qred.

Qred Bank AB is a Swedish fintech-turned-bank that specializes in fast, unsecured business loans. Founded in 2015, Qred focuses on helping small businesses access capital quickly and easily through a fully digital application process.

Their services are designed for speed, transparency, and flexibility, ideal for entrepreneurs who need funding without unnecessary delays.

Overview of Qred Business Loan Services

Qred offers two main types of business financing:

• Fixed-term business loans: Borrow between SEK 50,000 and SEK 5,000,000, with repayment terms up to 36 months. These loans come with predictable monthly costs based on a fixed fee model.
• Revolving business credit (Qred VISA): A business credit card that allows flexible access to funds with interest charged only on the amount used.

Key Advantages

• Quick approval: loan decisions often made within an hour
• Fast payout: typically within 24 hours after agreement
• No hidden fees or binding periods
• Early repayment is allowed without penalty
• Simple monthly pricing structure

Potential Drawbacks

• Personal guarantee is usually required
• Interest and fees for revolving credit can be higher compared to term loans
• Services primarily available to small and medium-sized businesses operating in Sweden

Qred positions itself as a flexible and transparent lender for SMEs, making it suitable for companies seeking a streamlined path to working capital.

What Services Does Qred Offer?

Qred provides two primary business financing options, each designed to meet different needs. Below is an overview of their offerings:

Loan Type	Amount Range	Interest / Fee	Term	Payout Time	Credit Info	Payment Note
Business Loan	SEK 50,000 – 5,000,000	Fixed monthly fee	Up to 36 months	Within 24 hours	Personal guarantee	Monthly payments via invoice
Business Credit Card	Credit limit varies	Monthly interest + fees	Revolving credit	Instant card delivery	Personal guarantee	Pay as you go; flexible balance

Notes:

• The fixed-term business loan includes a clear, upfront monthly cost structure with no variable interest rates.
• The Qred VISA business card is designed for recurring purchases and short-term liquidity, offering cashback features and digital management tools.

These services are tailored for SMEs that need either structured long-term funding or flexible credit access without traditional bank complexity.

What Requirements Does Qred Have for Applicants?

Qred aims to keep its application process simple and accessible for small businesses, but there are still a few key criteria that applicants must meet:

• Registered Business: You must operate a registered company in Sweden. Qred accepts applications from sole proprietors, limited companies, and other SME entities.
• Active Business Operations: Your company should be actively trading, with some form of revenue or operations underway. Startups may be considered if supported by personal guarantees and a strong application.
• Swedish Bank Account: A functioning Swedish corporate bank account is required for disbursing funds and managing repayments.
• Credit Assessment: Qred performs a credit check using publicly available business data and may request supplementary documents (e.g., income statements, invoices).
• Personal Guarantee: A personal guarantee from the business owner or director is typically required, especially for unsecured loans or higher amounts.

Unlike many traditional banks, Qred does not require extensive paperwork or collateral for most loans. Their decision-making process is automated and focuses on business performance indicators more than just credit scores.

How Does Repayment Work With Qred?

Qred offers a predictable repayment structure designed for small business flexibility. Here’s how the process works:

• Monthly Invoices: Borrowers receive a monthly invoice with a fixed amount to be repaid. This includes the principal portion and a pre-agreed monthly fee. There are no hidden interest charges or fluctuating costs.
• Fixed Fee Model: Instead of traditional interest rates, Qred applies a fixed fee each month. This simplifies budgeting and allows business owners to understand their total repayment cost upfront.
• Early Repayment Option: You can repay your loan early at any time without additional charges. Doing so reduces your remaining fees, making it a cost-efficient choice for businesses with improving cash flow.
• Qred VISA: For businesses using Qred’s credit card, repayments are more flexible. You only pay for the amount spent, with interest charged monthly. Payments can be made through the online dashboard or bank transfer.

Qred’s structure makes it easier for small businesses to manage cash flow while maintaining transparency around loan costs.

How Do You Apply for a Business Loan From Qred?

The application process with Qred is fully digital and takes just a few minutes.

1. Online Application
   Start by filling out Qred’s simple form with your company registration number, contact details, and desired loan amount.
2. Automatic Credit Assessment
   Qred uses real-time data from public registers and financial sources to evaluate your business. In some cases, they may ask for recent financial statements or invoices.
3. Receive Offer
   If approved, you’ll receive a personalized loan offer the same day, including monthly cost, loan term, and repayment details.
4. Accept Terms
   Review and accept the terms digitally. A personal guarantee will often be required during this step.
5. Fast Payout
   Once accepted, the funds are usually transferred to your business account within 24 hours.

The process is designed to minimize friction, making it ideal for busy entrepreneurs who need quick access to funding without lengthy paperwork.

When Does Qred Pay Out Business Loans?

Qred is known for its fast disbursement process. Once your application is approved and the loan agreement is signed, the funds are usually transferred on the same day or the next business day, depending on the time of approval.

Below is a breakdown of typical payout times:

Day of Approval	Payout Time
Monday – Friday	Same day or next business day
Saturday	Processed Monday
Sunday	Processed Monday

This speed makes Qred a strong option for businesses that require urgent capital to cover operational costs, seize growth opportunities, or manage temporary cash flow gaps.

Customer Service

Qred offers dedicated support to help businesses throughout the loan process. Their customer service is designed to assist with both technical and financial questions.

Support channels:

• Phone: Available during Swedish business hours for direct assistance.
• Email: Responses typically within 24 hours on weekdays.
• Dashboard Messaging: Logged-in users can send secure messages via the Qred platform.

The support team can assist with loan applications, repayment questions, and changes to existing agreements. While Qred does not provide financial advice, they are responsive and transparent in their communication.

Facts About Qred

Company Name	Qred AB
Address	Tegnérgatan 11, 111 40 Stockholm
Corporate Number	559008-9800
Homepage	www.qred.se
Email	support@qred.se
Phone	020-150 333

Qred is a regulated financial institution in Sweden focused on business lending for small and medium-sized enterprises.