Together we can improve the environment
Helping Danish companies is something we do every day at Qred. By engaging with businesses and offering them finance, entrepreneurs are empowered to grow their businesses. This creates space for them to focus on what they do best, which is running a business. It's our passion, and right now we've helped more than 3,000 Danish businesses grow and develop. And overall, Qred has helped 12,000 businesses across our markets. This has contributed to 10 new jobs a day, 7 days a week.
We also help against the global challenges
In Denmark, more than 19 million euros have been disbursed for environmental investments by large companies, while several small and medium-sized enterprises are struggling to get support from banks to get started. At Qred we want to change this.
Through Qred's Green Loans, we are now taking a step further towards the 17 Sustainable Development Goals (SDGs).
We offer Green Loans for environmentally beneficial investments that a company wants to make. The following is a list of different actions, but it is not exhaustive:
- Payment for electric car
- Payments for solar panels
- Heat pump
- Energy improving renovations
How green loans work
At Qred, we always offer an individual credit assessment for each business when we receive a loan application. In this process, we ask for proof of turnover as well as the owner's personal annual statement. For our Green Loans, in addition to the aforementioned documents, we will ask for documentation that specifies what the green investment or acquisition is about. If our credit assessment and your documentation match, we can offer a loan where we further reduce the monthly price. The discount and lower price are given on the basis of the individual credit assessment.
With Green Loans, you do not lose the right to repay the loan early. The loan is still paid out quickly and there are no hidden fees.
We reserve the right to follow up on the given investment, so we get a sense of how our Green Loans are helping to drive the green transition in Denmark.
