Swedish fintech company Qred now offers simple and flexible business loans to small and medium-sized businesses in Denmark.
In the future, Qred will offer business loans with no set-up fee or lock-in period with the mission to help Danish entrepreneurs with simple, flexible and transparent financing solutions.
Qred was founded in 2015 and launched in Finland in 2016 with great success. This makes Denmark the third market Qred has entered.
Qred expects to offer the first business loan in Denmark in the third quarter of 2017.
"Entering the Danish market seems like a natural extension of our existing markets. Denmark has a solid foundation for entrepreneurs, but there is a lack of financing solutions aimed at start-ups."
- Emil Sunvisson, CEO of Qred.
To ensure that the launch and Danish customers receive the best service, a Danish team has already been assembled with knowledge of the loan market for small and medium-sized businesses in Denmark.
Qred will bring financing to the Danish market in the form of business loans from 10,000 DKK and up to 500,000 DKK with no set-up fees, hidden costs or cumbersome processes. Business loans from Qred are flexible and simple, exactly what Danish entrepreneurs need to further grow their business.
AboutQred Bank AB
Qred is a bank for entrepreneurs by entrepreneurs. Founded in 2015, Qred is the newest bank in Europe to be named one of Europe's fastest growing fintech companies in the Nordics for four consecutive years. With operations in Sweden, Finland, Denmark, the Netherlands, Brazil, Belgium and Norway, Qred is a market leader in business loans for small and medium-sized businesses and has today issued business loans to thousands of entrepreneurs. With a proprietary automated credit scoring system, Qred offers a fast application process and competitive financing for business owners. Read more at www.qred.dk