Interest


There is interest charged to your start-up loan.


Market conformed interest will be charged on your starter’s credit. The interest on a Qredits’ loan is internally determined monthly based upon the current market interest rate. We periodically check the current rate of (unsecured) starter’s loans at the banks. In this way, we are confident that our interest rate conforms to the market.

The interest on the loan is fixed throughout the term of the loan. The current rate is fixed from 9.75% per year *.

 * This rate can not be legally binding; rights to change interest rates are reserved by Qredits

Qredits expects to close the starter credit costs for the screening of the business plan and the administration of the products offered. The cost of coaching are not subject to acquisition costs.

 

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