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Self-employed customers

A loan for those in self-employment.

Same day enquiry

We’re here between 9am and 8pm Monday to Thursday, 9am to 7pm on Friday. If you contact us by 5pm we guarantee to get back to you the same day. If it’s after 5pm, we can’t promise we’ll be able to reply on the same day, but we’ll do our very best.

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I am a homeowner
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Your home may be repossessed if you do not keep up repayments on your loan.

Self-employed? Need a loan? We may be able to help.

We think looking at your individual situation, combined with our common-sense approach to lending, makes better sense for everyone.

Secured Loans for self-employed workers

As with most types of financial processes, borrowing money when you’re self-employed can be trickier. Extra checks, time and hassle can mean that the process ends up being stressful.

We aim to make the lending process really open and inclusive for the benefit of our self-employed customers. We do this by taking into account much more than a typical, restrictive loan-to-income ratio. We understand that our self-employed customers will have many different aspects affecting their eligibility for a loan, so it makes sense to consider additional streams of income, overall annual income and monthly income.

Key features
  • Secured loans from £3,000 to £1,000,000
  • We accept CCJs and Defaults up to 70% LTV (loan to value)
  • Variable rates from 6.65%
  • 5-year fixed rates from 7.4%
  • Interest-only repayment options available.
What do we offer? Types of loans for self-employed workers

From debt consolidation to home improvements, whatever it is you need a secured loan for, being self-employed shouldn’t be a problem.

We offer secured lending for:

  • Personal debt consolidation for self employed
  • Sole trader/self-employed business debt consolidation
  • Home improvements loan for self employed
  • Self-employed business loan
  • Loan for tax bill.
How we offer affordable secured personal loans for self-employed workers

With a focus on an inclusive lending approach, making our loans affordable and accessible is our priority:

  1. We offer an interest only option
  2. We don’t stick by the often-outdated loan-to-income ratio – we look at the bigger picture to reach an agreement on a loan that you can afford
  3. We take into account any additional streams of income you may have, as well annual income and monthly income.
Haven’t been trading long? Worried about your proof of income? Our smart approach to loans for self-employed customers helps to solve this

We can offer loans to successful applicants with just 12 months trading history. Typically lenders usually want 2 or 3 years of trading history.

To add to this, we understand that proof-of-income isn’t always a straight forward process. If you have an accountant, you can submit a professional accountant’s certificate, however we’ll also accept:

  • a fully completed accountants certificate. If the information is greater than 6 months old, we will use the projected earnings figure
  • SA302s provided the last SA302 is dated within the last 18 months
  • the last two 100% submitted Tax Calculations from HMRC along with the Tax Overviews provided the last Tax Calculation is dated within the last 18 months.
Sole trader, director, self-employed contractor? It doesn’t matter to us

Whether you’re a director of a large firm, a sole trader or a self-employed contractor, it really doesn’t matter, what matters is if you can afford the loan. We also appreciate the different quirks that come with different job titles and types of self-employment.

If you’re a sole trader with expenses that crossover from personal to your work life, then we’ll take those into account too. We look at the whole picture and put people before the numbers.

Overall cost for comparison

For example: A loan of £120,000 payable over 15 years on our variable rate for the loan term of 15 years at our current rate of 6.37% (variable) would require 180 monthly payments of £1,088.61 plus a redemption administration fee of £150.00.

The total amount payable would be £196,099.91 made up of the loan amount plus interest on the loan (£66,618.97), processing fee (£3,000.00) and arrangement fee (£3,000.00) plus interest on these fees (£3,330.95) and the redemption administration fee (£150.00).

The overall cost for comparison is 7.4% APRC representative. 

The actual rate available will depend upon your circumstances. Ask us for a personalised illustration.

Your home may be repossessed if you do not keep up repayments on your loan.


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Build: 1.3.7.17818