
The BES-Culture Loan is specifically for entrepreneurs active in the cultural and creative sector in Bonaire.
2% interest on deferral of repayment for its customers
Kralendijk, September 3, 2020 – Due to the situation surrounding the coronavirus, Qredits introduced a 6-month deferral of repayment in March 2020. During this period, customers who applied for it only paid 2% interest. Taking into account the developments surrounding this crisis, Qredits will offer an extension of 6 months with the same 2% interest rate.
Qredits introduced a special arrangement 6 months ago to support its clients in staying afloat during the coronavirus crisis. For these 6 months, customers who applied for the measure paid a reduced interest rate of 2%. A remarkable 80% of Qredits' clients took advantage of this offer.
These figures indicate that Qredits' initiative was positively received by its clients.
Due to the ongoing difficult situation for many entrepreneurs, Qredits has decided to extend the deferral period for another six months. This means that customers who have already used this arrangement earlier this year will automatically receive an additional six-month deferral under the same conditions. The customer does not need to reapply and will only pay 2% interest for the next 6 months. With this action, we aim to continue supporting our customers in overcoming the negative effects of the current crisis period.
If a customer chooses to continue repaying their loan according to their regular repayment schedule, Qredits will arrange this for them. Customers can freely contact Qredits to discuss their preferences regarding the repayment of their loan.