Your business loan is ready

No hidden fees
No set-up cost
No lock-in period

Qred at a glance

7200%
growth
100+
talents
6
markets
5000+
created jobs

Our reputation

When you thrive, we thrive - that's our motto
With over 30 000 businesses helped, Qred was listed as the fastest-growing company in Sweden by the Financial Times. Our goal is all about empowering you.

Common answers

What's the interest rate?

Our loans do not have a separate interest rate. Instead, we charge a fixed amount each month you have the loan - there are no other fees. The monthly fee is individual and based on your company's qred-score, which is based on many dozens of data points and parameters and gives an overall evaluation of each application. As the loan has no lock-in period, you can pre-pay at any time and only pay for the months you keep the loan. That is, you can save significantly if you choose to pre-pay your loan.

What happens if I can't pay on time?

You'll get a reminder, and we will reach out. It's important to pay on time to avoid late fees, and eventualy debt collections. Moreover, if you pay according to play you can typically apply for additional funds in the future.

When should I repay the loan?

You pay a fixed amount each month. If you took a loan on the 10th, then your first invoice will have due date on the 11th of the following month. We send invoices 10 days before the payment deadline.

Is there an invoice charge?

No, as long as you choose the default option of PDF-invoice via e-mail. If you prefer a mailed paper invoice there is a 5€ charge for postage and handling.

Who can apply?

All limited liability business, partnerships, sole proprietorships / traders, and more can apply and be approved a loan. It can be a proud, old business, or a brand new startup, large or small. We work with businesses in virtually every industry, from north to south - even businesses with a checkered credit history can qualify. We evaulate each business individually - the key for us is that there is a solid business idea and qualified business owners behind the company.

How do I apply?

It's easy to apply and takes about 60 seconds, and there's no cost to apply. There are 3 easy steps:

  1. Fill in a short form (desired amount, organisational number, e-mail och mobile phone).
  2. Additional information can be sent to improve your offer. During normal work hours you can expect an offer within an hour.
  3. You decide if you want to go forward after you get our offer. Upon approval with BankID we will pay out the loan the same day, normally the same day.

Questions?

We love small businesses. Get in touch and let us know how we can help your company!
08:00-18:00 (mon-fri - lnc/mpc)

Get your business loan within a day!

Applying is free and non-binding
No hidden fees or start-up costs
Same day payout of your loan

Apply here!

Apply in 1 minute
Fast and easy application process. It's free and non-binding.
Offer within the hour
We’ll reach out to you within an hour of your application.
Same-day payout
You can sign your offer with BankID and receive your funds within the day.

Finland's most satisfied customers

  The winter season is challenging for us as it is not the season for motorcycles. Business loan helped us to expand our services to car programming.

Jani Parkkonen
Gatemania

Business loan helped us to get ready for the Christmas season. We launched a new product and that required big investments in raw materials and supplies. 

Marko Mäkilä
Vaskion Mauste

We needed to purchase inventory worth of five months of sales all at once. Business loan made it possible. 

Anu Rainela-Lankinen
Alnilam

Whatever your business needs money for, Qred has got you covered with a fast and flexible business loan! From working capital to new equipment: we'll support you no matter what.

Personal service

Our amazing customer team will be there for you and guide you through every step of the way.

Fixed fee

Each month you pay a fixed fee and amortisation for your loan. There are no interest or other fees.

No lock-in period

There is no lock-in period for our business loans. You will only be charged for the months you use the loan.

No hidden fees

There will be no hidden fees or surprises. Business loans should be fair and easy.

How we make business financing easy for you

Hassle-free

Applying for a business loan is simple, straightforward and only takes a minute!

Stress-free

Sign our offer digitally and we’ll transfer the money within the same working day

Fee-free

It’s completely free and non-binding to request a quote for a business loan!

Frequently asked questions

What does it cost?

The only cost of your business loan is a fixed monthly fee that is individually determined for each company. There are no other fees. Apply now to get a free quote!

Who can apply?

All businesses can apply for our business loan - no matter the size of the business nor the industry. All you need is a registered business that is active.

What can I use the loan for?

No matter what your business needs funding for, Qred has got you covered! We support all business loan purposes from new equipment to working capital.

About Qred

Qred was founded by entrepreneurs for entrepreneurs. With operations in Sweden, Finland, Denmark, the Netherlands, Brazil and Belgium - Qred/Qeld has helped more than 25,000 companies. Right now, Qred is creating ten jobs a day, 7 days a week.

Visit About Qred to read more.

7200%
growth
100+
talents
6
markets
5000+
created jobs

Contact us

We love small businesses. Get in touch and let us know how we can help your company!
08:00-18:00 (mon-fri - lnc/mpc)

Every business needs help once in a while

As business owners, we’ve experienced the difficulties in working with the big banks. That's why we set out to offer convenient and flexible financing for small businesses.

Qred at a glance

7200%
growth
100+
talents
6
markets
5000+
created jobs

Testimonials

  • The winter season is challenging for us as it is not the season for motorcycles. Business loan helped us to expand our services to car programming
    Jani Parkkonen
    Gatemania
  • Business loan helped us to get ready for the Christmas season. We launched a new product and that required big investments in raw materials and supplies.
    Marko Mäkilä
    Vaskion Mauste
  • We needed to purchase inventory worth of five months of sales all at once. Business loan made it possible.
    Anu Rainela-Lankinen
    Alnilam

The Story Behind Qred

Once upon a time, a relatively young and hopeful entrepreneur started a small business. Everything was fresh, exciting and a bit unfamiliar. The first thing that needed to be done was to obtain a bank certificate stating that the founder’s hard-earned and saved start-up equity capital had been deposited. With pride, the entrepreneur went to the nearest bank to announce that he wanted to open an account for his new business and deposit one hundred thousand kroner into his account.

He enthusiastically described his plans to the inscrutable bank clerk, who asked, “but why have you chosen to come to our bank?” The entrepreneur was taken aback, since this bank had received the prestigious “Best Swedish Commercial Bank” award, but he calmly replied because it seemed like a good business bank. After 15 minutes, the entrepreneur was informed that the bank did not believe in his idea and that the bank therefore rejected his customer application...
Read more

The People at Qred

About the team

Career Opportunities

Questions?

We love small businesses. Get in touch and let us know how we can help your company!
08:00-18:00 (mon-fri - lnc/mpc)

Growth Blog

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Help and support

Feel free to search our knowledgebase for the most commonly asked questions!

Do I have to pay VAT?

No, the fees are exempt from VAT.

What's the interest rate?

Our loans do not have a separate interest rate. Instead, we charge a fixed amount each month you have the loan - there are no other fees. The monthly fee is individual and based on your company's qred-score, which is based on many dozens of data points and parameters and gives an overall evaluation of each application. As the loan has no lock-in period, you can pre-pay at any time and only pay for the months you keep the loan. That is, you can save significantly if you choose to pre-pay your loan.

Is there an invoice charge?

No, as long as you choose the default option of PDF-invoice via e-mail. If you prefer a mailed paper invoice there is a 5€ charge for postage and handling.

What happens if I can't pay on time?

You'll get a reminder, and we will reach out. It's important to pay on time to avoid late fees, and eventualy debt collections. Moreover, if you pay according to play you can typically apply for additional funds in the future.

When should I repay the loan?

You pay a fixed amount each month. If you took a loan on the 10th, then your first invoice will have due date on the 11th of the following month. We send invoices 10 days before the payment deadline.

How do I get in touch?

You can call us at 09 424 503 99 or send an email to asiakaspalvelu@qred.com.

Who can apply?

All limited liability business, partnerships, sole proprietorships / traders, and more can apply and be approved a loan. It can be a proud, old business, or a brand new startup, large or small. We work with businesses in virtually every industry, from north to south - even businesses with a checkered credit history can qualify. We evaulate each business individually - the key for us is that there is a solid business idea and qualified business owners behind the company.

How do I apply?

It's easy to apply and takes about 60 seconds, and there's no cost to apply. There are 3 easy steps:

  1. Fill in a short form (desired amount, organisational number, e-mail och mobile phone).
  2. Additional information can be sent to improve your offer. During normal work hours you can expect an offer within an hour.
  3. You decide if you want to go forward after you get our offer. Upon approval with BankID we will pay out the loan the same day, normally the same day.

View all questions

What happens if I do not repay the loan?

After you've been reminded and contacted, eventually the loan will be sent to a debt collections company. If your company still cannot pay, you can become personally responsible for the remaining debt.

Who requlates Qred?

Qred is registered as a financial instition with the Financial Supervisory Authority of Sweden, and our company and operations are regularly reviewed and monitored by an authorized auditor.

Do you save my password?

Yes, in encrypted form, for maximum security. This is why you have to create a new one if you forget your password. Please choose a password that nobody else knows or can easily guess, with letters, numbers and special symbols.

Come on, there must be hidden fees?

Nope. At Qred, transparency is at the heart of our values and where we think we raised the standard in the market.

How is Qred different?

We've invested heavily in a modern, digital solution, with no expensive branch network. By automating data extraction and through smart analysis of hundreds of data points we are able to quickly get to an evalution of most businesses. As far as we know, nobody else in Northern Europe can approve and pay out a business loan faster than Qred. What's also unique is you only pay for each month you have the loan. Simple and straightforward.

What is Qred?

Qred is the new way to finance investments in your company. All businesses that are active can apply for up to 200.000 € without going to a bank. Your application is handled within an hour, and your funds are paid out the same day. You pay a fixed fee for every month you hold the loan, there are no hidden fees, and you can pre-pay when you want to (you only pay for the months you keep the loan). The monthly fee is set individually based on your company's qred-score. Each month you pay a fixed fee and a fraction of the amount you borrowed as amortisation. No interest or other fees. Convenient, right? Looking for inspiration, and how other companies have worked with Qred? Have a look at some of the company's we highlight and interview in our blog!

What does it take to qualify?

We do a comprehensive evaluation of every application. The critical element is your company's ability to handle the loan and manage repayment, and generate enough return on investment to justify your loan - that the loan's size is in proportion to your business. Sometimes we have to say no to applications, or approve a lower amount than you request. This might be because the company or owners have incurred debts they cannot repay or have a long history of payment remarks. That said, small or uncommon payment remarks need not be a hinder, and we always look at the big picture. You've provided incorrect information. The company's ability to repay is in doubt or impossible to demonstrate. Read more under security and borrowing responsibly.

What does Qred mean?

Qred (pronounced ”cred”) is a play on words with the word credit and the expression cred, that is to show someone respect or honor.

When will the loan be paid out?

The loan is paid out the same day after you accept our offer, as long as that happens by 16:30. Depending on holidays and weekends, there can be a couple of days before the funds reach your business account.

Questions?

We love small businesses. Get in touch and let us know how we can help your company!
08:00-18:00 (mon-fri - lnc/mpc)

Qred enables financing for your customers

Help your customers invest and grow by offering flexible financing - become a partner with Qred today! With Qred as your partner, you can help your customers invest and grow thanks to fast, fair and flexible financing. In addition, you increase your own income with our partner commission.

What does Qred Partnership mean?

Being a partner of Qred means that you are rewarded for helping other entrepreneurs find quick and reliable financing for their business needs. We provide flexible business loans without start-up fees or hidden costs, helping entrepreneurs build their future with the right financing opportunities. Our partners help us reach more business owners with direct financing needs. It can be as simple as a supplementary down payment loan for leasing a company car, stock financing or the purchase of products and services. Whatever your financing needs, Qred offers the tools to make your business better by enabling financing for your customers as an additional service. Plus, we reward you - our partner - with a commission for each successful referral (accepted loan), making a partnership with Qred the smart choice for both you and your customers.

Benefits of a Qred Partnership:

  • Opportunity to sell more products / services to other businesses
  • Less friction,
    more conversions
    in your sales pipeline
  • Zero cost, zero commitment, zero effort - only rewarding opportunities
  • Commission on each successful referral (approved loan)
  • Qred is fully responsible for the financial risk

Who can become a partner

  • Company brokers and intermediaries
  • Retailers and suppliers
  • Accounting and auditing firms
  • Business advisers and consultants
  • Debt collection, credit and finance companies
  • Programming and IT providers

Get started in a day

It is as easy to become a partner of Qred, as it is to apply for a business loan with Qred. Contact our partnership team to find out more about the profitable possibilities for you and your customers.

Jonne Sintonen

Partnerships Manager
jonne.sintonen@qred.com

How would you like to onboard customers?

We offer partners two ways of onboarding customers into Qred:
Application Form
Add the Qred widget script to your page. You can also customize- and add your logo and branding if desired.
An onboarding application form will automatically be generated for you.
or
API
Integrate your software with the Qred API.
Your service will be able to directly interface with the Qred API in order to onboard new customers.

Need additional help?

Landing pages
We'll build and host a dedicated landing page for your customized application form.
or
Partner portal
Gain access to our partner portal, where you'll be able to add customers directly via a web interface!

  • The best thing with partnership with Qred is the mutual desire to drive things forward. I highly recommend contacting Qred if you are interested in additional earnings. As a partner they are very flexible.
    Jarno Paananen
    Myyntiapu
  • Marketing often requires a significant investment before getting results. With Qred, clients can split the cost of the investment over several months which makes the purchase decision easier for them. That way we can kick off faster and start getting the results.
    Eero Peurala
    POPUP AGENCY

How it works

  • 1. Register your business
    Provide these details and send - we promise we'll get back quickly with an answer on how to proceed!
  • 2. Start sending leads
    It's easy and smooth to send in potential new customers. We promise to treat your contacts with professionalism, courtesy, and fairly.
  • 3. Get paid directly
    For every lead you provide that takes a loan you'll get a commission. We guarantee fast payment!

Answers to common questions

What are the costs associated with Qred loans?

Qred does not have a standard interest fee, instead, we make individual assessments for each company - offering them a personalised quote that best matches their needs. Qred does offer full transparency and easy-to-understand loan terms. For example, we have no start-up costs, hidden fees and don’t work with lock-in periods. Instead, customers have the option to repay the loan in full at any time, giving entrepreneurs the option to remain in control of their finances. What do our customers pay monthly? We charge a standard service fee for our loans (based on loan term, individual credit rating and amount), combined with a standard amortisation fee. Combine the two (service + amortisation) and those are the standard monthly payments, without unexpected surprises. Clear, easy and transparent: that is why savvy entrepreneurs choose Qred for business loans and financing.

Who can become a partner?

Businesses that sell goods and/or services to other businesses, for example, lease companies, IT-services, inventory and business supplies, professional cleaners, financial advisors, etc. are eligible for a Qred partnership. If you or your company cater to the business market, not the consumer market, you can become a Qred partner and help other businesses find the right financing for your products.

Who is Qred?

Qred is an expert in business loans and company financing. Founded in 2015, Qred’s mission is to power entrepreneurs and help businesses grow, invest and expand. We provide flexible business loans without start-up costs, hidden fees or hassle: exactly how business lending should be.

What are the advantages of a partnership with Qred?

As a partner of Qred you enjoy multiple benefits. Firstly, you are eligible for a commission on each successful referral (accepted loan). Secondly, a partnership with Qred is the ideal opportunity to expand your business reach and broaden your customer base. For example, do you sell goods or services to other businesses, like company vehicles, IT-services or supplies? Then a partnership with Qred helps your customers find quick and reliable financing to purchase your products. Our partners help other businesses grow, invest and innovate, whilst getting rewarded for it: it’s a win-win-situation for all. 


Advantages partnership: 

  • Commission on each successful referral (accepted loan)
  • Attractive growth opportunities in a competitive market
  • Help your customers find quick financing for your products and/or services
  • Expand your business reach and broaden your customer base
  • Qred is fully responsible for the financial risk: you have zero risk or liability
  • Become affiliated with the 8th fastest growing company in Europe
  • Take advantage of expertise on how to maximise your partner potential

How do I become a partner of Qred?

Signing up as a partner is as easy. Just like applying for our business loans is as well! You can simply indicate your interest via our Partner page by clicking on the button ‘Become a partner’ and provide us with your company details and contact information. Our partner manager will then take your application into immediate consideration and reach out to discuss the opportunities further.

Corporate

A word from the CEO

All companies may need some extra cash from time to time. We want it to be easy, fast and safe to get a business loan. That’s why we started Qred.

From the start, Qred received a fantastic reception from tens of thousands of small businesses. It feels almost unreal that it is actually possible to challenge the old established banks without being particularly large or strong. My conclusion is that heart and ambition mean more than muscle and tradition.

We are today one of the fastest growing fin-tech companies in the Nordic region, and we have already lent over SEK 2 billion to the smallest companies. It is money that comes in handy – many of our customers stand without traditional bank financing, even though they are run by competent and skilled contractors.

The banks are stuck in a costly costume and small business owners are seen as inconveniences, and not as partners. According to a recent survey, only every 10th company with up to 20 employees has loans from the bank. At the same time, over 80% of all new jobs in Sweden are created today by small companies.

Qred offers loans to small companies in the Nordic region and in the Netherlands. The loans are relatively small (up to around SEK 1 million), and have relatively short maturities (the loans are normally repaid with up to 12 monthly instalments). By limiting the loan amounts and the credit period, we keep the risk down.

Thanks to our unique scoring model and our large and diversified customer base, we have relatively small and very predictable loan losses, which in turn leads to good profitability.

Welcome to Qred!

Financial reports

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Upcoming reports

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Bond documentation

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Board of directors

Sean Cory

Chairman of the Board since 2021.
Managing Partner Northern Europe, previously Market Leader for Nordics, Russia, Central & Eastern Europe, at Oliver Wyman.
Former Managing Director at KPMG Consulting.

Thomas Jansson

Boardmember since 2015.
Chief Growth Officer and co-founder
M.Sc. Accounting (Åbo Akademi University).
Former COO and Business Development Manager at Tact Group.

Andrea Gisle Joosen

Board member since 2019.  
Ba & MSc Business Administration & Marketing (Copenhagen Business School).
Chairman of Acast and board member of ICA Gruppen, BillerudKorsnäs and Dixons Carphone.

Emil Sunvisson

CEO and co-founder
Board member since 2015.
MBA (Stockholm School of Economics), M.Sc. Engineering (Royal Institute of Technology in Stockholm).
Former CEO of Cherry.

Jason Francis

Vice CEO and co-founder.
Boardmember since 2015.
MBA (Stockholm School of Economics). MA Econ (Duke University).
Former Nordic Strategic Manager at Trygg Hansa and Management Consultant at Oliver Wyman.

Executive management

Marcus Uggla

Chief Product Officer
MSc in Accounting and Financial Management (Stockholm School of Economics).
Former Senior Product Manager at Klarna, Digital Director at Departments & Stores Europe and COO at Campadre.

Andres Sehr

Chief Marketing Officer
Bachelor Comm Finance and Marketing (University of Toronto).
Former CMO at Hedvig, Director of Marketing at Truecaller and Marketing DIrector at Spotify.

Oliver Dolan
Chief Technology Officer & CIO

M.Sc Decision Support & Risk Analysis (Stockholm University) and B.Sc. Computer Systems Engineering.
Former Engineering Manager at Worldfavor.

Jenny Arvidsson
Chief Legal Officer

Juris Doctor (Santa Clara University School of Law).

Former Associate at Bird & Bird and Attorney at Pillsbury Winthrop Shaw Pittman LLP.

Thomas Jansson
Chief Growth Officer and co-founder

M.Sc. Accounting (Åbo Akademi University).
Former COO and Business Development Manager at Tact Group.

Mia Rosén
Chief Financial Officer

Master’s degree in Economics (University of Borås).
Former CFO at Widespace and Head of Group Accounting at Hoist Finance.

Emil Sunvisson

CEO and co-founder
Board member since 2015.
MBA (Stockholm School of Economics), M.Sc. Engineering (Royal Institute of Technology in Stockholm).
Former CEO of Cherry.

Jason Francis

Vice CEO and co-founder.
Boardmember since 2015.
MBA (Stockholm School of Economics). MA Econ (Duke University).
Former Nordic Strategic Manager at Trygg Hansa and Management Consultant at Oliver Wyman.

Bond information

Bond information

  • Senior secured bond
  • Nominal amount: EUR 40,000,000
  • ISIN: SE0012507267
  • Floating interest rate EURIBOR 3m plus 8.5%
  • Matures in June 2022
  • Group ownership: EUR 14,900,000

Press

Contact

For more information, feel free to contact me via e-mail or phone
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Press communications

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Qred in the media

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The credit card designed for businesses - no matter the size.

Become one of the first to get Qred's credit card. Sign up today so you don't miss out!

Why, you say? Why not, we say!

Easy sign-up and application
Free card
No monthly fee
Gather all expenses in one invoice

Handle everything in the Qred App

See all expenses
Never again have to carry a wallet full of receipts.
Invoice management
Collect all card invoices in one place.
In-app support
Direct support line to our team of brilliant experts.
Keep me updated!

We also made a cool video - check it out here!

Reviews

This was supposed to be a comparison square, but there are no other cards to compare ours to!

Without Qred
With Qred
  • Suitable for small businesses
  • Financing for every day costs
  • Sweden's most satisifed customers according to Trustpilot
  • It's free - we'll send you a free business credit card with no monthly fee.
  • It's fast - don't waste time on a long application process. Ours only takes 1 minute.
  • It's safe - we're licensed by S-FSA, so you're in good hands.
  • It's universal - and can be used everywhere Visa is accepted.
  • It's reliable - with Sweden's most satisfied customers according to Trustpilot.

Still wondering why?
This is the FAQ that might convince you:

How does the card work?
The credit card provided by Qred can be used for business purchases both online and offline. You will receive a plastic VISA card with a credit limit. You will be able to monitor your card spending, set spending limits and block the card using the Qred App.
How do I apply for the Qred card?
You can already sign up to be first in line when Qred's credit card becomes available this summer. We will email you as soon as the application opens. Making an application is free and non-binding.
How much does it cost?
Both signing up and getting a card is free and there is no monthly fee to have a card. Purchases have on average up to 45 days interest free. Once a month you will receive an invoice with 14 days to repay. You can choose if you want to pay the invoice in full (0% interest) or split it over time. If you split the payment, a company specific interest will be added, starting at 1.95%/month. Your company interest rate will be calculated for you once you have requested a card.
Can I use my physical Qred card at an ATM to withdraw cash?
No. Cash allowances are not available on business cards.
What is Qred?
Qred is a business financier focused on solving big problems for businesses of all sizes, allowing them to focus on building what they love. We create simple products that take the pain out of managing everyday finances. We have operations in six markets and provide financial services through business loans, factoring and our credit card.

More

Sign up today to secure a spot on the waiting list and be first in line to get your free Qred card.

Questions?

We love small businesses. Get in touch and let us know how we can help your company!
07:00 - 17:30 (mon-fri)

Newsletter

By submitting my data, I agree to Qred’s processing of personal data. You can read more in our privacy policy.

Heading

🇸🇪 Sverige
🇳🇱 Nederland
🇫🇮 Suomi
🇩🇰 Danmark
🇧🇪 België
🇧🇷 Brazil
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