Repaying Corona bridging credit
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Credit provider Qredits helps entrepreneurs that have been hit by the corona crisis. Qredits offers a bridging credit for existing entrepreneurs as well as entrepreneurs who started their business in the 1st or 2nd quarter of 2020.
The bridging credit is a loan. The amount you repay depends on the amount of the loan. Interest for the Corona bridging credit for existing entrepreneurs is 2% for the 1st year, after that the interest is 5.75%. The interest for the Corona bridging credit for starters is 1.75%.
You can find the total amount of your loan on Mijn Qredits. You need to log in first.
When do you start repaying?
The duration of the bridging credit for existing entrepreneurs is 48 months. You can find the end date of your loan in your credit agreement with Qredits. The first 6 months are a grace period. You can extend the grace period to 12 months. After the 1st year you can repay without penalty.
The duration of the credit for starters is 60 months in principle, but at most it is 72 months. You can find the end date of your loan in your credit agreement with Qredits. The first 12 months are the grace period. You can repay without penalty.
Questions?
For more information on the corona bridging credit you can contact Qredits (in Dutch).