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21 Nov What are the best loans for the self employed?

What are the best loans for the self employed?

Those who are self-employed and want a loan to either consolidate their personal debts, buy a new vehicle or for home improvements can choose between applying for an unsecured loan or a secured loan . These types of loans can only be used for personal borrowing, those needing to borrow to invest in their business will need to use a form of business finance – this includes a business loan, invoice finance or asset finance.

Unsecured loans for the self-employed

An unsecured loan relies on the credit score of the applicant and evidence that their income is regular.

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