Our business loan is an annuity loan where you can choose between daily and weekly amortization. With an annuity loan, the total sum of each repayment is the same, but the interest part is higher at the beginning of the loan term, while the amortization part is smaller. As you repay the loan, the interest portion of each repayment will decrease, while the amortization portion will instead increase. The repayment of your business loan then takes place automatically via direct debit during the term of the loan.
In the case of loans over SEK 1.5 million, the loan is repaid monthly.