Loan example

What does a
business loan cost?

Froda offers loans at a fixed price, without additional fees.
The pricing is tailored to your business and based on your sales.

Estimate your price

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 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.

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.

Do your loans have a fixed term?

When applying for a business loan, you choose your repayment time. If your situation changes you can, after the first month, choose to repay the loan in full or at a faster pace – at no additional cost.

How does Froda charge for their loans?

You repay your business loan with a small amount every day. The repayments are made automatically by deducting the amount from your account through direct debit.
You’re done in e.g. 12 months (if that’s the repayment time you chose) and you won’t get any large monthly invoices. Since our loans are set at a fixed price, you always know how much is being repaid and there will never be any additional costs.

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
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.

Is the application binding?

No, the application is not binding and completely free of charge. When you apply for a business loan on froda.se, you will receive a price proposal via email. The offer shows the exact price for your company, and is free. If you choose to accept the offer, click on the link in the offer and then simply sign with Mobile BankID. Only after you’ve signed the offer do we have a binding agreement.

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.

How does Froda’s satisfaction guarantee work?

If you are not satisfied with your loan with Froda, you can repay the loan at any time at no extra cost.

Before your investment

Lower prices and better terms Market-leading terms tailored for your business.
Fixed price, no hidden fees Get a fixed price based on your business’ sales.
Fully digital application Avoid paperwork, apply with Mobile BankID in 2 minutes.

After your investment

Smart repayment Pay off your loan with a small sum of your sales each day through direct debit.
We’re always here, regardless of time and place Sign in to view your loan or contact us via chat or phone.
Repay the loan whenever you want If you wish to repay the loan earlier, you can always do so, at no extra cost.

Price & terms

What does a
business loan cost?

Frequently asked questions

Loans for a new company or invest in your existing one

A smarter choice
– before and after

What does a business loan cost?

Frequently asked questions

Loans for a new company or invest in your existing one

A smarter choice – before and after

What does a
business loan cost?

A smarter choice
– before and after