Digital marketplace that provides loans and investment opportunities for private individuals

Brocc is a digital marketplace that provides loans and investment opportunities for private individuals. It is possible both to apply for unsecured loans from SEK 10,000 up to SEK 350,000 for a term of 6 months up to 10 years, and that you can invest as a private individual, self-employed or organization and thereby lend their own money to the customers. The modernized kind of loans between private individuals is also called P2P . The advantage is that there is no intermediary in the same way as the bank and thereby reduces the costs for both parties. It is also you yourself who choose how you want to invest your investment / loan depending on how your finances look.

Brocc, private loans SEK 10,000 – SEK 350,000:

  • Borrow or invest to Swedish private individuals
  • Clear conditions and longer prices
  • Only fixed rate
  • Loan protection for private loans

Brocc provides a very safe and flexible service that is based on the customers’ terms. Instead of having the bank draw interest and associated costs for holding an account or card, you save a lot through a P2P opportunity.
You can halve the cost of a loan if you choose to collect your current debt through a collective loan. Brocc also offers loan protection that comes into effect on illness or unemployment, which ensures the economy for all parties. For those who want to invest, both regular and one-time investments are allowed.

Invest capital with preferential interest

You always lend out the invested money to at least 40 people, which gives a maximum of 2.5% of your equity per loan. Spreading the money in this way reduces the risk of being governed by another person’s repayment ability. Brocc manages all the administrative work for you, this also includes the collection of payments from the borrowers, after which you do not have to spend more time than necessary on the investments.

You own the loan units altogether and can change your investment choices at any time and switch between reinvesting, “interest-paying” or “paying out”, which you can easily do by logging on ‘On my pages’. If desired, it is also possible to have more than one account with different investment profiles. When your invested money is not lent, they are separated on a client media account at Handelsbanken.

Start investing / Apply for a loan

Start investing / Apply for a loan via Brocc

Applying for a loan takes no more than 2 minutes and takes place directly on the website. Fill in the information requested in the form and verify by logging in with BankID. It is possible to have a co-applicant, which generally increases the chances of becoming an approved application amount.

For those who want to invest, fill in a separate form on the page. Click in if it is a company or private person and then create an account with Brocc. The whole process goes fast and takes place online.

Payment and credit check

Payment and credit check

Brocc takes a credit report via the UC center and makes an individual assessment of all applicants. Only you with good creditworthiness, stable income and no payment remarks are approved a loan. When applying for a loan online, a preliminary answer is given within a few minutes, in order to ensure that the credit report is approved and that the loan can be paid out, however, one has to wait for a confirmation email. From signing (and supplemented with any ID documents) and accepting the agreement, it takes 1-2 banking days until the money is in the bank account.

‣ No credit report is taken on the person who wants to invest, instead you need to answer some control questions when creating an account. Subsequently, a PEP-control (Person in political position) is also made when separate rules apply to investment.
For those who want to invest it is also required that they are a customer of a Swedish bank.

Interest and costs

Interest and any costs may vary slightly depending on how creditworthy you are. Ongoing loans, employment and ownership weigh in together with the desired loan amount and maturity. Interest rate spreads are between 3.25 – 24.99%, the loan is an annuity loan, which means that you pay a fixed amount every month via direct debit. Instead, investors pay a service charge of 1.8% covering all administrative work (2% if you wish to sell). The application for a loan via Brocc is free and non-binding.


Private loan

Cashbuddy is the lender who offers clear and simple solutions when you are in need of a smaller private loan. They review your future ability to pay, which means that payment notes are not a problem to be granted a loan of between 5000 and 25,000 SEK. If you manage your repayments on an ongoing basis, there is also a good chance of increasing the loan to a total of SEK 45,000. The maturity is between 1 and 5 years with a fixed interest rate which is the same for all customers.

Cashbuddy blank loans, SEK 5000 – SEK 25,000:

  • Private loans with fixed costs
  • Loan despite payment remarks
  • Long term, up to 5 years
  • Chance of increased loans up to SEK 45,000

Payment and credit check

Processing takes place on an ongoing basis during weekdays between 08 – 17 (it is possible to submit your application 24 hours a day). To speed up the process, you can sign directly with BankID or e-identification. In some cases, the application may need to be supplemented with documents, otherwise payment will be made within 1-3 banking days – to all Swedish banks – from the time of approval.

Cashbuddy makes a credit check through UC on all customers. However, past debts and payment remarks are not a problem, but Cashbuddy primarily looks at your current financial situation. In order to be approved, it is necessary to have a fixed income in the form of a pension, temporary unemployment insurance or work.

Interest and costs

Interest and costs at Cashbuddy

The only cost that is added when a loan has been granted with Cashbuddy is the nominal annual interest rate of 26.05%, which means that the effective annual interest rate will be 29.4% independent amount or maturity. All costs are fixed so you know exactly how much you need to repay each month. Refunds are automatically made via direct debit on the 27th of each month, so that you also avoid avia tax. Monthly fee, set-up fee and delay fee are SEK 0 each. Everyone is entitled to 2 months free of charge per year, only after they have been repaid for at least 4 months.