in is the desired loan amount, e-mail, mobile number and the company's organization number. It takes about 1 minute to apply. Second, we are quick to let you know. If you apply during our opening hours, you will receive an offer the same day. If everything looks good, you can simply approve the offer with BankID. We then pay out your money on the same day that you approve the loan.

It's simple!

Simplicity really does go hand in hand with speed. We have a simple application process and will contact you if we need more documentation.

It's safe!

With us you can feel safe. You log in, sign and approve via BankID. We use the same security solutions as the world's leading banks. All communication between Qred and your browser is encrypted with 256-bit SSL verified by Geotrust, the world leader in online security. You can feel safe when you use Qred - just like in your bank. We also protect your privacy and only store the data that is necessary according to the law or to be able to provide a better loan to your company. We never store passwords and you can contact us at any time to find out more.

What can I use a business loan for?

You might think that most people take out a business loan to save their company when they're on the brink of bankruptcy? That couldn't be more wrong. Most businesses that take out a business loan with us do so in order to grow their business. Of course, you can do it in different ways, but here we list some of the most common loan purposes:

- Buying inventory before peak season
- Buying tools or machinery
- Renting or buying premises or vehicles
- Refurbishing
- Paying invoices
- Education and training
- Marketing online or offline
- Hiring to grow
- Revamping your business website
- Liquidity to cope with periods of low revenue
- Cash flow

4 out of 5 jobs are created by small business owners

As a small business owner, you may not be the one on the news every night. But the fact is that it is you small business owners who contribute the most to welfare and community development. You also contribute to society with social security tax, employer's tax, VAT and other taxes so that Norway can continue to grow and develop.

When should I not take a business loan?

Perhaps you are about to test a product, a service or a market? During the telephone conversation with us, we ask, among other things, some questions about why you need a temporary capital increase. How likely is it, especially if you're in a startup phase, that your business will start generating revenue within a few months? If you are a carpenter who has been employed for several years and has now started your own business, you may be able to start generating income at a high pace. It is therefore more relevant to take out a business loan, even if you are in a start-up phase, than for a person who may be in a completely new industry and has no prerequisites to say whether the business will succeed. If the latter is the case, it may be better to wait to take out a loan until the company has started to generate some income. Then it is better to take out a loan when you see that the company's future prospects look good, and thus also know that you can repay your business loan. You should of course avoid taking out a business loan that you cannot repay.

Qred is positive

We love small businesses! Almost 50% of employees in Norway are employed in small and medium-sized companies. Small businesses are therefore an incredibly important part of the Norwegian economy. Qred also started as a small business. We understand that sometimes a temporary boost of liquidity may be needed to cope with low or high season, invest in equipment, inventory, staff, marketing or to pay taxes and fees.

Good to think about

1. Write down why you need to borrow money for the business

The reasons for taking out a business loan are very different. We can still divide the reasons into good and bad. Good reasons for taking out a business loan are to cover a temporary need. This may involve investing money in machinery, hiring more people, training, renovation, marketing or inventory. They are simply investments that should give a return that enables your company to pay back the business loan. Bad reasons are e.g. to cover a weak profitability or loss, without you having a concrete plan on how the loss can be quickly turned around. A bad reason is also to pay other loans. The risk is that you end up in a negative loan spiral. Never borrow more than you need!

2. Explore different options

Bank loans for businesses are the option most entrepreneurs think of first. The problem is that the traditional banks want to take very little risk. They also have old systems and routines that are very expensive. This means that small business loans are rarely a profitable business for the bank, which prefers to lend hundreds of millions or billions to large companies. Lending money to businesses at the bank is unfortunately more difficult now than ever before.

Factoring and invoice financing can be an alternative if you have many invoices where the payer has a good credit rating. If you are a small company that invoices other small companies or private individuals, it is more difficult and more expensive to use factoring.

Capital from an investor is a good option if you need money in the longer term and you have not started the company and can show stable cash flows. The downside is that you sell part of your company to the investor, and thus part of your own freedom and future profits.

‍ Online business loans are a flexible and easy option when your company needs to borrow money and the amount is not that large. It is often very easy to apply for the loan and you will be notified quickly. At Qred, we can give you an offer the same day you apply and the payment takes place the same day you approve the offer.

3. Interest on loans to the company

Costs vary greatly, depending on who you turn to. The interest rate is important, but the pitfalls are many. In addition to the interest, there are a number of costs that the various lenders impose. Here are things you should watch out for. Interest on business loans is most often a percentage of outstanding loans.

The interest rate on loans to small businesses varies widely, but is often 10%-20% per year. Establishment fee is a fee that most lenders charge for setting up a new loan. It can be up to 5% of the loan amount.
Invoice fee is a fee that the lender can charge for sending an invoice. There are no rules for what an invoice fee can cost.
Redemption fee is a fee that you sometimes have to pay to the lender if the company wants to repay the loan faster than agreed. This can involve very large costs. Application fee is a fee that unscrupulous actors charge to apply for a business loan.
Monthly fee is a fee that Qred charges every month. Qred has only one fixed monthly fee; no interest, no establishment fee, no redemption fee, no application fee and no other hidden costs either.

4. Create a repayment plan

Once you've researched your options, it's time to think about the next step – how to repay your business loan. Do a simple math. There are many templates online, but unfortunately they are quite difficult to understand. It doesn't have to be advanced, but it is important that you think through the company's future situation. Make sure you have some margin in your calculations and think about different options. What happens if you e.g. lose a customer or if a project is delayed? The better prepared you are, the greater the likelihood that the company will be granted a business loan and that the company will succeed in the future!

How do you increase your current business loan with Qred? 

It's easy! Just call or send us an e-mail, or you can log in to MyQred and fill in the desired loan amount and we will try to find the best possible solution.

Applying for an increased loan amount is free of charge, non-binding and you will be notified the same day. You get answers to e-mail and SMS, and it looks just like the first time you took out a loan with us!

Do I have to wait until the entire loan is paid off before applying to extend the loan?
No, you do not have to wait until the entire loan is paid off. If you apply for an extension when you already have a loan, we will make an individual assessment of you and see if there is an opportunity to increase, and how much you can possibly increase. We usually want to see a few months of good repayment to be able to increase the loan.

What can I as a customer do to get an extended loan?
‍ We
want to build good relationships with our customers. To get a higher amount, there are two things you can do. If you pay back on time, you increase the chance of being able to extend. Another option is to add one person to the loan.

Do I get two loans to keep track of if I get an extended loan?
No, the amount that remains to be paid off on your current loan and the amount paid on the new business loan are added together in the same business loan. You receive one invoice and it becomes easy to keep track of! However, if you have another company, you can take out a loan for that company as well.

Can I change the repayment period?
‍ We
do what we can to always adapt to the customer's needs and we make an individual assessment for each application. Get in touch and tell us what you want and we'll look into the matter to resolve it as best as possible!

Business loans online

A loan from Qred is fast, safe and easy!

If you are, for example, a restaurant owner with a broken oven, you don't have to wait for weeks for the business loan to be approved and paid out, as you might have had to if you applied for a loan from a major bank. When you can quickly solve the problem, you will also quickly be able to continue making money, which is why it is important to us that you get fast service.

Your data is handled securely; everything on our website is encrypted and you sign the offer with BankID.

It only takes a few minutes to apply and you don't need to add additional information and documents - if you don't want to. We call you for a conversation about your company and the loan you have applied for.

After we have spoken to you and we see that we can give you an offer, you will receive this by email and SMS where you sign with your BankID if you are satisfied with the offer. If you are already a customer with us, you may well be approved for a loan without having to speak to us first.
That's thanks to our algorithms and systems.

The offer is valid for 7 days and you can sign the offer at any time. You then get paid on the same day you sign!
Good, right?

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Contact Us

We help you find the solution that best suits your company!
08:00 - 16:30 (Mon-Fri)
32 99 36 41