Unexpected problems shouldn't put your business at risk

Fast application process

Payout within 1 hour

No early repayment fee

Get a no-obligation business loan quote from Qred Bank

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A good dialog with Qred enabled us to get started.

- Carsten, Daugbjerg limestone mines
Thanks to Qred, I was able to keep my business running during a tough period - Rudi, Restart Heart
Qred is a partner for the company - Nader, Rajissimo

Expand or invest?

Either way, we're here to help you and your business!

Hire more people

Increase or develop production

Say yes to more customers tomorrow

Business loans up to 2 million

For those who are ready to grow today!
Apply and get paid within 24 hours.

Frequently asked questions

What is the interest rate on a loan with Qred?

What is interest?

When you think of 'loan', you probably also think of 'interest rate'. Interest is the price you pay for borrowing money. It is usually expressed as a percentage and corresponds to a percentage of the amount borrowed. The interest rate can be either fixed or variable and depends on factors such as:

  • Borrower's creditworthiness
  • Borrower's finances
  • Loan term
  • The current loan market

What is the interest rate on a Qred loan?

At Qred bank, we don't operate with interest, but instead with a fixed monthly fee.

The monthly fee for a loan is highly individual for each borrower and depends on a Q-score based on factors such as

  • Borrower's creditworthiness
  • Borrower's finances
  • Company turnover
  • Loan term
  • The loan amount

The monthly fee is the only cost of taking out a business loan with Qred and is only paid for as long as the loan is active.

Pay off your loan early and save money

The way we determine your monthly fee is by looking at the above factors, among others. From this, we calculate a total amount for what it will cost to borrow the money. The total amount is then evenly distributed over the number of months the loan will run for.

However, since you only pay a monthly fee for the months that the loan is active, early repayment allows you to save the monthly fee for each month that you no longer have your loan.

Let's look at an example:

If the loan amount is 120,000 DKK with a term of 18 months and a total cost of the loan of 27,000 DKK, this corresponds to a monthly fee of 1,500 DKK

Redemption after 18 months:

18 months x 1,500 DKK = 27,000 DKK

Redemption after 12 months:

12 months x 1,500 DKK = 18,000 kr

By repaying the loan early, you will have saved 9,000 DKK

What's the difference between traditional banks and Qred?

There is a wealth of options when you enter the loan market. That's why it's good to know what the differences are when choosing a lender.

The traditional banks

Traditional banks are often able to offer favorable interest rates on your loans, and it can be nice to take out a loan with a bank you already have a relationship with. On the other hand, it can be difficult for small and medium-sized businesses to get approved for a loan, and if you do manage to get the bank to talk to you, the application process is often a lengthy affair. This is partly due to the fact that traditional banks have strict requirements and guidelines that must be met before they can approve a loan.

The process can be a taboo and disheartening experience, especially for new and small businesses, which are particularly vulnerable to financial challenges.

Qred bank

Qred Bank is an alternative loan provider that, despite having a banking license, is not subject to the same strict guidelines and requirements as traditional banks. This means that there is generally a higher cost of taking out a loan. On the other hand, the application process is short, which can make the difference between a business being able to take on new customers, increase its turnover or even just stay in business.

Qred's customer service specializes in loans for small and medium-sized businesses, which means we can meet our applicants and customers with a completely different understanding and guidance.

In short, a loan from Qred Bank can be a crucial factor in a company's existence.

If you want to know more, read our FAQ.

If you need money for cash flow or the holiday season, you can apply today and have the money as early as tomorrow.

If you're still considering whether a loan is the right solution for you, feel free to contact us at support@qred.dk or 89 87 10 06.

What happens if I can't repay the loan?

You will first receive a reminder that we need your payment. On an ongoing basis, you will receive further reminders. We encourage you to contact us as soon as you realize you have a problem with a payment so that we can work together to find a solution that suits both parties.

If no agreement is reached, we will have to refer the case to debt collection via our legal liaison.

How does Qred differ from other business loans?

Qred offers an alternative and flexible solution for businesses. Using modern technology and algorithms, we can analyze data from hundreds of sources to make a solid assessment of the applicant's business. Quickly and efficiently. For Danish businesses, this means that it now takes just one minute to apply for a business loan and the money is disbursed quickly after signing. No other company approves and disburses business loans faster than Qred. In addition, Qred offers a new repayment solution, which means that you only pay for the loan for the time you actually have it. This means that you are never tied to a loan with us and can repay the loan at any time at no extra cost.

Who can apply for a loan?

All Danish limited liability companies, private limited companies, sole proprietorships, personally owned small businesses and partnerships can apply for a loan. It doesn't matter whether your business is new or old, large or small - we have helped businesses in all industries. We carry out an individual credit assessment of each business. The most important thing for us is that there is a good and sound business concept and skilled entrepreneurs behind the business.

We've made it easy

Applying for a business loan with Qred is completely free and without obligation. You avoid hidden fees and unexpected costs by only paying a fixed monthly fee.

Simple and flexible
Personal service
Fast payout

Do you have any questions?

Talk to us about what you need.
All weekdays 08:00 - 17:00
89 87 10 06


Write to us

Getting a business loan has never been easier!

At Qred, everything is digital and it takes no more than a few minutes to fill out an application, no matter the industry or size of your business.

Fast application process

It takes just a few minutes to fill out an application and if you do it during business hours, we'll get back to you within an hour. If everything looks good, you'll receive an offer right away. As soon as you have signed the loan offer with MitID, the money will be disbursed within 24 hours.


There's no need to drag things out, so if you have the option to pay off the loan early, no problem!


We meet the same security requirements as all other banks.

All communications are encrypted by Geotrust, a leader in online cyber security. You can read more about our security policy at the bottom of the page, and if you have any further questions, you are always welcome to contact us.

What can I use a loan for?

The sky is the limit when it comes to usage of your loan. We help you put out fires just as much as we help you grow and achieve your dreams and ambitions. Among other things, we have helped other companies to:

  • Stock up for peak season
  • Buying tools and materials
  • Invest in premises or company cars
  • Renovate
  • Pay your bills
  • Educate staff
  • Boost your marketing

Can I increase my existing loan?

Yes, you can! You can either apply via the website or give us a call to discuss the best solution for you and your business. There is no cost to increase your loan and it will be on the same terms as your existing loan.

What are the requirements for increasing the loan?

We need to see that you have met the due dates of your repayments. In addition, you can add a guarantor to increase your chances of being granted a loan increase.

Will I have to keep track of two loans?

No, we merge the two loans so you only have to keep track of one loan. Please note that when you apply for an increase, the difference between your current loan and the amount of your increase will be paid out. For example, if you have a remaining loan of 30,000 DKK and apply for an increase of 100,000 DKK, you will be paid 70,000 DKK

Can I pay off my loan early?

Sure you can! It will even save you money! You can prepay your loan at any time at no extra cost. If you pay off your loan early, you save the fixed monthly fee that would otherwise be charged for the remaining term.

Interest-only mortgage

During certain periods, the costs are extra high. That's why we often have the opportunity to offer installment-free payments for a limited period of time. During the grace period, you only pay the fixed monthly fee.

Can I apply for a loan even if I am registered in RKI?

No, as long as you are in RKI, you cannot take out a loan with us. Once you are no longer registered in RKI, you are always welcome to send us a non-binding application. The answer to your application will be determined based on an overall assessment of your finances.

What should I consider before applying?

It's always wise to make some considerations before applying for a business loan. We have compiled some of the important questions to ask yourself:

  • Is now the right time to invest in my business?
  • Is my business ready to grow?
  • Is there room in my budget for repayment?

As a business owner, there are many parameters to keep track of. Not least when it comes to finances. Everything from deadlines for reporting and paying taxes, VAT, ATP, Holiday Account to income and expenses.

If you're in control of your finances, you're in a better position to assess whether there's room in your budget to invest, expand or invest in new products and markets.

When applying for a loan, it is therefore important to consider in advance how much you actually need and what you may have available from your own capital.

Whether it's stocking up on inventory for peak season, ramping up marketing or investing in more square footage, you need to have an overview of what your financial future will look like.

The more you think about what you want to spend your money on, the better we can help you find the right solution.

3 specific things to keep in mind before applying for a business loan:

  1. What will the money be used for?
    Will it increase my revenue immediately or will it take some time before I can reap the benefits of the investment?

  2. How does loan repayment affect my budget?
    Make a realistic plan for how long you need to repay your loan. Set the amount a little too low and the repayment period a little too high so that you don't end up in a situation where you can't pay your bills. If you are given the option to pay off your loan early, you can do so at no extra cost.

  3. Is itpossible to save a part of the amount myself?
    It's always best to be ahead of the game, so if you already have projects on the drawing board, it's obviously a good idea to start saving now. This will put you in a better position to raise the amount you need, hopefully with a smaller loan.

If you have problems with payments?

If you're struggling to pay for a month or two, speak up! It's much easier to look for a solution than having to deal with reminders and the warning of RKI and debt collection. We often have the ability to adjust the payment period and, above all, we want to be a support and not another stress factor for you.

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Fast process
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