Stockholm, June 12, 2024 - Qeld, Europe's newest bank, today increases the maximum limit for loans to small businesses. Customers can now apply for loans of up to €500,000, an increase of €300,000 from the previous maximum. The increase is part of Qeld's ongoing effort to better meet the needs of small businesses and support their business goals.
"We have seen an increasing demand from small businesses for larger loan amounts, especially in connection with expansions and investments in their operations. By increasing the loan limit to €500,000, we want to give small businesses more flexibility and better opportunities to develop," said Emil Sunvisson, CEO of Qeld.
The increase has been implemented in four of Qeld's six markets: Finland, Sweden, Norway and the Netherlands, and will soon be implemented in all markets.
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