What is a lending company?

A lending company is either a credit company or a bank that has been approved by the Swedish Financial Supervisory Authority to conduct lending activities. It can be anything from credit companies, major banks to niche banks. All companies or businesses that lend money for interest are lending companies.

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Froda is a lending company that offers fully digital business loans tailored to the needs of small and medium-sized companies. By digitizing the process, we can not only simplify the application process for you, but we can also significantly shorten the process from application to disbursement. When you apply for a business loan with Froda, you will receive a response within 24 hours and the loan will be paid out by the next banking day at the latest.

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Find out how Froda can help you and your company grow by applying here.