Qonto ES review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Qonto suits Spanish businesses and sole traders that keep a Qonto account and want a fixed rate on a revolving facility. The trade-off is cost: at 19.5% with a hard credit check, it prices above the 12% median across the site, so the flexibility has to earn its place.

Key facts

Best for
A Spanish business wanting a revolving fixed rate line run through its own Qonto account.
APR
19.5% (Source, checked September 26, 2026)
Loan amount
€750 to €1,000,000 (Source, checked September 26, 2026)
Term
1 to 12 months (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Answer within max 48 h, money in the Qonto account within a few days (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Broker (Source, checked September 26, 2026)
Eligibility
PragmaGO loan: registered office in Spain, company registered at least 1 year, 12 months of activity, any legal form or autonomo, minimum 250 EUR monthly turnover, Qonto account required (Source, checked September 26, 2026)
Loan types
Business, Credit-line (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Legal entity
QONTO (Source, checked September 26, 2026)
Headquarters
France (Source, checked September 26, 2026)
Support channels
Chat, Email, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Credit line
Official website
qonto.com

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataWikipediaXTrustpilotLinkedIncapterra.com

Pros and cons

Pros

  • The rate is fixed (fixed), so the cost of drawn credit does not reset with market moves.
  • The facility is a credit line (credit line) as well as a business loan (business and credit line), so one relationship covers a repeating need and a single large draw.
  • Amounts run €750 to €1,000,000, wide enough for an equipment purchase or a payroll bridge.
  • Support runs on chat, email and phone, so help is not confined to email and a help centre.

Cons

  • The rate of 19.5% sits above the 12% median across the site and up in the 24.92% band, which makes it an expensive way to borrow.
  • The credit check is hard (hard) and the bar is good credit (good), so a thin file has no route here.
  • The facility runs 1 to 12, so a drawn balance has to clear inside a short window rather than be spread over years.
  • Qonto works as a broker (broker), so the terms of the credit line sit with a partner lender rather than with the brand you apply through.
Qonto ES

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Who it suits

  • Businesses registered in Spain that already run a Qonto account and need working capital between invoices.
  • Autonomos and companies of any legal form that clear the eligibility bar and want a revolving line rather than a single lump sum.
  • Firms that value a fixed rate (fixed) on short drawn balances more than the lowest headline number.

Who should look elsewhere

  • Businesses chasing the lowest rate: Plazo ES lists 24.19% against Qonto's 19.5%, and that gap is worth pricing first.
  • Anyone without a Qonto account or a registered office in Spain, because eligibility needs both, so Cashspace is the other listed name to check.
  • Borrowers with a thin credit file, since the check is hard (hard) and the bar is good credit (good), so Vivus ES is worth checking for a softer route.

Application and funding speed

Qonto states a short waiting period for an answer and a few days for the money to land in the Qonto account, so this is a planned draw rather than a same-day transfer. The size of the line is generous relative to most business borrowing: amounts run €750 to €1,000,000, which covers a small working capital gap or a much larger purchase. The other constraint is the clock. The facility runs 1 to 12, so anything drawn has to clear quickly, which fits money that cycles through stock, payroll and invoices rather than a long project that pays back slowly. Read the pair together before applying: the size is generous, the window is not.

How it compares on our data

On the size of the credit, Qonto ranks 357 of 685 brands in this data set. On the rate, it ranks 248 of 350. Read together, the two figures put Qonto in the middle of the field on both size and rate rather than at an extreme on either. There is no standout advantage here, and no clear outlier to avoid. These are comparisons between brands on the same published fields, not between individual offers, so they tell you where the numbers sit rather than what a given business would be offered.

How your money is protected

Qonto is listed as a broker (broker), so the credit line itself is arranged with a partner lender rather than by Qonto. The brand sits under a Spanish licence from Banco de Espana, 16958, and a French registration with ACPR, 16958, with the French register entry recorded as PSD_PI FR_ACPR!68677. Because the borrowing side is a broker arrangement, the terms covering the account and the terms covering the credit line are set out in two separate places. Check both before you sign, and treat the partner named in your credit agreement as the party you actually owe.

Who regulates the lender

In Spain the entry with Banco de Espana reads 16958. In France the entry with ACPR reads 16958, and the French register record is PSD_PI FR_ACPR!68677. Qonto is a broker (broker) rather than the lender of record for the credit line, which means the regulated party behind your borrowing agreement is the partner named in that contract. The licence held by the brand you apply through is not automatically the licence the money is governed by, so read the lender's name on the offer and look that up before you sign.

The company behind it

The contracting entity is listed as QONTO with its head office in France. Support runs on chat, email and phone, so a phone line and chat sit alongside email and a help centre rather than being limited to written contact. The registration numbers to quote if you want to check the entity are the Spanish licence 16958 and the French entries 16958 and PSD_PI FR_ACPR!68677. One caution fits this section: the business account and the credit line are not the same product, so the contact and terms you check for one may not be the ones that apply to the other.

How Qonto ES compares

Where Qonto ES is available

Available
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
Licence in Spain
Banco de Espana (16958), checked September 26, 2026
Licence in France
ACPR (16958), checked September 26, 2026
Licence in France
FR_ACPR (PSD_PI FR_ACPR!68677), checked September 26, 2026, also valid in Austria, Belgium, Germany, Spain, France, Ireland, Italy, Luxembourg, Netherlands, Poland, Portugal

Countries from the brand (Source, checked September 29, 2026)

Frequently asked questions

What rate do I pay on this business line?+

The listed rate is 19.5%, which sits above the 12% median across the site and up in the 24.92% band. Because the deal runs through a broker (broker), the partner lender's own pricing is what ends up on your offer, so treat the published figure as the number to test against other quotes.

Is the rate fixed, or can it change?+

It is fixed (fixed), and the pricing model is a fixed rate one (fixed rate). That is the commonest structure here, with 80.5% of the brands on the site pricing this way, so the rate you agree holds for the life of the drawn credit rather than resetting at renewal.

How much can I borrow?+

Amounts run €750 to €1,000,000, so the line covers a small working capital gap or a much larger purchase. It is structured as a credit line (credit line) and a business loan (business and credit line), which means you draw what you need and repay it rather than taking a single fixed slice and living with it.

How long do I have to clear a drawn balance?+

The facility runs 1 to 12, which is much shorter than the 42 median term across business loans in this data. A revolving line with a short window suits money that comes back through quickly, such as stock or invoiced sales, rather than a project that pays back over a long period.

What credit check do I need to pass?+

The check is hard (hard) and the credit bar is set at good (good). A hard check means a full file review, and on this site 72.7% of the brands run one, with only 20.4% using a softer prequalification, so thin files will struggle here.

Who regulates Qonto, and what covers the money?+

Qonto is listed as a broker (broker), and the registrations on record are 16958 with Banco de Espana in Spain and 16958 with ACPR in France, with the French register entry PSD_PI FR_ACPR!68677. Read the terms for the account and for the credit line separately, since they run through different arrangements.

Can my business qualify?+

Eligibility is business only (business and credit line) and specific: a registered office in Spain, a company registered for some time, a record of activity, any legal form or autonomo status, a minimum monthly turnover, and a Qonto account. Companies outside Spain or without that account are outside the criteria.

How quickly does the money arrive?+

Qonto states a short waiting period for an answer and a few days for the money to reach the Qonto account. That is not same-day funding, and only 82.9% of the brands on the site claim that. Plan cash flow around a short delay rather than an instant transfer.

How do I get help once the line is open?+

Support runs on chat, email and phone, so you can phone, use chat, email or work through the help centre. The contracting entity is listed as QONTO with its head office in France, and the Spanish licence is 16958, which is the number to quote when you contact them.

Sources

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee, Representative example.

Qonto ES

Qonto ES

A Spanish business wanting a revolving fixed rate line run through its own Qonto account.

8.6/10Visit

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