Secured loans for self-employed

You could apply for one of our loans for self-employed people for almost any purpose. Common examples include:

• Business investment in stock, equipment or a company vehicle
• Home improvements such as new kitchens, extensions and loft conversions
• A new vehicle such as a car or bike
• Fund your wedding
• A family holiday
• Debt consolidation

Whatever your priorities are, contact us today to see if we could help you get the funds you need.

We aim to make finance accessible for as many people as possible. You can apply for a secured self-employed loan if you are a sole trader, director, contractor or small business and have been self-employed for over 12 months.

You also must be:

• A homeowner with a mortgage
• Living in the UK

Even if your credit history is less than perfect or you’ve struggled to get a loan elsewhere, we’ll listen to your personal situation before making a decision.

Our range of affordable self-employed loan options can be tailored to your circumstances, so you can spread the cost over a period that suits you.

Even if your credit history is less than perfect, or if you have struggled to obtain a loan elsewhere, we listen to your personal situation before coming to any decision. Our range of affordable self-employed loan options are tailored to your personal circumstances, so you can spread the cost evening over a period that suits you.

We offer secured loans for the self-employed from £5,000 to £50,000, depending on eligibility.

Our self-employed loans for UK residents come with repayment terms of between 1 and 20 years. The right term for you will depend on your preferences and financial situation. Choosing a shorter term usually means you’ll pay less in interest, whereas longer term loans come with smaller monthly repayments.

You can use our handy online loan form and discuss with one of our expert advisers to see what your repayments might be with different term lengths.

We always aim to fund approved loans as quickly as possible. In the past, we have been able to transfer funds to customers within a few days of their application being approved, but this will depend on how quickly we receive all your documentation, among other factors.

Read about our loan process step by step.

We’re upfront about our fees from the beginning so you won’t be caught out by any costly surprises in the future.

As well as your agreed home improvement loan rate, you’ll pay a Lending Fee of between £299.00 and £699.00, depending on the loan amount and a Product Fee that is 10% of your loan. £1,000. View a full breakdown of a representative loan.

Being self-employed can put extra pressure on your time – so it’s good to know our application process is straightforward.

Start by filling out our online form with a few basic details, then an adviser will give you a no-obligation quote over the phone. Alternatively, you can call our team directly on 0161 814 9158.

There are a few things we’ll ask for when you apply for one of our secured loans for the self-employed, including:

• Proof of Income such as Certified/stamped accounts from your accountant, or a submitted SA302 form
• Proof of address, such as utility bills
• Proof of identity, such as a passport or driving license
• Your mortgage account number and home insurance documents

If you’re a sub-contractor, we’ll ask for 6 months of remittance slips.

Be it for business or personal reasons, our secured self-employed loans can create opportunities and make your life easier. Here’s why you can rely on us:

• We’ve provided finance to over 26,500 customers and offer repayment terms to suit each applicant’s situation.
• We’ll look beyond your credit history and how you receive your income to assess your situation as a whole, so you could still get a self-employed loan with bad credit.
• You can apply for one of our secured loans for the self-employed with no guarantor, meaning you don’t need to ask your friends or relatives to support your application.
• Our excellent Feefo rating from over a thousand customer reviews shows that you can have full confidence in our services.

We’re also authorised and regulated by the Financial Conduct Authority and are a member of the Finance and Leasing Association. We’re committed to lending responsibly.