Getting an ordinary bank loan as a Swedish startup or as a new small to midsize company is usually very tricky. If you don’t know any key persons of influence at the bank or have any influential business contacts, your loan application will most likely be declined by the bank. Lack of finance is a rather common problem in Sweden. Many companies complain about having problems getting getting hold of sufficient financial means for expansion and investments, thus hindering the business from growth.
However,in recent times, quite a few new small business loans have been made available in Sweden. Independent loan companies are now trying to fill the demand for business financing. Simultaneously we are seeing an increased interest in alternative financing and crowdfunding primarily aimed at building projects, small companies and entrepreneurs.