Tag Archives: employed

Loans for the self employed: Strong money help for entrepreneurs

Are you a self employed person? Feeling great to be your own boss or working on your own terms? Have many important personal and business needs to meet? Cannot able to meet your needs as you are facing financial hardships? Don’t feel sad! For your convenience, the loans for the self employed have been especially designed by the financial lenders to help you. These loans are meant for all those people who are self employed or running their own business in any field. Through these loans you can procure strong monetary backing for fulfilling several important requirements without any discomfort.

For your betterment these kinds of Self Employed Loanscan be availed in both secured and unsecured forms. If you are looking for a huge amount for your expensive needs and have any valuable asset to put as collateral, then secured loan option is right deal for you. Here you can get funds in between £5,000 to £75,000 for longer time duration of 5 to 25 years and that too at lower interest rate, due to the presence of collateral.

On the contrary side, if you do not have anything to place as collateral then unsecured loans for the self employed option is best for you. This kind of loan is best for tenants and non-homeowners who don’t own any asset under their name. Here you can get a chance to avail finance ranging from £1,000 to £25,000 for the flexible period of 1 to 10 years. Due to its collateral free nature, it will be charged with comparatively higher interest rate by the lender.

The helpful option of online mode allows you to apply for loans for the self employed

easily without any hassle. Here you will understand all terms and conditions of the loan easily with few mouse clicks, which saves your precious time, energy and effort. Due to stiff competition among many online lenders their interest rate may vary. A careful research would help you to get a lucrative loan deal at a pocket soothing rate.

The best thing about Self Employed Loans is that they provide you funds for any purpose from personal household bills to business related needs. These loans do not ask for any income proof and act as your gear fiscal partner in crisis.

Secured loans- Loans that stand apart

Modern technology has intruded into every aspect of our life. It has made possible for us the means to avail loans without even having to move out of our homes. You can comfortably sit in front of your PC and apply for a loan. The lenders will contact you if they find your details suitable.

The competition is very stiff in the UK financial market. New entrants are coming up with loads of new financial products and establishing themselves along with the existing lot. One thing you must do is research – on the loan market, compare loans, and even bargain simply through the Internet before finally taking out a loan.

With secured loans, you get a plethora of benefits. Such loans can help you in solving even some of your biggest financial problems. The loan amount can stretch up to a hefty £250,000 – enough to take care of all your worries.

You can avail secured loans:

  • despite an adverse credit rating and a poor financial history with CCJs, bankruptcy or IVAs
  • if you are a self-employed professional or retired or an employed person
  • to get a low rate of interest
  • for flexible repayment options

    In case of secured loans, some lenders may offer you more than the value of equity in your home. If your home has got a value of £100,000, you may still get £125,000 in the form of secured loans.

    Secured loans are also popular by the name of homeowner loans. In some instances, these loans can go up to 125 per cent of equity. This is an added benefit of secured loans.

    Besides, the lenders offer scores of loan plans so that you can choose one that is as close to your requirements as it can be. Just because it is your home that serves as a security, these loans are called homeowner loans.