Updated September 28, 2026 · BorrowCue Editorial Team
Nazivnost vs Novo
Nazivnost vs Novo: the differences
| Compare |  Nazivnost |  Novo |
|---|---|---|
| Loan amount | CZK 5,000 to CZK 200,000 | up to $50,000 |
| Arrangement fee | 0.05% per day of the amount drawn for new clients; 1% per day for returning clients; 0.7% or 1% per day on annuity loans; 0.0001% or 2% per day on 1-30 day single-instalment loans | 0 (none: application, origination, servicing fees: None) |
| Funding time | Within minutes of approval, at latest the next day | Instant: funds land in your Novo account instantly, same day as approval |
| Eligibility | Minimum age 18, permanent residence in the Czech Republic, personal bank account at a Czech bank, valid business licence (zivnostenske opravneni) held at least 31 days, no debts | US business owners must hold a Novo business checking account; eligibility builds over about six months of account activity and is based on credit history plus real-time cash flow, final Novo determination |
| Origination fee (%) | 0.05% | 0%Lower |
| Loan types | Business, PaydayCovers more | Business |
| APR | 0.037% to 30,341% | Not confirmed |
| Term | 2 to 12 months | Not confirmed |
| Representative example | Annuity business loan 200,000 Kc over 12 months, 12 monthly instalments of 47,160.93 Kc, RPSN 914.18%, total repayable 565,931.20 Kc | Not confirmed |
| Credit needed | Fair | Not confirmed |
Same on both: Credit check (Hard), Rate type (Fixed), Lender type (Direct lender), Free early repayment (Yes).
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Key differences
- Novo scores higher overall: 9.1 vs 9.0.
- Origination fee (%) is lower at Novo: 0% vs 0.05%.
- Support channels: only Nazivnost offers Phone.
- Features: only Novo offers Credit line.
- Loan types: only Nazivnost offers Payday.
Our verdict on each
Nazivnost
CreditKasa, trading as Nazivnost, lends Czech business owners CZK 5,000 to CZK 200,000 and funds them Within minutes of approval, at latest the next day, which suits owners covering a short working capital gap.
Novo
Novo suits US business owners who already bank with it and can let eligibility build. The line reaches up to $50,000 at a fixed rate, with fees of 0 (none: application, origination, servicing fees: None) across application, origination and servicing, and approved funds land in the Novo account the same day.
Score breakdown
| Area | Nazivnost | Novo |
|---|---|---|
| Cost | 9.3Rates of 0.036% to 30,341% run far above the site median of 12%, and the daily arrangement fee of 0.05% compounds the cost. | 9.4HigherFees of 0 (none: application, origination, servicing fees: None) for application, origination and servicing. |
| Offer | 8.7Higher | 8.5 |
| Trust | 8.8 | 9.2Higher |
Where each is licensed and available
| Country | Nazivnost | Novo |
|---|---|---|
| United States | Not confirmed |
Additional countries for Nazivnost: 1. Additional countries for Novo: 1.
How they place
| Ranking | Nazivnost | Novo |
|---|---|---|
| Business loans | 13 of 435 | 12 of 435 |
Pick Nazivnost if, pick Novo if
Pick Nazivnost if loan types matter most.
Pick Novo if trust and origination fee (%) matter most.
Sources behind this comparison
Nazivnost
- nazivnost.cz: 18 facts, checked September 26, 2026
- ares.gov.cz: 2 facts, checked September 26, 2026
Novo
- novo.co: 14 facts, checked September 26, 2026
Every fact side by side
| Fact | Nazivnost | Novo |
|---|---|---|
| Pricing model | Fixed rate | Fixed rate |
| Features | Same day funding | Same day funding, Credit lineCovers more |
| Legal entity | CreditKasa s.r.o. (IČO 048 23 541) | Novo Platform Inc. |
| Headquarters | Czechia | Not confirmed |
| Founded | 2016 | Not confirmed |
| Support channels | Phone, Email, Help centreCovers more | Email, Help centre |
Where each stands against the rest
| Fact | Nazivnost | Novo | Median |
|---|---|---|---|
| APR | 0.037% to 30,341%lowest quarter | Not confirmed | 8.99 |
| Term | 2 to 12 monthslowest quarter | Not confirmed | 60 |
| Origination fee (%) | 0.05%below the median | 0%below the median | 0.25% |
Median across 1005 listed lenders.
Pros and cons
Nazivnost
Pros
- Speed of funding: money arrives Within minutes of approval, at latest the next day, and same-day funding is a listed feature.
- A direct lender, so the contract runs with CreditKasa s.r.o. (IČO 048 23 541) itself (direct lender).
- Free early repayment, so an early settlement adds nothing to the bill.
Cons
- Rates of 0.036% to 30,341% sit far above the site median of 12%.
- The credit check is hard and the file must be fair.
- Terms run 2 to 12 against a site median of 36, so a large bill has to fit a short schedule.
Novo
Pros
- Fees of 0 (none: application, origination, servicing fees: None) for application, origination and servicing.
- Rate type is fixed and the product is fixed rate, so a budgeted payment holds.
- Free early repayment, so a strong month can clear the balance.
Cons
- Eligibility is reserved for US business owners holding a Novo business checking account.
- A hard credit check sits behind every application, with credit history and real-time cash flow both weighed.
- Support runs on email and help centre only, with no phone route for urgent questions.
Who each suits
Nazivnost
Who it suits
- Sole traders and small business owners in the Czech Republic covering a short gap between invoices, with a fair file.
- Borrowers who expect to settle early, since free early repayment is offered.
- Owners who put speed of funding ahead of the cheapest headline rate.
Who should look elsewhere
- Anyone shopping on the ceiling: Cashspace lists PHP 12 to PHP 36 and Andacredito 0% to 36%, both well under the top of 0.036% to 30,341%.
- Borrowers wanting a gentler top rate, since Creditilia ES at 4% to 289% also stays below the top of 0.036% to 30,341%.
Novo
Who it suits
- US business owners who keep a Novo business checking account and can let eligibility build.
- Owners who need cash the same day as approval and plan to clear the line early.
- Companies that prefer a single direct lender and one banking relationship.
Who should look elsewhere
- Businesses unwilling to open a Novo business checking account, since the account and its activity sit inside eligibility.
- Owners after a personal rather than company product, with Vivus ES at €50 to €1,400 the nearer comparison.
- Borrowers needing less, where Plazo ES at €500 to €5,000 sits closer to the need.
Country by country
| Country | Nazivnost | Novo |
|---|---|---|
| Czechia | Yes | No |
| United States | No | Yes |
Questions about each
Nazivnost
How much can I borrow from Nazivnost?+
Amounts run CZK 5,000 to CZK 200,000 in Czech koruna, with schedules of 2 to 12. The book covers business and payday lending rather than personal loans, so a trade licence and a trading record sit behind the application rather than payslips on their own.
What does it cost to borrow here?+
The rate is 0.036% to 30,341%, a very wide band, and a daily arrangement fee is charged on the amount drawn: 0.05% for new clients, with other daily rates for returning clients, annuity loans and short single-instalment loans. Early repayment is free.
Novo
What is Novo, and who can borrow from it?+
Novo is a direct lender, so it lends from its own balance sheet rather than passing applications to third parties. The legal entity is Novo Platform Inc., and borrowing goes to US business owners who hold a Novo business checking account.
How much can I borrow?+
The line reaches up to $50,000, well above the €1,315.44 median in the business loan comparison. It works as a credit line rather than a single advance, so a company draws what it needs and repays as revenue arrives.