Get multiple offers on business loans
Why business loan?
Many companies require external financing to invest in new projects and to grow. A business loan can be a good alterantive for that purpose. There are many different type of loans for businesses and terms vary heavily. If you are looking for a business loan for your business it is therefore often wise to compare across different providers. With Krea you can compare various business loan offers to ensure that you receive the best possible terms.
Krea’s digital comparison platform makes it easy for SMEs to find business loans to the best possible terms. We have supported more than 20 000 Swedish companies to find a business loan by providing a market comparison of 30 lenders. The service is digital and enables companies to find, compare and close financing up to 30 million Swedish crowns without hassle.
- Multiple offers with only one credit check
- Specialist in business loans
- Offers already within 1 day
We compare offers from the most banks and lenders on the market. This ensures that you will find the best possible solution for your business.
Fast but professional
You do not need to apply at 30 banks individually. We provide you with a quick overview of available financing solutions.
By using our platform you increase your chances of getting the best terms. We summarize all costs to make sure that you are fully aware of how much each alternative costs.
About business loan
What is a business loan?
A business loan is an external investment in your business. The loan size depends on your company's preconditions and the lender's offering. Some lenders only specialize in smaller businesses, while others focus more on larger customers. Comparing business loans are often a good choice, independent of whether you run a small or a large business.
Why do businesses borrow money?
There are various reasons why businesses might need to take a business loan. The funds can be used freely, for example for a purchase or to finance an expansion of the business. The costs of a business loan vary quite a lot and the best way to get an overview is by making an application on Krea. Your application is non-binding and we will not share your contact details with lenders before you choose a relevant offer.
How much can I borrow for my business?
You can estimate your company's credit limit before you make an application through our AI service. Our analysis shows that applying for a too large loan amount can be negative for your business. If your credit limit is 2 million SEK it is advisable to apply for that amount instead of 3 million SEK.
Technology that saves you time
Easily build your financing profile. We collect a lot of information automatically from public data sources, so that you can get access to offers faster.
2We prepare your financing request
We ensure that your business is presented correctly for lenders. Only one credit check is made on your company and provided guarantors.
You get offers from different banks and lenders. Our system recommends the most relevant offers for your financing needs and business.
4Get paid without the hassle
You can complete additional data requests and sign the agreement within minutes. Most of the time your company receives the funds within 2-5 days.
Examples of our business loan customers
Due to the corona crisis, the demand has fallen while existing orders have been canceled. The business loan helps me pay rent and operating costs until, hopefully, larger crowds starts to be allowed.
Have previously applied for a business loan with our house bank. But the service is too poor and it takes 10 days just to get an answer to an email. At Krea, it was quick and easy to apply for a business loan, and I received an immediate reply.
We had the opportunity to make an investment that would further strengthen our position on the market in terms of recruitment services. We experienced Krea as a new type of- and noticeably more service-oriented broker of business loans than we have previously met.
Nice and professional service with reasonable interest rates without "unnecessary hassle".
N-O Däck och Bilreparationer
We needed to improve the liquidity in the company for a shorter period. We contacted Krea and immediately began to receive offers for business loans.
We are very pleased with the help we received. Quick, smooth and easy seem to be the keywords.
Thank you Krea for fast service and friendly treatment - highly recommended!
We have helped over 20 000 companies
Absolutely insane what a difference there is between traditional banks and this new way of borrowing money. The whole process went really smooth. Took a week in total. This is how easy it should be to get access to capital to grow your company.
The big banks are conspicuous by their absence for us small business owners! Luckily, brokers like Krea exist and can make our everyday life easier.
Simple and smooth! Good follow-up and service from Linus at Krea. It is not every day that you do something like this, and the presence of Linus was ensuring throughout the journey. Can really recommend Krea, if / when you as an entrepreneur need an extra boost for investments.
Fast and smooth service. We got our loan paid out quickly and the whole process took only a couple of days from application to money on the account. Really good!
Common questions about business loans
Before you make an application with us you can always estimate your business' credit limit, completely free of charge and without credit check.
Click here to go to the service.
To apply for financing with Krea you are required to have signing rights for the company. That means that you need to have a leading role in the company, such as a CEO or board member. The company also has to be registered and active in Sweden.
Should you not have signing rights but have an economic or other role in the company, you can always contact our customer service, firstname.lastname@example.org for assistance with your application.
Private individuals cannot apply and neither can shell corporations, shelf corporations or branch companies.
The best way to find out which terms your business can receive is to submit an application with Krea. An application is non-binding and we do not share your contact details until you have chosen an offer that you want to move forward with.
While you are receiving offers, we help you to compare the total cost of each offer by calculating a "comparable interest rate".
Our recommendation is therefore to create an application to find out exactly what terms you can get.
There are multiple benefits to applying through financing marketplace instead of a corporate bank or individual lender:
- Through a marketplace you can receive offers from different banks which pressures them to give you the best possible terms.
- You are never tied to any lender - if it is no longer beneficial to stay with the same bank you can easily receive offers and switch lender through us.
- We help you to lift your businesses’ strengths in your loan application and make it easy for you to add recent information about your business.
- Finally, you receive a transparent and honest comparison by using our service. We adjust lenders’ fee models to make them comparable and to provide a better overview of the total costs.
Yes, newly founded businesses can apply for business loans.
Since a newly started business has limited historical data we recommend that the application includes the following documents:
Payment remarks do not have to be a hinder for your business to be granted a business loan. A few remarks do not necessarily mean that your business does not have the ability to repay a loan.
Each lender will do an individual assessment of your business repayment capacity, and the offers you receive depends on the type of remarks you received.
Before you make an application with us you can always estimate your business' credit limit lending capacity, completely free of charge and without credit check, through our AI service.
Click here to enter the service.
Limited companies ("aktiebolag"), sole proprietorships ("enskild firma"), general partnerships ("handelsbolag") and limited partnerships ("kommanditbolag") can apply for financing.
Krea exposes more than 30 banks and lenders to competition for business financing. The following actors have the opportunity to give you offers on financing on our platform.
Marginalen Bank, Froda, Svea Bank, Aros Kapital, Capcito, CapIQ, Capitalbox, Corpia, DBT, Euro Finans, Fedelta, FINQR, FundingPartner, Kameo, Leasio Finans AB, Mynt, OPR, Qred, SBL Finans, Svensk Företagsfinansiering och Treyd.
Ikano Bank, A.B.S Global Factoring, Svea Bank, Invoier, Alfa Finans, Billecta, Capcito, CapIQ, Euro Finans, Finansia och FINQR.
Real estate loans
SBP Nordic, Kameo, Svea Bank, Froda, Aros Kapital, Corpia, DBT, Euro Finans, Froda, FundingPartner och IMH Finans.
We cooperate with Nordic Finance and Marginalen Bank, among others.
For larger financing solutions, Krea collaborates with all relevant banks and lenders, including most larger banks, for example Nordea and SEB.
At Krea, you can compare business loans completely free of charge. For every mediated application through Krea, we receive a commission from the lender. This means that there will be no extra cost for you as an applicant, as the lender carries the cost.
To apply for a business loan is non-binding and we do not receive any payments until you have found a business loan and received the payout on your account. We are on your side in the negotiations until your business has found the right loan.
Yes, it is usually possible to repay the whole business loan or parts of the business loan in advance. Usually an early settlement is free of charge, but some lenders charge a small fee.
Information about early settlement conditions will be clearly stated when you receive the business loan offers.
Yes, even though more than 20 banks and lenders are presented with your application only 1 UC credit report will be registered on your business and on any personal guarantor to the loan application.
You may receive multiple letters that inform you that a credit check has been made on you or your business. Despite that, only 1 credit report is registered as Krea is cooperating with the Swedish credit agency (Upplysningscentralen - UC). This ensures that multiple lenders can take part of the same report.
Some lenders retrieve additional information through other institutions (such as CreditSafe or Bisnode), but these do not affect your or your company's creditworthiness with UC.
A credit check is registered on the company you are applying for, as well as for each personal guarantor you state in your application.
If only one credit check is made, the creditworthiness of the guarantor or your company is not affected.
However, if multiple requests are made during a short period, it can affect the guarantor's or company's creditworthiness. Our lenders take part of the same report that was issued by Krea, and do not make their own. This ensures that your business is not negatively affected by multiple credit checks.
Creating an application with us only takes about five minutes. When you create your application, it is sent to the banks and lenders in our network. You will see all the offers on business loans within 1 day.
Once you have found an offer for a business loan that is attractive, you can get in touch with the lender. Depending on the size of the financing and if additional information is needed, the time until the payment is made to your account may differ slightly.
If you have been offered a smaller amount and the lender has received all information they requested, the funds can be disbursed to you within 1-2 days. For larger and more complex financing requests, you will receive the funds within approximately a week.
We recommend you to include as much relevant information as possible when you are creating your application.
The more relevant information that the lenders receive, the more accurate the risk assessment they can make, which facilitates for them to provide the best offers.
Examples of information that is interesting for lenders are:
- Balance sheet and income statement for the last 12 months.
- That you state at least one guarantor. You can state yourself or another person(s).
- Business plan, here you can find a template for creating a business plan.
Yes, applying for financing to buy another company only requires that you meet the basic requirements for receiving a business loan.
Financing a company acquisition can be more complex to assess for banks and lenders. It is therefore of extra importance that you describe your goals and assumptions in, for example, a business plan for the business you intend to buy.
Yes. You can both apply for a loan to buy a property, but also pledge a property as collateral for a business loan.
When you make the application, we will ask you both about the purpose of the business loan but also ask you to fill in the following information during a real estate financing:
- Property designation.
- Market valuation (it is possible to upload a valuation).
- Purchase price.
- Own contribution.