Qred, the Swedish Fintech expert in business loans, is launching its services on the Dutch market under the name 'Qeld'. Qeld offers flexible business loans without start-up costs or binding maturities, tailored to the credit needs of SMEs.
The Netherlands is the fourth market to get access to Qred's financial services. Fintech lender Qred was founded in Sweden (2015) and already successfully launched its services in Finland (2016) and Denmark (2017). Qeld Qred, the Dutch component of Qred, is expected to start providing the first business loans to Dutch SMEs already this fourth quarter.
"It feels like a natural step to introduce our services in the Netherlands. The market is mature and there are digital processes that can facilitate our credit assessments and business model," says Emil Sunvisson, CEO of Qred.
To ensure a smooth launch, Qred has already assembled a Dutch team with extensive knowledge of the financing landscape in the Netherlands and experience in SME services. "We are both proud and delighted with our new recruits. They will play a key role in our future and help small businesses grow in the Netherlands," says Sunvisson.
Qeld will start serving the Dutch market with business loans of up to €200,000, with no start-up costs, hidden fees or binding terms. Minimal hassle, maximum flexibility: exactly what Dutch SMEs need to facilitate growth.