Traditional lenders such as banks and credit institutions lend directly to borrowers, check their creditworthiness, and bear the repayment risk. Well-known direct lenders include, for example, UBS, Cembra, and Raiffeisen.

Credit brokers act as middlemen and offer access to a large number of loan offers, which leads to better conditions. Well-known intermediaries include PostFinance and Miro. Using a credit broker is the cheapest and most efficient option, as they have extensive market overviews and relationships. The Kredite Schweiz team works with the best loan brokers in Switzerland.

P2P providers connect borrowers directly with private investors. Among the best-known are Lend, Cashare, CG24 Group, and Swisspeers.

Who are the lenders in Switzerland?

There are many lenders in Switzerland, which can be divided into three main categories: traditional lenders, credit intermediaries, and peer-to-peer (P2P) providers. Each of these categories has its own features and benefits to suit the different circumstances of borrowers. In addition, there are insurance companies that also conclude credit transactions, such as Swiss Life and AXA.

Who should you apply to for a loan?

Applying through a credit broker makes the most sense, as credit brokers have a comprehensive overview of the market and offer access to a wide range of credit offers. By working with several financial institutions, loan brokers can negotiate the best conditions and interest rates for the borrower.

Using a credit broker is the cheapest and most time-saving way to find a loan. Our team at Kredite Schweiz works with the best credit brokers for personal loans in Switzerland. You can request a free quote on our homepage.

Direct lenders

Direct lenders are banks or other financial institutions that lend money directly to the borrower. They check the creditworthiness of applicants, set interest rates, and take care of loan repayments. Lenders bear the risk that the borrower may not repay, so they often have strict criteria.

Below are the best-known direct lenders in Switzerland.

UBS
Cembra
Raiffeisen
Migros
Zurich Cantonal Bank (ZKB)
Credit Now
Bob Finance
Cornèr Bank
Good finance
RCI Finance SA
TP24 (Tradeplus24)
Alternative Bank Switzerland (ABS)

The other cantonal banks, such as BCGE (Geneva Cantonal Bank) or WKB (Valais Cantonal Bank), also issue loans. As these are smaller than ZKB (Zürcher Kantonalbank), they are not discussed further here. The SNB (Swiss National Bank) is also not included, as it is less relevant for private individuals.

1. UBS

UBS Group AG is a multinational investment bank and financial services company based in Zurich. It offers financial advice and solutions for private, institutional, and corporate clients. UBS specializes in global wealth management, personal and corporate banking, asset management, and investment banking. It also offers mortgages and securities-based, structured credit solutions.

2. Cembra

Cembra Money Bank AG is a Swiss credit bank formerly known as GE Money Bank. It is a leading Swiss provider of financing solutions and specializes in consumer loans, vehicle financing, credit cards, and savings products. It is independent and listed on the SIX Swiss Exchange.

3. Raiffeisen

Raiffeisen Group is Switzerland’s third-largest banking group and focuses mainly on retail banking. It offers a wide range of loans, including mortgages, consumer loans, and business loans.

4. Migros Bank

Migros Bank AG is a Swiss bank and part of the Migros Group. It specializes in mortgages and construction financing but also offers personal and business loans.

5. Zurich Cantonal Bank (Zürcher Kantonalbank, ZKB)

Zurich Cantonal Bank (ZKB) is the largest cantonal bank in Switzerland and belongs to the canton of Zurich. It offers comprehensive banking services, including personal and business loans, mortgages and asset management.

6. Bank-now

Bank-now AG is a subsidiary of Credit Suisse and offers specialized financial services such as consumer loans and vehicle financing. The CREDIT-now brand is used by Bank-now AG to market its credit products.

7. Bob Finance

Bob Finance is a subsidiary of the Valora Group and specializes in providing financing solutions for private customers. The company offers simple and fast online lending.

8. Cornèr Bank

Cornèr Bank AG is a Swiss private bank offering comprehensive banking services including asset management, investment banking and lending. It is aimed at private and institutional clients.

9. Good Finance

Good Finance AG is the representative of the German SWK Bank in Switzerland and specializes in providing alternative financing solutions for private and business clients. They offer customized financing options with a focus on flexibility and speed.

10. RCI Finance SA

RCI Finance SA is a subsidiary of the Renault Group and specializes in providing finance and leasing solutions for customers of the Renault and Nissan brands. The company mainly offers car loans and leasing services.

11. TP24 (Tradeplus24)

TP24 is a Swiss FinTech company that focuses on providing working capital loans for small and medium-sized enterprises (SMEs). The company grants corporate loans ranging from CHF 100,000 to CHF 3,000,000.

12. Alternative Bank Switzerland (ABS)

Alternative Bank Switzerland (ABS) specializes in financing sustainable and social enterprises. The company’s focus is not exclusively on profit but also on promoting environmental protection.

Credit intermediaries

Credit brokers act as intermediaries between borrowers and lenders. They help applicants find the best loan for their needs by comparing different offers and selecting the best one. In Switzerland, reputable credit brokers are free of charge for the customer.

Below are the best-known credit brokers in Switzerland.

PostFinance
Miro
Mutuo
Vella
Cashgate
Budget

1. PostFinance

PostFinance is a fully integrated subsidiary of Swiss Post and offers personal loans in cooperation with Bob Finance. They specialize in consumer loans for individual needs such as further education, relocations, or car purchases, with loan amounts from CHF 1,000 to CHF 80,000 and terms of 6 to 84 months.

2. Miro

Miro Kredit AG, founded in 1978, is a family-run company and one of the leading online credit providers in Switzerland. They offer customized personal loans of up to CHF 500,000 with flexible terms of 12 to 120 months and effective interest rates between 4.5% and 11.95%.

3. Mutuo

Mutuo AG is a Swiss credit broker that specializes in providing personal loans. They offer fast and uncomplicated credit solutions for consumers with fair conditions and transparent processes.

4. Vella

Vella Kredit offers individual credit solutions for private individuals in Switzerland. They are characterized by fast processing times and flexible credit conditions.

5. Cashgate

Cashgate is a Cembra Money Bank brand that specializes in consumer financing. They offer personal loans, car financing, and leasing services. Cashgate is known for its quick and easy online loan processes with flexible terms and fair interest rates.

6. Budget

Budget Credit is a personal loan broker that specializes in providing affordable and flexible credit solutions for individuals. They offer simple and transparent loan terms.

P2P provider

P2P (peer-to-peer) providers directly bring together borrowers with private investors. The platforms enable people to obtain loans without having to go to a traditional bank. Borrowers of peer-to-peer loans post their requests online, and investors can decide whether they want to finance part of the loan.

Below are the best-known P2P providers in Switzerland.

Lend
Cashare
CG24 Group (CreditGate 24)
Crowd4Cash (Crowd Solutions AG)
Lendora
Swisspeers
Invesdor
Splendit
Creditworld
Creditfolio

1. Lend

Lend is a well-known crowdlending provider in Switzerland that specializes in personal and corporate loans. The platform offers loans without a bank, which enables lower interest rates for borrowers and higher returns for investors. The loans are granted entirely online.

2. Cashare

Cashare is the first crowdlending platform in Switzerland and offers both personal and corporate loans. The platform enables peer-to-peer loans and focuses on transparent conditions and attractive interest rates for all participants.

3. CG24 Group (CreditGate 24)

The CG24 Group specializes in crowdlending and offers loans for private individuals and small and medium-sized enterprises (SMEs). The platform enables investors to invest directly in credit projects and thus create better conditions for borrowers.

4. Crowd4Cash (Crowd Solutions AG)

Crowd4Cash offers crowdlending services for private individuals and companies. The platform promotes direct investments by private investors in credit projects and offers flexible terms and attractive interest rates.

5. Lendora

Lendora is a crowdlending platform that specializes in personal loans. The platform offers borrowers the opportunity to take out loans at attractive conditions by connecting them directly with private investors.

6. Swisspeers

Swisspeers offers crowdlending services for companies and enables investors to invest directly in SME loan projects. The platform focuses on supporting Swiss SMEs through flexible and transparent lending options.

7. Invesdor

Invesdor offers a crowdfunding and crowdlending platform that helps companies raise capital from private investors. The company focuses on corporate loans and equity financing for growth-oriented companies.

8. Splendit

Splendit is a crowdlending platform that specializes in educational loans. Students can take out loans here at favorable conditions to cover their education costs.

9. Creditworld

Creditworld offers crowdlending services for business loans. The platform enables institutional and private investors to invest in corporate lending projects and thus create an alternative source of financing for companies.

10. Creditfolio

Creditfolio specializes in the P2P brokerage of personal loans. The platform connects borrowers directly with investors and offers customized loan solutions at competitive conditions.

How do you find the right lender?

Finding the perfect lender is extremely difficult for private individuals. Each lender has different requirements for the borrower’s risk profile and adjusts the interest rates accordingly. You need to know each lender in detail in order to know which one would offer you the best conditions. It is, therefore, advisable to hire professionals and use a professional loan broker. You can request free, non-binding offers on the Kredite Schweiz homepage. If you still want to choose a lender on your own, it is best to read detailed analyses of the relevant providers and be sure to check out a few genuine reviews.

Article 35 of the Federal Consumer Credit Act states that customers may not be charged a separate brokerage fee, which is why the brokerage is always free (or already part of the total costs) for customers.

Swiss lenders: Extended loan comparison 2024

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