Broaden offers a distinct approach to business financing, catering to those seeking quick and straightforward loan solutions. With loan amounts ranging from 5,000 to 75,000 DKK, Broaden serves a wide range of business needs, whether for liquidity boosts, new investments, or other financial necessities.
At the core of Broaden’s offerings is the Short Term Business Loan, characterized by a 0% interest rate, underscoring their commitment to providing cost-effective solutions for businesses. The unique structure of these loans includes a fixed establishment fee, ensuring transparency and predictability in repayments.
Eligibility for a loan with Broaden is straightforward, with a minimal age requirement not specified. The application process is designed for convenience, allowing businesses to apply online in just a few minutes. Broaden evaluates applications rapidly, promising a response within 24 hours on business days, facilitating swift financial decision-making.
Once a loan is approved, the terms are clear: borrowers can adjust the loan’s tenure up to 12 months, providing flexibility to suit different business cycles and needs. Moreover, early repayment is an option, free of additional charges, which aligns with Broaden’s client-centric approach.
Broaden is part of Blue Finance Denmark, a segment of the Blue Finance Group, known for its robust presence in the European financial market. Since its inception in 2011, Blue Finance Group has been at the forefront of incorporating technology to enhance the loan application process, adhering strictly to regulatory standards.