Froda is a Swedish credit market company based in Stockholm, Sweden, founded in 2015. By digitising the business loan process, we have made it possible to help more companies with tailored financing based on their unique business idea and operations, at market-leading terms. Froda was founded with the ambition to be a responsible creditor, with clarity and transparency regarding fees and conditions, treating its customers in an honest, fair and professional manner. Froda offers corporate loans, savings accounts for individuals and embedded financing services.

To be continued.

At the moment, only the customers located in Finland can apply for our business loan solution. We will extend our offerings as soon as possible.

Sole proprietorships, limited companies and partnerships can apply for a business loan.

You must have at least 6 months of transaction data since the first revenue generated transaction of your business. If you have not been using wamo for more than 6 months, we can collect your data from other financial institutions via your consent.

You must have a wamo debit card - virtual or physical - in order to apply for a business loan. The reason behind that is the repayments of your loan will be automatically deducted from your card.

To be continued.

The maximum amount of the loan you can apply for is 100K EUR.

The maximum repayment period is up to 24 months.

The loan amount you are approved for will be transferred to your wamo account of choice within 24 hours.

Repayments of the loan will be automatically performed weekly via wamo cards.

Please visit our partner’s web page.