Does your business need to grow? Then a business loan could be the solution

Growth often requires capital. Maybe you want to invest in machinery, new staff or larger warehouses? Then a business loan can give you the boost you need – but it's important to choose the right loan for the right purpose.

What is a business loan?
It is a loan specifically for businesses, with different terms depending on the lender. You can often borrow from a few tens of thousands of kronor to several million.

When might it be worth taking out a loan?

• When you know that the investment leads to increased revenue.
• When you have stable cash flows but temporarily need extra liquidity.
• When you want to have control over your growth – instead of bringing in partners.

Consider this before you borrow:

• Compare several lenders – interest rates and terms vary widely.
• Calculate the repayment – can the company make it even if sales go down?
• Review collateral – sometimes a personal guarantee is required.

With the right strategy, a business loan can be a powerful tool for growth.