Guide: Take out a business mortgage

A business mortgage can be an essential step for entrepreneurs who want to expand their business or buy a new property. At Qred Bank, we understand that speed and flexibility are crucial, which is why we offer same-day business mortgages. Qred does not offer a business mortgage, but we do offer business loans.

What is a business mortgage?

A business mortgage is a business loan for financing corporate real estate. This can be for the purchase of a new building, the renovation of an existing building, or the refinancing of existing business mortgages. At Qred Bank, we make sure the process is smooth and fast, so you can focus on running your business.

Benefits of a Qred Bank business mortgage

At Qred, we offer various benefits:

• Fast payout:
  We aim to arrange the payout the same day so that you have immediate access to the necessary financing.
• Flexible terms:
  Our mortgages are tailored to your specific needs, with adjustable terms such as interest rates and repayment periods.
• Transparency:
  We believe in clear agreements with no hidden costs.

How does it work?

The process starts with a simple request via our website. After submitting the necessary documents, such as financial information and a valuation report, our experts will review your application. Upon approval, the mortgage will be paid out the same day after signing the mortgage deed at the notary.

Costs and terms

Taking out a business mortgage involves various costs, such as valuation costs, notary fees and advisory costs. The interest varies and depends on factors such as the risk profile of the loan and the term. At Qred, we ensure transparent communication about these costs.

Requirements

To qualify for a business mortgage, many others usually ask for a personal contribution of at least 30% of the property's purchase value. In addition, current annual results and a valuation report are required. Remember to always calculate the cost of your credit.