Financing & Insurance
Financing opens doors to new opportunities for your business, while the right insurance reduces costs and ensures growth.
Financing opens doors to new opportunities for your business, while the right insurance reduces costs and ensures growth.
Financing is an opportunity for companies to obtain external capital for investments or working capital.
At TimeFlow, we offer services that mean you don’t have to wait for payment for completed work. We tailor solutions and create freedom of movement for those who want to continue developing their business.
Discover what you've been missing - Financing & Insurance
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Take your business to the next level with business loans.
- For those running their own limited company, there is plenty of help available. You can receive valuable advice from people close to you, support from various authorities, and guidance from colleagues, all of which make it possible for your business to be profitable. Even when things are going well for your company, you're always making important business decisions.
- For those running their own limited company, there is plenty of help available. You can receive valuable advice from people close to you, support from various authorities, and guidance from colleagues, all of which make it possible for your business to be profitable. Even when things are going well for your company, you're always making important business decisions.
Common Business Loans - a flexible loan with favorable terms
Is your company expanding or facing major investments? Regardless of your business’s financial needs, the Business Loan is an advantageous and flexible solution. With the Business Loan, you can borrow from SEK 100,000 up to SEK 5,000,000 for your company. The loan is a traditional business credit with security. This means that either you must act as a personal guarantor for the loan, or provide valuable property or real estate as collateral for the loan. Thanks to the security, which means we as a bank take less risk than with an unsecured business loan, we can offer more favorable terms for your loan. You get a lower interest rate on your business loan than you would get if you chose to take out a comparable credit elsewhere.
How the business loan works
On simple terms, the business loan works like a regular business credit with individual security requirements. You could say that the company’s value and credit rating serve as the security for the loan. Therefore, you don’t need to pledge company shares or any property belonging to the business. If you run a sole proprietorship, you are personally liable for the loan. If, instead, the company is a limited liability company, one of the owners must be a personal guarantor for the loan, meaning the owner’s guarantee. Simply put, the more profitable your business is, the better terms you will receive. The company’s solvency also affects the interest rate you receive. However, we do not judge anyone based on a single factor. For us, it’s important to make an overall assessment where we look at everything concerning your company.
How much does the business loan cost?
The cost of the Business Loan depends on how much you borrow, what amortization rate you choose, and what interest rate you receive. The annual interest rate for the Business Loan starts from 4.15% and is set individually based on your company’s unique circumstances. We always conduct a thorough credit check before approving the loan. During the credit check, we review the company’s business concept, current assets, and previous results. Once the credit check is complete, we will inform you of the interest rate you will receive on your loan.
Plan and pricing
Legal services in business law. Our business lawyers help with both large and small business law matters in most industries. For us, no case is too small or too large. We are flexible and adapt our work according to the nature and scope of the assignment. Common areas of business law include contract law, labor law, company law, and property law. We also assist with tax law matters. Let our lawyers do the work.
- All companies that can present at least one approved financial report can apply for the Business Loan. Your company must be a limited company, partnership, limited partnership, or an economic association.
- The company must be registered in Sweden, and the owners of the company must be residents of the country. In some cases, we also approve applications from companies that have payment remarks if we assess that the companies otherwise meet our requirements and have the potential to succeed. For us, the most important thing is that you have a good business idea and the potential to achieve success with your company in the future. What you’ve done before is of lesser importance.
To apply for a business loan, the following is usually required:
Legal services in business law. Our business lawyers help with both large and small business law matters in most industries. For us, no case is too small or too large. We are flexible and adapt our work according to the nature and scope of the assignment. Common areas of business law include contract law, labor law, company law, and property law. We also assist with tax law matters. Let our lawyers do the work.
- All companies that can present at least one approved financial report can apply for the Business Loan.
- Documentation of the company’s ownership structure.
- Financial reports for the last few years.
- An up-to-date business description
- A budget for the coming or current year.
- Annual accounts (i.e., income statement and balance sheet) for at least one year.
Take control of your company’s growth with our efficient project monitoring service
Who leases?
Leasing is a form of long-term rental where TimeFlow or the underwriter owns the leased object, and you use it. With leasing, you avoid tying up the company’s capital and can use the money for other investments.
Who is leasing suitable for?
Leasing is suitable for business owners who need to finance equipment, such as machinery or office supplies, but don’t want to tie up capital.
What can I lease?
In principle, any tangible asset that can be listed as a company asset and depreciated can be leased. Examples of equipment that can be leased include construction machinery, computer and office equipment such as copiers, graphic design equipment, and more.
How long is a leasing period?
The leasing period can vary between 2-10 years depending on the type of equipment, your preferences, and the expected economic lifespan.
What happens at the end of the leasing period?
At the end of the leasing period, you have the following options: ✓ Continue the leasing agreement with a reduced leasing fee. ✓ Purchase the equipment and take ownership.
What does it cost?
The cost of leasing varies depending on the size of the initial payment and the length of the leasing period.
Business Insurance
Business insurance can be seen as an insurance package consisting of various policies that cover everything from the company’s physical assets to employees and customers. It’s easy to tailor business insurance to the specific risks and needs that are relevant to the particular company. Different types of businesses therefore have very different compositions of insurance in their packages. For cost reasons, it’s important to include what’s essential and exclude what’s not relevant. In this case, you cannot apply for business insurance through our services. We are currently evaluating and revising large parts of our offerings to better help our customers find the right insurance.
About Business Insurance
Having business insurance is not a legal requirement, but it is recommended to protect against accidents that could otherwise lead to significant losses for an uninsured business. Some industries have contractual provisions (i.e., standard agreements within respective industry organizations) that determine what business insurance must cover. This applies to sectors such as trade, construction, services, and various consultancy fields. In other industries, liability insurance is required, including for doctors, lawyers, real estate agents, and insurance brokers.
Let our partner help you find the most suitable insurance for your business.