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
- No requirements for collateral (besides personal guarantee)
Loans for a new company or invest in your existing one
A business loan can be useful in many different situations, no matter what industry you operate in. It can be a way to improve liquidity, invest in new equipment, or have the opportunity to renovate. You know your company better than anyone and know which type of investment has the greatest potential.
Our business loans are created to fit into your everyday life as a small business owner. All paperwork is eliminated and you do not have to go to meetings or present a business plan. Instead we make a credit assessment, with your permission, by looking at your company’s transaction history. You apply through a simple form and get an answer quickly.