Qred is a new way to borrow money. All Danish companies can apply to borrow up to 2.000.000 DKK from Qred, bypassing traditional banks. Usually, you will be notified within an hour and we pay out the money the same day. You pay a fixed amount every month and there are no hidden fees. You can repay the entire loan at any time without any additional costs. At Qred, you only pay for the loan during the months you actually have it. The monthly fee is individual and depends on your credit rating. After each month, you pay a monthly fee and principal repayments. There are no interest rate or fees.