Business loan customised to your needs

What is a business loan suited for?

• Modernisation of machinery
• Expansion of business premises
• Development, expansion or renewal of business operations
• Other investments necessary for the business

With a business loan you can make large investments that you would not necessarily make without finance. In fact, a company may rely for its very existence on an investment if, for example, it has lost competitiveness and is being left behind by the other actors in its sector due to its outdated machinery. However, companies should also invest when their business is on the right track.

How much corporate loan can my company take out?

The future and liquidity of your business are the main justifications for a financial decision. The terms and conditions are adjusted to their current financial standing, solvency and any other needs. This means that while granting a loan we customise it to your company’s particular situation. The loan negotiations will provide a mutual understanding of the loan period, repayment method, payment holidays and any other loan terms and conditions. Our common objective is a business loan which we as a bank and you as an entrepreneur can be satisfied with.

Our loan calculator is a handy tool when planning the business loan amount to apply for. Please keep in mind that we will be happy to help you find the optimal financing solution for your company!

What are the requirements for a business loan?

The future and liquidity of your business are the main justifications for a financial decision. In your loan negotiation with us, we will need to determine the security for the loan. There are different types of collateral you can use to back your business loan, including:

• business assets
• personal assets 
• a guarantee from a third party such as Finnvera
  

Read more about what kind of security would suit your business loan.

How to apply for a business loan?

As a Nordea customer, you may apply for a business loan up to 500.000 euros from Nordea Business online bank. You can also apply for a business loan easily on a finance application form at nordea.fi. 

Remember to send us the required appendices through Omaposti. We will not be able to process your loan application with the appendices, so please check that you can provide us with the following information: 

• Information about your company’s ownership structure
• Financial statements (total profit and balance sheet) or the operating income from last year
• Your company’s description and budget for next year
• Business plan (new company)