Why businesses choose Froda

Financing without queues and complexity
Save money, energy, and time. You get the security and perks of a bank, but without all the time consuming processes, waiting times, and hassle.

Available when it suits you
Apply wherever you want, whenever you want. Your continuously updated loan-limit makes it easy to plan your business’s investments.

A partner by your side
You can be confident that we have your company’s best interests in mind. After all, we have built Froda around having the same incentives as you.

Trustpilot 4.8 / 5

Froda have the most satisfied customers in Sweden 5 years in a row according to Trustpilot.

50 000+ trust us

Thousands of businesses owners already use Froda for their financing needs.

Secure as a bank

Froda is a credit institution under the oversight of the Financial Supervisory Authority.

How it works

1. Tailor to your needs
Adjust loan amount and term to suit your business. We analyze your revenue and get back with a loan proposal.

2. Send your application
Choose repayment frequency and whether you want the loan to be amortizing or non-amortizing.

3. Money in your account
We do some final checks before sending the agreement. The money gets paid out within a business day from signing.

Shared joy
is double joy

For us, the best customers are businesses that flourishes and are able to repay their loans. It might seem obvious, but in an industry that tend to earn money on the opposite, we want to take a stand. That’s why we have but the success of your business at the center of ours, instead of having terms that makes life miserable for you.

Frequently asked questions

What does Froda’s business loans cost?

Froda offers a fixed price for your loan. There are never any additional costs or hidden fees like set-up, reminder or late fees. The cost for your loan is based on the amount, repayment time, as well as your company’s sales and credit score. To find out your exact price, you can [easily make an application here]. It only takes a couple of minutes and you’ll have a free and non-binding price proposal within 24 hours. We are proud of our terms, so feel free to compare us. If you do find a lower priced offer with similar terms, we will match it!

How does Froda’s lowest price guarantee work?

The guarantee means that Froda must always offer at least as low a price as our competitors. If you have, within the last 30 days, received a price proposal for a loan from another bank at a lower price than what you’ve been offered from Froda, we will always match that price. The guarantee presupposes otherwise comparable terms (e.g. installments and collateral) and only covers applications that have been granted a loan by Froda.

Who can borrow money from Froda?

To get a business loan from Froda, you are required to have a Swedish registered company and have had sales for at least six months. Froda approves all company forms. Our minimum credit rating requirements are there to create good terms for you to be able to repay the loan without straining the company’s finances. When you apply you will receive an answer within a couple of hours. Many of our customers are e-retailers, cafés and restaurant owners, hairdressers or shop owners.

Swedish registered company
Enskild firma (Sole proprietor), HB, KB or AB
Sales for at least 6 months

How does the repayment work?

The idea behind Froda is that you as a small business owner should be able to loan money to make an investment in your company that increases your sales. That is why you always make installments on your loan with Froda. You choose the repayment period between 1-36 months.
In order to avoid large monthly invoices, a small amount is deducted daily through direct debit from your company account. The repayment begins two days after the money is paid out to your account.
The daily repayments are especially appreciated by all our customers who charge by card. Your daily sales are not significantly affected and you become debt-free “without really noticing”. If you have a different setup or situation, it’s possible to have a different repayment model. Contact us and we’ll discuss what suits you.

How do I apply for a business loan from Froda?

You apply easily at froda.se. Choose loan amount and repayment time, and then continue with filling in your contact information, so that we know where to send the price proposal. After that you need to answer some questions regarding the purpose of the loan and if there are any previous loans attached to your business. The application is complete after you’ve identified yourself with Mobile BankID. Applying is free of charge, non-binding and takes just a few minutes.

Can I repay the loan early?

Yes. We have a 1 month minimum repayment time. After 1 month you can pay off the remaining loan amount at no additional cost. When comparing business loans it’s important to compare the cost of repaying the loan early. Some companies allow early repayment but still require you to pay almost all of the remaining costs. Make sure to choose a loan with good flexibility, so that you don’t borrow more than you need in the future.

Invest in the future
of your business

Estimate your price

Why businesses choose Froda

How it works

Shared joy is double joy

Frequently asked questions

Shared joy
is double joy