New10 is a Dutch online business financing platform under ABN AMRO Bank. It is not positioned as a payment acquirer or e-wallet, but as a provider of business financing. Its core products include Zakelijke Lening, a one-off business loan, and Zakelijk Krediet, a revolving credit facility with flexible drawdown and repayment. Both products cover financing amounts from β¬20,000 to β¬1,000,000.
The platform emphasizes βfintech speed + bank certainty.β Applications can be completed online, and the site says businesses can receive a non-binding, customized quote within 5 minutes; in some cases, they can find out whether they are eligible to borrow within 15 minutes. Eligibility requirements are relatively clear: the business must be registered with the Dutch Kamer van Koophandel and have been operating for at least 12 months. Eligible business types are limited to eenmanszaak, vof, maatschap, or bv. The company must have minimum revenue of β¬50,000, positive equity, and profitability. Applicants also need to upload 12 months of transaction history from a business account with ABN AMRO, Rabobank, ING, Knab, or ASN Bank. Excluded sectors include financial institutions, commercial real estate, project development, shipping and aviation, political and religious organizations, adult entertainment, tobacco, drugs, and gambling.
The business loan has an annual interest rate of 5.4%-12%, a maximum term of 5 years, linear repayment, and allows early repayment without penalty. It also charges a one-off fee starting from β¬250. The business credit facility uses a floating annual interest rate of 4.4%-6.4%, with interest charged only on the amount drawn. Repaid amounts can be drawn again, and there is also a monthly service fee of 0.1%-0.2% based on the total credit limit. Overall, the fee disclosure is fairly transparent, but the final cost still depends on the companyβs profile, financing amount, and term.
The main advantages are a highly online process, clearly defined product scope, financing limits that cover common SME funding needs, and the added trust of ABN AMRO backing. The drawbacks are that it is clearly focused on Dutch local businesses, has many industry restrictions, and the available information does not show API access, open integration capabilities, or cross-border services. It is suitable for Dutch SMEs that need financing for inventory, working capital, equipment purchases, expansion, or refinancing.
The text does not provide information on access from mainland China, Chinese-language support, or applications from Chinese companies, so china_access can only be assessed as unknown. Chinese businesses looking for similar services should usually prioritize local bank business loans, supply chain finance, online SME lending from MYbank/WeBank, or, after registering and operating locally in Europe, compare New10 with Funding Circle, October, Qeld, and traditional bank business loans.
β This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on new10.com official site.
new10.com is an Netherlands Payments provider. TG4G tracks its product information, an overall rating of 6.0/10, and a China-accessibility score of Limited (proxy recommended). Click "Visit Official Site" to reach new10.com directly.