You can always repay early, and in most cases this can even be done without a penalty. The lender determines the specific conditions for this. To be sure, check with the lender providing the offer if you have any doubts.

Lenders assess applicants for business loans. They estimate the risk involved and look at factors such as the future outlook: will there be enough available cash flow to repay the loan?

Tip: if you as an entrepreneur can personally guarantee the loan, this reduces the lender’s risk, especially alongside strong balance sheet and profit-and-loss figures.

Creddo costs you nothing as long as you do not take out a loan through our mediation with a lender in our network.

Only when you actually secure a loan with our assistance do we charge a fee. This fee is a success fee, calculated in three tiers. You only pay the percentage that applies to the portion of the loan amount within each tier.

In short:

• 2% on the first €50,000
• 1.5% on the amount between €50,001 and €100,000
• 1% on any amount above €100,000

Each tier is calculated separately, so you never pay more than the applicable amount for each bracket.

There is also a premium service available.
This includes additional services such as faster processing of your application and personal support from an account manager. However, this is optional and you only pay for it if you consciously choose it. See the general terms and conditions for more information.

In most cases, lenders provide an offer within one business day. How long it takes for the money to appear in your business account depends on the type of loan and the further processing by the bank or other lender.

Lenders provide the most competitive offer possible based on your application details. Important factors to consider include the loan amount, repayment period, monthly costs, and interest rate. Comparing these aspects gives you a good understanding of which offers are the most favorable.

In principle, any entrepreneur (including startups and self-employed individuals/freelancers) can apply for business financing through Creddo. We compare loans from banks and lenders for companies registered with the Chamber of Commerce (KVK).

No, an application through Creddo is non-binding. You only enter into the actual business loan agreement once you accept one of the detailed offers.

The lender determines the interest rate and repayment terms your company will pay. This is based on the assessed risk, which depends on factors such as financial statements, your business plan, and repayment forecast. You can also request an offer without financial statements. Compare different offers to choose, for example, the lowest interest rate and monthly costs.

Yes, startups can also apply for loans and compare business financing options. We recommend preparing a business plan and a financial forecast. Including a repayment plan will maximize your chances of success.