If you are self employed, then you already know how difficult it is for you to get loans especially when compared to those who are employed. One of the main reasons for this is because as you are working for yourself there is no proof of income that you can show. But don’t be disheartened, the world is not come to an end. Here, we provide self employed loans for you. We provide loans to those who need it the most and as a person who runs his own business we understand your self employed loan needs will be more comparatively.
Being a self employed borrower there are a few things that you will require when applying for these types of loans. So if you are self employed and in need of a loan then be sure to have these documents with you for the loan:
- You will be required to pronounce your income
- You will also require a certificate which contains your real income; this needs to be issued by an accountant
- Your bank statement which states your gross income
As a self employed loan lender we provide these loans as secured and unsecured loans. Like all loans if you pledge some security against the loan you are taking then it is a secured self employed loan. This is a good option as you will get a larger amount of money and also a longer repayment period. With these secured loans you can get a sum between £5000 to £75000 as a loan and a term of 5 to 25 years for repayment. If you don’t have an asset to pledge as security for your loan then there is no need to fret. You can always opt for the unsecured self employed loan. Here however, the amount of borrowing is comparatively less and so is the period of repayment. A sum of £1000 up to £25000 can be easily borrowed and this needs to be repaid between 1 to 10 years.
Self employed loans are made available to you for whatever reason you may need. If a new car is what you require and you don’t have the money for it then the self employed loan is there for you. A home renovation, holiday, to meet medical expenses etc, whatever your reason the loan is available to you. These loans are hassle free and you can meet your needs without having to worry too much. |
