Business loans for personally owned small business

A personally owned small business is just like a sole proprietorship owned by only yourself. We have worked with a number of PMVs.

What is a personally owned small business?

There are approximately 28,000 personally owned small businesses in Denmark. A personally owned small business is characterized by the following:

• There is only one owner of the company
• The annual turnover is less than DKK 50,000.
• The company has no employees
• The company does not pay VAT or other taxes

A personally owned small business is ideal for those entrepreneurs who want to run a part-time or part-time job in the form of a business.

As the owner of a personally owned small business, you know how crucial it is to have access to capital when you need it. At Qred Bank, we specialize in helping small businesses with business loans that can support growth, development and stability. Our loans for personally owned small businesses are tailored to the unique needs that small businesses often face — quickly, flexibly and without complicated requirements.

Who can get loans for personally owned small business?

A loan for a personally owned small business with Qred Bank is available to all small business owners who want financial flexibility. We understand that smaller companies have unique challenges and needs, which is why we offer business loans from DKK 10,000 up to DKK 3 million. With flexible maturities and the ability to repay over up to 36 months, our loans give you the freedom to manage your finances on your terms.

Advantages of business loans for small businesses at Qred Bank

1. Quick application and payout: The application process takes only a few minutes and you will receive a response within 24 hours. Upon approval, the money can be in your account on the same day.
2. No binding: We offer loans without binding. This means that you can pay off your loan early at no extra cost.
3. Flexible amounts and maturities: Choose the amount and maturity that best suits your business.

Why Choose Qred Bank for Personal Owned Small Business Loans?

At Qred Bank, we put your business in focus. With transparent terms, simple application process and same-day disbursement, we make it easy to access capital. Our loans for personally owned small businesses help you secure liquidity, invest for growth and achieve your goals.

Do you want more information? Learn more about business loans, and how we have helped over 50,000 small businesses.