About Qred

We offer loans to businesses, where you fill in an application form on our website or on My Qred if you are already a customer. We offer short-term financing between SEK 10,000 and 2,000,000.

Do you offer loans for setting up a new business?

Unfortunately, we cannot help you start your own business, but we are happy to help in the start-up and growth phase.

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 email. Before we can assess your application, we need to familiarize ourselves with your business. We take into account the desired loan amount and your financial situation, and you may be asked to submit supplementary documentation. The aim is to tailor a financing solution to your company's needs and wishes. ‍

Who can apply for a business loan? ‍

Companies with the company form ENK, AS, DA, ANS or ASA can apply for a business loan. The person applying must have a Norwegian BankID and signature rights to be able to sign an agreement on a business loan.

How long a repayment period do you offer?

We offer a repayment period of up to 24 months, which is determined according to your company's needs. We have no lock-in period on our loans so have the ability to reduce the cost of repaying the loan in a more expeditious manner, saving money in the process.

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.

We carry out an overall credit assessment of the company before we determine an individual monthly fee.

Do you have an establishment fee?

No, we have no set-up fee. You pay a fixed monthly fee every month until the loan is paid off.

‍

Do you have a redemption fee?

No, we do not have a redemption fee. You can therefore repay the entire loan at any time without additional costs.

‍

Read more about business loans.

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.

‍

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.

‍

Who can act as guarantor?

The person applying for a business loan acts as a guarantor. This indicates the general manager, chairman of the board, board member or shareholder.

‍

Can several people act as guarantors on the same loan?

Yes, you can provide several guarantors.

‍

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.

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.

‍

Can I receive a payment to a foreign bank account?

No, we only pay the money to a Norwegian bank account belonging to the company.

‍

Can I choose a lower loan amount than what I have been offered?

Yes, you can choose how much you want to borrow from the approved amount.

‍

Can I choose a shorter repayment term than what I have been offered?

Yes, you can choose a shorter repayment period yourself before signing the agreement.

‍

Can I sign the agreement with BankID on mobile?

Yes, you can sign the agreement with BankID (password and one-time code) or BankID on mobile.

‍

Can I choose to sign the loan offer later?

The loan offer is valid for 10 days, but we can of course send the loan offer again if it has expired. Contact customer service on 32 99 36 41 or support@qred.no and we will help you!

You pay a fixed monthly fee and installments on the loan to your company according to your repayment plan, which you can find by logging in to My Qred with BankID.

How do I receive the invoice?

The invoice is sent to the e-mail address you provided in the application form.
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 My Qred with BankID, which is the self-service portal for customers of Qred.

Can I have an EHF invoice sent to me?

We do not offer this service, but we can update your email address to receive invoices.

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.

Is the repayment plan binding?

No, the repayment plan is not binding and you can therefore repay the loan at any time without additional costs. Contact customer service if you plan to repay the loan earlier so that we can produce a final invoice for you.

You can get a full overview of your business loan by logging in to My Qred 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 My Qred , where you will receive an answer within an hour.

If you wish to apply for a higher business loan than the one you have been granted, you can request a new assessment. In some cases, we may request supplementary documentation to ensure that we have the correct assessment basis.

How do I apply for a higher loan?

You can apply for a higher loan on the website, by logging into My Qred or by contacting customer service by phone on 32 99 36 41.