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 1-24 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!