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Investment Loan

A loan to stand strong again after COVID-19 pandemic

Requesting Investment Loan

What is Investment Loan

An Investment Loan is a loan for existing businesses affected by the COVID-19 pandemic in Aruba. By partnering with the government, the Ministry of Economic Affairs, Communications and Sustainable Development, we are able to provide loans with a reduced interest rate with the goal of bringing businesses back to strength and stability.

Please note that the business must have started before March 2019 to be eligible for this loan.

Apply for your Investment Loan
  • Amount: maximum AWG 50,000
  • Duration: 4 years
  • Interest rate Investment loan: 5,75%%
  • One-time treatment cost of AWG 500 to AWG 1,000 (hangt af van kredietbedrag)
  • Payment: fixed monthly amount for interest and repayment
  • Repayment-free period of 3 months
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Investment Loan

The Investment Loan is a business loan for existing entrepreneurs affected during the COVID-19 pandemic up to a maximum of Afl. AWG 50,000. You can use this loan for a variety of things. such as buying equipment or as working capital. You pay a fixed monthly amount for interest and repayment.

The term of the loan is 4 years with a 3-month grace period. We make sure it's affordable and clear for you, so you can get busy with your business.

With the Investment Loan, you can get back to business!

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How does an Investment Loan application work?

To assess your request properly and promptly, we require a number of documents. Make sure you have these documents readily available for submission.

For startups:

For existing entrepreneurs:

  • Description of the business activities and the market;
  • Extract from the Chamber of Commerce in Aruba;
  • Investment budget with explanation;
  • Final annual figures from the last 2 years from the accountant;
  • Interim figures for the current year (from your own administration);
  • Operating budget;
  • Liquidity forecast.

In a personal conversation, we will discuss your plans, situation, and possibilities further. Furthermore, we will inform you of the next steps to be taken in order to finalize the loan application process. 

We will review if the application is complete. If anything is missing, you will receive a message from us.

If the application is complete, a business advisor from Qredits will schedule a personal meeting with you.

Apply for a loan. Once your application is received, we will get started!

After meeting with our business advisors, a final assessment of your application will be made by reviewing all (updated) documents provided. Ultimately, your loan application will then be submitted to our risk managers and your advisor will inform you of the final evaluation of your loan application.

View the entire process from application to repayment
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How much Investment Loan can I borrow?

Enter the loan and set the term to 4 years and get an instant indication of your monthly amount.

Questions about applying for an Investment Loan

Qredits does not standardly ask for a deposit. Depending on the overall risk assessment of the business plan, the entrepreneur may be asked if someone could stand as a guarantor for the loan. A guarantor generally increases the chances of obtaining the financing. 

No, in many cases no collateral is needed to qualify for a loan at Qredits. In certain situations, the business advisor may deem it necessary.

Yes, in principle there is no need for your own contribution to qualify for a loan at Qredits. However, it can strengthen your position. We would like to have a conversation to see if you qualify for a loan. We always look at the entrepreneur when providing business credit.

With a total financing requirement of up to AWG 200,000*, you may be eligible for a business loan from Qredits, provided any existing financing is not too high. The documents required depend on whether you are starting a new business or expanding an existing one.

No, this is not necessarily required, but depends on your business plan and investment budget. We will assess each application to determine the extent to which the overall risk is acceptable to provide funding without your own contribution. Generally, own contribution increases the likelihood of obtaining financing.

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More than a loan

Together the best for your business thanks to:

  • Financial resources for the continuity or and growth of your business;
  • Individually tailored advice;
  • Visit to your business to discuss your application together;
  • The reduced interest rate made possible by the interest subsidy from the government of Aruba

FAQ for startups, loan limits and financing options

You cannot apply for credit in the form of a current account at Qredits. We only provide business loans up to  AWG 200,000*.

Yes, when starting a business, having a good business plan is essential when evaluating your application. Qredits offers several tools for writing a business plan. For example, you can use the free template business plan. You can also get started with our e-learning Business Plan Writing. 

Normally, within 14 days after an interview with a business advisor an update is given on the finalization of your loan application. The duration of the loan application primarily depends on the promptness of the requested documents. Upon approval, the necessary deeds are drawn up and sent. Upon receipt of the signed deeds, the credit will be transferred to your business account within 10 business days.

Coaching is highly recommended when taking out a loan. The goal of the business coach is to help you succeed in your business. 

Together, we will look at what you need and where your needs lie.

If your amount requirement exceeds AWG 200,000*, it is important that you first secure the additional loan amount needed from, for example, a bank. 

In the case of combination financing, it is important that the financing from the bank is approved first. Then you can submit an application to Qredits. 

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Questions or need help?

Having issues or questions? We will help you! Also for advice on which loan, training or coaching best suits your situation. Please contact us. 

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