How much does a Qred business loan cost?

Qred does not use a standard rate, but evaluates each request for a business loan on an individual basis. Our team makes an overall credit assessment of whether an entrepreneur is able to meet future payments and see if the loan amount is commensurate with the company's size and turnover.
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At Qred, you pay a fixed price for a business loan of up to €500,000 every month. This price consists of two parts: a fixed monthly price for using the loan (operating costs), plus a fixed monthly repayment on the outstanding loan amount (amortization). Add the two amounts together and you have your total monthly amount. The amount you pay in monthly usage costs and repayments is calculated based on the loan amount, loan period, credit score of a company and other factors.

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Why a fixed price for a business loan?

We prefer a fixed monthly price, because this way you, as an entrepreneur, know exactly what is deducted each month. No complicated interest rates or a sudden increase in your monthly charges: but the same costs every month, clear and organized. With Qred, the monthly amount remains the same throughout the term of the business loan (unless you apply for a loan increase in the meantime and can borrow extra credit).