Refinancing for companies
Apply quickly and easily
Payout within 24 hours
Redeem the loan ahead of time and save money
Refinancing your business with Qred Bank
Qred Bank offers business loans for the purpose of paying off other business-related debts.
With a business loan from Qred Bank you get:
- A loan tailored to your business
- No additional fees
- Flexible repayment
How does that work?
- Apply in minutes
- We will contact you within one working day
- The money is paid out within 24 hours
"Qred er en forretningspartner for din virksomhed."
Rajissimo
Is, vafler, churros og kager
Brief summary
Refinancing is the process of restructuring your debt to reduce costs, such as by pooling multiple loans with one lender. This can provide lower interest rates, better terms and free up capital. Refinancing can be a good idea if you have high interest rates, multiple loans with different terms, or if your finances have improved. Qred Bank offers bespoke business loans with no set-up fees or hidden costs. There are flexible repayment options and you can repay the loan at any time without penalty fee. If you are considering refinancing, you can contact Qred Bank for advice or apply for free.
What is refinancing?
Refinancing is the process of revising and restructuring your existing debt, typically with the goal of reducing your costs. For example, you can collect all your debts -- such as business loans, credit loans, car loan etc. — which are initially located with different lenders, and pool them with a single lender.
In practice, this means borrowing money from a new lender, which covers the amount you owe to your various creditors. In this way, your total debt is paid off and you are left with a single debt with the new lender.
Possible benefits of refinancing
- Enhanced loan terms
- Lower interest rate
- Better service
- Release of capital
Should I refinance my company's debt?
If you can answer 'yes' to one or more of the following statements, refinancing can be beneficial for your business:
- My loan has a high interest rate
- I have several loans with different interest and maturities
- My business has grown and my financial situation has improved
- I need more capital
- I'm not happy with my current bank's service
- I want better loan terms
A tailor-made business loan from Qred Bank
It is completely free and non-binding to apply for a loan with Qred Bank. In the application process, Qred Bank conducts a thorough credit rating to determine if a business loan is sustainable for your business, as well as which offer is best for you.
Full transparency with Qred Bank
There are no set-up fees or hidden costs when you get a business loan from Qred Bank. Instead of an interest rate, you pay a fixed monthly benefit, so you always know what your monthly expense is going to be.
Flexible repayment with Qred Bank
With a loan from Qred Bank, there is no binding. You can make an early refund at any time without penalty. In fact, you save money by paying back the loan ahead of time, as you avoid any monthly benefits you would otherwise have paid in the remaining term. For example, if you repay your loan two months ahead of time, you save two months of fee. It's simple!
Is refinancing the right choice for me?
If you are considering refinancing your business, you are always welcome to contact us. The customer service team at Qred Bank is ready to answer your questions and guide you through the process. Otherwise, you can always send an application — it is completely free and without obligation.
Qred Bank has been supporting entrepreneurs since 2015
Founded in 2015 with the mission to help other entrepreneurs, Qred has never been afraid to challenge the traditional banks. Today, we offer fast and simple financing solutions in seven countries and are a leader in business finance in Scandinavia.
We opened our Danish branch in 2017 and have already helped thousands of Danish companies. What makes us stand out is that we work exclusively with business finance, and therefore are able to meet entrepreneurs at eye level. That's why we're also incredibly proud to be one of the top rated banks on Trustpilot.
2015
2015
the foundation of Qred
50
000
50
entrepreneurs supported
7
7
markets
Contact Us
We will assist you every weekday between 8 am and 4 pm.
Siden er skrevet og faktatjekket af
Emil Sunvisson
CEO
Qred Bank
Emil Sunvisson is CEO and co-founder of Qred Bank. Emil holds an M.Sc. from the Royal Institute of Technology and an MBA from the Stockholm School of Economics. Emil is a serial entrepreneur and has previously been CEO of Cherry and co-founder of Yggdrasil, among others. In addition to being a popular speaker at conferences and events, Emil has been a frequent guest on podcasts to talk about corporate finance and entrepreneurship. Since its inception in 2015, Qred has been launched in 6 different countries and has been recognized by the Financial Times as one of Europe's fastest growing companies for 5 years.
