What is the shortest and longest term for a loan with you?
The longest repayment period with our lenders is 5 years (60 months). Most proposals from our lenders come without a fixed term, meaning you can repay the loan earlier if you wish, and usually, there are no additional costs for doing so. This means that it is often better to apply for the maximum repayment period to get the lowest possible monthly payment during the loan term.
The shortest term for business loans that you can apply for financing with Krea is 9 months. In practice, you can also apply for a shorter term, but since the loan has no fixed term, there is usually no need to take a loan for less than 9 months.