Sbp Kredit Ab
SBP Kredit AB is a Stockholm-based, publicly listed Swedish Alternative Investment Fund (AIF) that provides secured real estate construction, property, apartment, and land loans to property developers across Sweden, with fund units traded daily on NGM Nordic AIF.
- Company typePublic
- Founded2016
- HeadquartersStockholm, Sweden
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Sbp Kredit Ab does
SBP Kredit AB (publ) is a Stockholm-based, publicly listed Swedish Alternative Investment Fund (AIF) founded in 2016 that provides secured real estate financing to property developers across Sweden. The company operates as a credit fund whose fund units trade daily on the Nordic AIF segment of Nordic Growth Market (NGM) under ISIN SE0014782827 (Series A) and ISIN SE0018015505 (Series B), offering investors exposure to a diversified secured Swedish real estate credit portfolio targeting 6-8% annual returns. As of May 2026, the outstanding credit portfolio stood at approximately SEK 1,684 million across 70 credits with a NAV of 102.64%.
The company offers four core lending products: byggkreditiv (construction credit disbursed against a staged drawdown plan), fastighetslån (property loans for acquisitions, refinances, and portfolio financing), lägenhetsfinansiering (apartment financing for new production and conversions), and markfinansiering (land financing for pre-development acquisitions). Loans typically start from SEK 10 million with loan-to-value ratios up to 75% and terms of 12-60 months, secured by Swedish mortgage deeds (pantbrev). Credit decisions are made by a weekly credit committee and construction progress is monitored by external inspectors. The go-to-market is direct-to-developer, supported by a ~17-person team in Stockholm whose account managers originate deals through industry relationships and inbound from the sbpkredit.se website.
SBP Kredit monetizes primarily through net interest income on its loan book, supplemented by management economics on its AIF structure and proceeds from secured debt issuances. The June 2026 issuance of SEK 750 million Secured Loan Notes under a SEK 3 billion framework, led by Nordea and DNB Carnegie, refinanced the prior SEK 1 billion Series B green debenture program. Founders, board, and management have co-invested over SEK 400 million in the fund on identical terms to external investors, providing alignment with unit holders. Since inception the company has approved 400+ loans exceeding SEK 7 billion across more than 100 Swedish municipalities, with no confirmed credit losses reported.
Sbp Kredit Ab firmographics
Firmographics- Name
- Sbp Kredit Ab
- Legal name
- SBP Kredit AB
- Website
- https://sbpkredit.se
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SBP Kredit AB is a Stockholm-based, publicly listed Swedish Alternative Investment Fund (AIF) that provides secured real estate construction, property, apartment, and land loans to property developers across Sweden, with fund units traded daily on NGM Nordic AIF.
- Ownership category
- akta.pro rank
Sbp Kredit Ab industry classification
Industry- Product category
- Alternative Investment Fund / Real Estate Lending
- NAICS
- Real Estate Credit (522292), Open-End Investment Funds (525910), Open-End Investment Funds (52591)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Short-Term Business Credit Institutions (6153), Asset-Backed Securities (6189)
- akta.pro primary industry
- Real Estate Private Credit (CRE Debt) (FSANADAG)
- akta.pro secondary industries
- Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH), SME Commercial Real Estate (CRE) Lending (FSABABAG), Asset-Based Lending (ABL) (FSANADAD)
Keywords
Where Sbp Kredit Ab is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Sbp Kredit Ab business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Interest Income from Real Estate Lending: SBP Kredit generates revenue primarily through interest income on their secured loans to property developers. They provide construction credits (byggnadskreditiv), property loans (fastighetslån), apartment financing (lägenhetsfinansiering), and land financing (markfinansiering). Loans are secured by mortgages (pantbrev) in Swedish real estate with loan-to-value ratios up to 75% and loan amounts starting from SEK 10 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Real Estate Loans - Tailored financing solutions for property developers |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Sbp Kredit Ab product offering
Product offeringCore offering
SBP Kredit AB operates as a publicly listed Swedish alternative investment fund (AIF) on Nordic Growth Market (NGM) that provides secured real estate financing to property developers across Sweden. The company offers four primary lending products: byggkreditiv (construction credits), fastighetslån (property loans), lägenhetsfinansiering (apartment financing), and markfinansiering (land financing). All loans are secured by Swedish real estate mortgages (pantbrev) with loan-to-value ratios up to 75%, minimum loan amounts of SEK 10 million, and terms of 12-60 months.
Product overview
SBP Kredit AB is a listed alternative investment fund (AIF) on the Nordic AIF market at NGM in Stockholm that operates as a credit fund providing secured real estate financing in Sweden. The core offering is the SBP Kredit Fond (Andelsklass A), supplemented by four primary financing products: Byggkreditiv (construction credit) for project financing disbursed in stages, Fastighetslån (property loans) for acquisitions and refinances, Lägenhetsfinansiering (apartment financing) for new production and conversions, and Markfinansiering (land financing) for pre-development land acquisition. The company also issues secured debt instruments including the Säkerställd Grön Kapitalandelslån (Serie B) and newer secured loan notes. All lending is secured against Swedish real estate with mortgage deeds, and the fund targets 6-8% annual returns for investors while providing flexible credit solutions to property developers.
Differentiator
Problem solved
Functional benefit
Brands
- SBP Välgörenhetsstiftelse: Charitable foundation established in 2020 to promote social sustainability, providing donations to organizations working in health, welfare, integration, and property development.
Products and services
- SBP Kredit Fond (Andelsklass A / Series A Fund Units) A publicly listed alternative investment fund on Nordic Growth Market providing secured loans to Swedish real estate projects, offering investors exposure to a diversified secured credit portfolio with a target annual return of 6-8%. ISIN: SE0014782827.
- Byggkreditiv (Construction Credit)
Quantifiable outcome
- Over 10,000 people have obtained housing through SBP-financed projects
- +4 more outcomes
Companies that use Sbp Kredit Ab
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles2 records
Sbp Kredit Ab technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sbp Kredit Ab partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Gernandt & Danielsson AdvokatbyråminorGernandt & Danielsson Advokatbyrå served as legal counsel for the May 2026 issuance of secured loan notes, providing legal advisory services for the transaction.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Sbp Kredit Ab competitors and assessment
Company assessmentBroad incumbents
- Catella AB: Listed Swedish real estate investment and fund management group. Operates real estate credit funds and asset management adjacent to SBP Kredit's niche; SBP's Chairman Johan Björklund is former Catella CEO.
- Norrporten: Swedish real estate investor and developer. While not a direct lender, comparable in sourcing Swedish property development opportunities and providing capital alongside developers that SBP Kredit finances.
- Heimstaden: Major European residential real estate owner and developer. Not a direct lender but a major Swedish property counterparty whose funding strategies and balance-sheet access shape the competitive landscape for SBP Kredit.
- Sveafastigheter: Nordic real estate investment manager and fund operator active in residential and community property development. Comparable as an institutional real estate capital provider, but with a broader fund-management mandate.
- Svea Bank: Nordic financial group providing factoring, lending, and real estate finance across multiple segments. Larger incumbent with overlapping SME and real estate lending capabilities, but broader portfolio.
Direct peers
- Stabelo: Nordic private credit and consumer loan platform offering listed bond-financed lending products. Comparable alternative credit fund structure serving Nordic investors with property-linked exposure.
- Tessin: Swedish real estate crowdfunding and lending platform originating property-backed loans to Nordic developers. Direct competitor to SBP Kredit in serving Swedish SME property borrowers through an investor-facing platform.
- Kameo: Swedish alternative lending marketplace focused on property-backed loans to real estate developers and SMEs. Closely comparable business model targeting the same underserved Swedish developer segment.
Regional players
- Nord Kredit: Danish real estate credit fund providing senior and junior loans to property developers and investors. Highly comparable alternative real estate credit model but operating in Denmark rather than Sweden.
Emerging players
- Brigo: Swedish P2P lending platform for real estate and SME loans. Early-stage but directly comparable in providing alternative Swedish property developer financing to retail and institutional investors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sbp Kredit Ab social profiles
Digital presenceSbp Kredit Ab financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sbp Kredit Ab leadership team
Management profileNumber of profiles
Profiles19 records
Sbp Kredit Ab subsidiaries and ownership
Company hierarchySubsidiaries1 record
Sbp Kredit Ab funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sbp Kredit Ab M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sbp Kredit Ab
What does Sbp Kredit Ab do?
SBP Kredit AB operates as a publicly listed Swedish alternative investment fund (AIF) on Nordic Growth Market (NGM) that provides secured real estate financing to property developers across Sweden. The company offers four primary lending products: byggkreditiv (construction credits), fastighetslån (property loans), lägenhetsfinansiering (apartment financing), and markfinansiering (land financing). All loans are secured by Swedish real estate mortgages (pantbrev) with loan-to-value ratios up to 75%, minimum loan amounts of SEK 10 million, and terms of 12-60 months.
Is Sbp Kredit Ab a public or private company?
Sbp Kredit Ab is a public company. It is classified as public and is currently operating.
When was Sbp Kredit Ab founded?
Sbp Kredit Ab was founded in 2016. It employs 1 to 10 people.
Where is Sbp Kredit Ab based?
Sbp Kredit Ab is headquartered in Stockholm, Sweden, in the Europe region.
How does Sbp Kredit Ab make money?
One revenue line is on record: interest Income from Real Estate Lending.
Who are Sbp Kredit Ab's main competitors?
Broad incumbents on record are Catella AB, Norrporten, Heimstaden, Sveafastigheter and Svea Bank. Direct peers are Stabelo, Tessin and Kameo. Nord Kredit is listed as a regional player. Brigo is listed as an emerging player.
Does Sbp Kredit Ab have an API?
No public API is recorded for Sbp Kredit Ab.
What industry is Sbp Kredit Ab in?
Sbp Kredit Ab's product category is Alternative Investment Fund / Real Estate Lending. Its primary akta.pro industry code is FSANADAG, Real Estate Private Credit (CRE Debt), with a secondary code of FSALADAH, Construction & Development (C&D) Lending — Commercial/Multifamily. Its NAICS code is 522292 and its SIC code is 6162.