Determine your loan. Accept payment for the invoice in 24 hours or less
How it operates
It really is your preference which invoices you may like to finance
Direct accounting integrations
Every business needs help when in a little while
Qred at a glance
You are able to rely on us
The Tale Behind Qred
Not so long ago, a somewhat young and hopeful business owner began a small company. Every thing had been fresh, exciting and a bit unknown. The very first thing that would have to be done would be to get a bank certification saying that the founderв„ўs hard-earned and spared start-up equity money was in fact deposited. With pride, the business owner visited the bank that is nearest to announce which he desired to start a free account for their start up business and deposit one hundred thousand kroner into their account.
He enthusiastically described their intends to the inscrutable bank clerk, whom asked, Сљbut why perhaps you have selected to get to our bank?Сњ The business owner had been taken aback, because this bank had gotten the prestigious СљBest Swedish Commercial BankСњ honor, but he calmly responded since it appeared like a business bank that is good. After a quarter-hour, the business owner ended up being informed that the lender would not have confidence in their concept and therefore the bank consequently rejected their consumer application.
Support and help
How can I make contact?
How is Qred different?
Whenever will the mortgage be given out?
Do i must spend VAT?
What is the attention price?
Can there be an invoice fee?
What are the results if i really do maybe not repay the mortgage?
What are the results if i cannot spend on time?
Would you just take payments that are swish?
Whenever can I repay the mortgage?
Will a UC is taken by you on me personally independently?
Whom regulates Qred?
Do you realy conserve my password?
Seriously, there should be concealed charges?
Exactly what does it decide to try qualify?
What does Qred suggest?
Qred enables financing for the clients
Who are able to be a partner
How it functions
a term from the CEO
All businesses might need some cash that is extra time and energy to time. We wish that it is simple, quick and safe to obtain a continuing business loan. Thatв„ўs why we began Qred.
From the beginning, Qred received a fantastic reception from thousands of smaller businesses. It seems nearly unreal it is really feasible to challenge the old banks that are established being especially big or strong. My summary is ambition and heart suggest significantly more than muscle and tradition.
We are today one of the quickest growing fin-tech businesses within the Nordic region, and now we have lent over SEK 2 billion towards the tiniest organizations. It’s cash which comes in handy a number of our clients stay without conventional bank funding, despite the fact that they’ve been run by competent and skilled contractors.
The banking institutions are stuck in a costume that is costly small enterprises have emerged as inconveniences, and never as lovers. Based on a survey that is recent just every tenth business with as much as 20 workers has loans through the bank. During the time that is same over 80% of all of the brand new jobs in Sweden are manufactured today by little businesses.
Qred offers loans to tiny organizations into the Nordic region and when you look at the Netherlands. The loans are relatively(up that is small around SEK 1 million), and now have fairly short maturities (the loans are typically paid back with as much as 12 month-to-month instalments). By restricting the mortgage quantities while the credit duration, the risk is kept by us down.
Because of our unique scoring model and our big and diversified client base, we now have reasonably tiny and incredibly predictable loan losings, which often results in good profitability.