Froda offers business loans for Worldline customers ranging from SEK 5,000 to SEK 2,000,000. How much your company can borrow depends on factors such as its turnover and credit rating. You may be able to borrow more or less than the amount you applied for.
Growth Finance is a separate financing product offered by Worldline in collaboration with Froda. To manage a Growth Finance loan, you need to log in to Worldline's Merchant Portal.
No, unfortunately, you cannot use Worldline Fixed Finance if you have an active Growth Finance loan.
No, Froda has neither setup fees nor other hidden fees on its business loans. The interest rate is the only cost for the loan.
You can download your agreement under "copies of signed agreements" in the menu when you log in.
No, Froda does not charge any interest rate differential compensation, and it is completely free to repay the loan early. You only pay interest up to the day you settle the loan, the remaining interest cost for the term is written off.
Froda is a Swedish credit market company based in Stockholm that was founded in 2015. By digitizing the process for business loans, we have made it possible to help more companies with tailored financing based on their unique business concept and operations, at market-leading terms. Froda was founded with the ambition to be a responsible lender, with clarity and transparency regarding fees and terms, treating its customers in an honest, fair, and professional manner.
Today, Froda is one of Sweden's fastest-growing fintech companies and has helped more than 50,000 companies grow. In addition to business loans, Froda offers savings accounts for individuals and embedded financing services through Froda Embedded. Froda is a credit institution that has a state deposit guarantee and is under the supervision of the Swedish Financial Supervisory Authority (FI). The founders are active in the company, and behind the company are many well-known investors, such as Karl-Johan Persson (HM), Nicklas Storåkers (Avanza), and Victor Jacobsson (Klarna).