Business loans for sole proprietorships

Apply in minutes

Payout within 1 hour

No hidden costs or fees

Get a no-obligation business loan quote from Qred Bank

How much would you like to borrow?


I understand and accept that Qred Bank processes my personal data in accordance with their privacy policy.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Loans for sole proprietorships

The application only takes 1 minute, you will be notified within 1 hour and the money will be paid out the same day. Amazing, right?

How do I get a business loan for my sole proprietorship?

It's quite simple! You make a free and non-binding application with us in Qred. Here's how it works:

  1. The application takes 1 minute
  2. You will be notified within 1 hour
  3. The money will be paid out the same day

The loan also has...

  • No lock-in period
  • No start-up fees
  • No hidden costs

Short summary

A sole proprietorship is the most common form of business in Denmark and is characterized by having one owner who is personally liable for the company's obligations. At Qred, we work with many sole proprietorships and offer fast and free business loan applications that can be disbursed the same day. We lend money to businesses in all industries, regardless of how long they have been established, as long as they have a cash flow that makes it possible to repay the loan.

Sole proprietorship is the most common type of business. A large proportion of our customers are sole traders.

What is a sole proprietorship?

Sole proprietorships are among the most common types of companies in Denmark.

A sole proprietorship must be registered if it has obligations in the form of, for example, VAT, payroll tax and employees. Registration of your sole proprietorship is free of charge.

A sole proprietorship is characterised by the fact that it has only one owner and that the owner is personally liable for the company's fulfilance of its obligations.

How do I find funding for a sole proprietorship?

As the sole owner, you have different types of challenges than those who are employed or operate, for example, a limited company. You are personally liable for the company and its activities. The need for funding arises in most companies. Especially in a new company or when the business grows.

At Qred, we love working with talented entrepreneurs in all industries. Many of these are sole traders. When the need for temporary financing arises, it's good that we're here. It only takes a minute to apply for our business loans and you can have the money in your account the same day. Applying for a loan is also completely free and of course non-binding.

How long do I need my business to apply for a loan?

It doesn't matter how long you've had your business. We also lend money to newly created companies. The important thing is that the company has a cash flow that allows you to repay the loan. Never take out a bigger loan than you can pay back and think carefully about how the money should be spent.

Which industries can get a business loan?

We lend money to companies in all industries. For example, we have lent money to restaurants, carpenters, hairdressers, dentists, lawyers, fitness consultants, cafes, shops, musicians, photographers, bike dealers, pilots, masseuses, IT experts and more. Call us and tell us what your business is doing!

About Qred Bank

Our story

Founded in 2015 by entrepreneurs for entrepreneurs, Qred Bank is one of Europe's fastest growing fintech companies according to the Financial Times. Qred has delivered profitable growth from the start and is the market leader in the Nordics with Denmark's most satisfied customers, according to Trustpilot.

With operations in Denmark, Sweden, Finland, the Netherlands, Belgium, Norway, Germany and Brazil, Qred has issued hundreds of thousands of loans to small businesses. With a fully automated credit scoring system, Qred Bank is able to offer you a fast and competitive financing option.

About Qred Bank and our history

Do you have any questions?

Talk to us about your options.
All weekdays 8-17