No fixed term
At Qred, we offer our customers the opportunity to repay the business loan at any time, without additional costs or penalties. This means that you only pay for the period that you actually need the loan and are free to repay the full loan amount at any time. Our business loans therefore do not have a fixed, binding term.
Please note: we do have a standard loan period that is set out in the contract prior to taking out a business loan. The loan period ranges from 6 to 18 months and indicates when you need to repay the loan. However, you always have the option - at any time in your contract - to repay the loan amount in full. That's why we use the term “no fixed term”, because there are no binding terms at Qred that require you to hold the loan for 6, 12, or 18 months - and incur unnecessary costs. You decide how long you need the loan, not us!
How does applying for a business loan through Qred work?
Requests in a few simple steps:
- Click the “Request Now” button
- Select how much you want to borrow for business (loan amount from €1000 to €500,000)
- Fill in the company and personal information so that our team can do a quick credit assessment
- Click on requests (this is free of charge and without obligation)
- Our team will process your business loan application immediately and will be in touch soon to discuss the options
- If the application is approved, you will receive a contract that you can sign digitally
- By agreement and digital signature, we will transfer the business loan to you the same business day: the money can be in your account within 24 hours
What does Qred offer entrepreneurs?
- Business Loans from €1000 to €500,000
- No hidden costs
- No start-up costs
- Flexible duration of 6 to 18 months
- Repayable at any time at no extra cost
