It’s not always a walk in the park, sourcing secured loans if you’re self employed. No accounts can make proving your income difficult which can make getting a loan very difficult, especially if you’re approaching high street lenders. Willows work with a great number of self employed people, helping them to find the best loans for self employed individuals – at competitive industry rates.
How Willows can help
If you’ve had difficulty getting a loan as a self employed professional, Willows can help. We look carefully at the finances of our clients, allowing us to make more informed lending decisions.
We can work with sole trader , source market-leading loans for Ltd companies, find loans for partnerships, arrange loans for business purposes and use a wide variety of proofs of income to help you get a secured loan. To find out how Willows Finance can help you, call our team for a no-obligation discussion on 0800 783 8871 or apply for a loan online.
Our team can find great rates on secured loans for self employed clients up to £500,000. We can even support self employed loan seekers who have adverse credit. We take the time to learn about you and your financial position in order to source well-suited secured loans which fit your situation. We typically offer secured loans which include:
- Various ways to prove income
- Loans for Business Purposes
- Large loans available up to £500,000
- Adverse credit accepted
We arrange secured loans from a panel of lenders. We offer second charge regulated mortgage contracts for business or personal use. You should be aware that there may be other finance options available to you such as a remortgage, a further advance with your first charge lender, or an unsecured loan. You should seek independent advice before making a decision.
You may also want to speak to your mortgage provider about a re-mortgage. The loans we arrange are secured against your property. This means that, unlike unsecured credit, if you don’t keep up the repayments on the loan your property could be at risk of repossession. And like with most other types of credit, you could be charged arrears fees, which increases the cost of your loan, and your credit rating could be affected.
One size doesn’t fit all
Willows look closely at the finances of every loan seeker. We do not rule out lending based on adverse credit scores alone – or because there is no conventional proof on income. We understand that everyone is different, which is why we use all of our significant expertise and connections to find secured loans for self employed people.
To find out how we can help you to source a secured loan as a self employed person or Ltd company, please call the Willows team for a no obligation discussion on 0800 783 8871.