How does the repayment work?

Froda's business loan is an annuity loan where you can choose between daily and weekly amortization. Annuity means that each repayment is the same size, but the interest portion is higher at the beginning of the loan term, while the amortization portion is smaller. As you repay the loan, the interest portion for each repayment will decrease, while the amortization portion will increase instead. The repayment of your business loan then takes place automatically via direct debit during the loan period.

For loans over 1.5 million SEK, the loan is repaid monthly.

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