Business loan

The guarantee means that Froda will always offer at least as low a price as our competitors. If in the last 30 days you have received an offer for a loan at a lower price from another bank than that offered to you at Froda, we will always match that price. The guarantee is otherwise subject to comparable conditions (e.g. amortisation and collateral) and covers only applications granted loans by Froda.

To obtain a business loan from Froda, you must have a Swedish-registered company that is operated either as a sole proprietorship, trading company, limited partnership or limited liability company. Unfortunately, we do not lend to financial associations or foundations. Usually, your business needs to have been up and running for a few months in order for us to do a full analysis of your application.

Our minimum credit rating requirements are in place to create good conditions for you to be able to repay the loan without straining the company's finances.

At Froda, you don't have to choose between smooth and affordable financing, you get both. Through new technology and data-driven analytics, we have developed a service that is easy to use and saves you time and money. Therefore, we can offer business loans with the same security and affordability as the big banks, but without all the time-consuming and cumbersome administration. You also never have to worry about neither hidden fees, nor commitment periods. Interest is the only cost you pay for the loan, and if you want to pay it back early, you can do it completely free of charge.

As several parameters play into the pricing of business loans, the interest rate can differ by several percentage points from loan to loan. Therefore, the average interest rate can provide a misleading comparison, which is why Froda does not use it as a measure. The interest rate your business gets is affected by loan amount in relation to turnover, duration, and credit rating, among other things.

No, Froda doesn't have any setup fees or other hidden charges. Interest is the only cost of the loan.

You apply directly at froda.se. The only thing you need to do is fill in your contact details, identify yourself with BankID and adjust your loan according to your preferences. In most cases, we can collect all the data we need automatically and give you an answer to your application directly.

No, the application is not binding and it does not cost anything to apply.

Froda offers business loans up to 5 000 000 SEK. On average, we grant a loan amount that corresponds to a month's turnover in your company (provided that the business is well managed). It may happen that you can borrow more or less than the amount you applied for.

No, you do not need to prepare anything to apply as all the information we need to process your application will be automatically collected when you apply.

No. We issue business loans to all businesses, regardless of size or business type. Whether you run your business as a limited company, trading company, limited partnership or sole trader, you can turn to us when you need financing. The only requirement we have is that the business is registered in Sweden.

Our business loan is an annuity loan where you can choose between daily and weekly amortization. Annuity means that each repayment is equal but that the interest portion is higher at the beginning of the term of the loan, while the amortization portion is smaller. As you repay the loan, the interest portion of each repayment will decrease while the amortization portion instead increases. The repayment of your business loan is then made automatically via direct debit for the duration of the loan.