Non-binding loan terms

At Qeld, we offer our clients the opportunity to repay the business loan at any time, without any additional fees or penalties. This means that you only pay for the period you actually need the loan and are free to repay the full loan amount at any time. Our business loans, therefore, do not have a fixed, binding term. 

Please note that we do have a standard loan period, which is set out in the contract prior to taking out a business loan. The loan period varies from 6 to 18 months and indicates when you should repay the loan. However, you always have the option - at any time in your contract - to repay the loan amount in full. That's why we use the term "no binding term", because with Qeld there are no binding conditions that force you to use the loan for 6, 12 or 18 months - and incur unnecessary expenses. You decide how long you need the loan, not us! 

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How does applying for a business loan through Qeld work? 

Apply in a few simple steps:

• Click on the button 'Apply now'.
• Select how much you want to borrow for your business
• Fill in the company and personal details so that our team can do a quick credit assessment
• Click on apply (this is free of charge and without obligation)
• Our team will immediately process your application for a business loan and get back to you soon to discuss the possibilities
• If the application is approved, you will receive a contract that you can sign digitally
• Upon approval and digital signature, we will transfer the business loan to you on the same business day: the money can be in your account within 24 hours. 

What does Qeld offer entrepreneurs? 

• Business loans from € 1,000 to € 200,000
• No hidden costs
• No start-up fees
• Flexible loan term from 6 to 18 months
• Repayable at any time without extra charge

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