Qred Bank AB

Qred Bank AB is a Swedish licensed bank focused on financing for small and micro businesses in several Nordic and Benelux markets. The company offers short- to medium-term unsecured business loans and a corporate credit card, with applications handled online and identity verification typically completed via local eID solutions. Credit assessment combines automated scoring with manual review of company financials and bank statements; personal guarantees are frequently required. Pricing is commonly presented as a fixed monthly fee on the outstanding principal rather than a traditional interest rate, which can make direct APR comparisons less straightforward; total cost depends on the size and length of the loan, as well as any country-specific fees such as late charges or collection costs permitted by local law. Repayment schedules are amortizing, and early repayment terms vary by market and contract. Product availability, maximum loan amounts, and terms differ by country and can change without notice. As a Swedish bank, Qred Bank AB is supervised by Finansinspektionen; where deposit products are offered, eligible deposits fall under the national deposit guarantee up to the statutory limit. The service is positioned for working capital needs such as inventory, cash flow gaps, or short projects; costs are generally higher than traditional bank credit lines, reflecting shorter terms, unsecured structures, and faster decisioning. Prospective customers should review the loan agreement for fees, prepayment rules, and any personal liability, and evaluate the effective total cost against alternatives from local banks and other non-bank lenders.