The self-employed and freelancers often need a larger amount of money for important investments. If this is not available, an immediate loan for the self-employed must be used. Such loans enable simple and cheap financing and can be applied for conveniently via the Internet.
Requirements for approval
A positive credit rating is required so that the instant credit can be granted to the self-employed. This is checked on the basis of a business evaluation of the self-employed. Of course, there is no security like a regular salary for a self-employed person.
The bank gets an idea of the turnover / profit of the self-employed and approves the instant loan if the forecast is positive. The quickest way to apply for the instant loan for self-employed is to apply online on the bank’s website. All the necessary data is entered there and the borrowers are informed of the address to which they must send the documents.
Differences from a normal loan
Only self-employed and freelancers can apply for such a loan, employees cannot use this loan. In addition to the interest, there are usually also costs in the form of a processing fee. The conditions differ from provider to provider, for this reason a comparison should be made.
The purpose is in most cases freely selectable, loan amount and duration can be varied individually. Special repayments or repayments are usually possible without any problems, but must be discussed with the respective lender. The application for an instant loan for the self-employed is processed and approved relatively quickly and the money is available promptly.
Benefits from such a loan
An instant loan for the self-employed can be applied for quickly and easily with a positive credit rating. Start-ups and young companies in particular are dependent on such a loan and can carry out important financing. Without a suitable instant loan for the self-employed, smaller companies would have significantly greater problems with financing, since their own funds are very limited in the beginning.
If various banks and savings banks are compared in detail in advance, a cheap instant loan for the self-employed can be found after a short time. This is conveniently paid in installments over an individual period and means only a small additional financial expenditure.