The term ” self-employed loan ” initially means: self and constantly! Behind this are several characteristics such as long working hours for an independent, responsible for everything and just for a loan for the self-employed.
The weak companies versus large corporations that can use professional work and more government benefits for a business have it easier for self-employed. But even for self-employed there are several ways to get a loan.
While workers, such as workers and employees, are properly funded by their bank with a loan, self-employed people who do not have big profits can have more and more problems. But even self-employed without much profit have opportunities to get a loan, even if lenders reject a loan.
HeW start money for entrepreneurs
The HeW StartGad can be applied for as a self-employed start-up entrepreneur within the first years after setting up a business and during self-employment as a HeW start-up loan. The interest is favorable and the loan can be applied for up to $ 100,000 for investments and up to $ 30,000 for equipment. The big advantage of the HeW StartGad is the indemnification. HeW Bank grants a liability exemption of 80% for the start-up loan. This improves the security for starting a business.
Like all other HeW Bank grants, the HeW StartGad must be applied for via the house bank. Prerequisite for this is a business plan and a clean credit bureau information. In addition to a negative credit bureau entry, there is also a loan for self-employed people without a credit bureau account for starting up a business. We are happy to help you with a loan advice for the self-employed.
HeW Entrepreneur Loan for self-employed
The HeW Entrepreneur Loan is the classic loan for self-employed and can be applied for SMEs with a company size up to a turnover of 50 million and a maximum of 250 employees. The HeW Entrepreneur Loan for the self-employed covers a broad spectrum. With the HeW Entrepreneur Loan resources and investments of almost any kind can be financed.
The HeW Entrepreneur Loan for the self-employed offers favorable interest rates by HeW Bank and, in the case of investments, a 50% indemnity. This exemption from liability makes it possible for many self-employed to finance banks.
Financing via the development bank of the federal state
A self-employed loan is further reduced by the state in most federal states. Here, self-employed as small entrepreneurs, freelancers and business start-ups with a cheap credit are particularly encouraged.
For the self-employed, most of them are HeW StartGad and HeW Unternehmerecredit, which can be applied for for self-employed people with lower interest rates and / or a liability exemption. The promotional bank of a federal state is usually the subsidiary of the respective Flantebank with the mission to promote the regional economy with credit for self-employed.
Apply for microcredit for self-employed without a bank
The microcredit is being extended specifically for the self-employed by the European Union in cooperation with HeW Bank and the GEL Bank for self-employed small business owners. Whenever banks refuse a loan for the self-employed but there is still a positive outlook for the future, self-employed people can apply for a micro-loan without a bank.
The microcredit belongs to small loans up to 10,000 USD. For microcredit, collateral or a loan guarantee for the self-employed are also required. But the collateral in microcredit is mostly feasible for small business owners. Another advantage of microcredit is that it can be applied for online through a microfinance institution. So a loan for self-employed without a bank!
Online loan comparison for self-employed
The online loan comparison offers the opportunity for self-employed people to apply for an installment loan online. But self-employed people have to fulfill certain conditions with this loan. For example, self-employment must already exist for two years and two full annual accounts must be submitted. In the case of an online loan, the hurdles for the self-employed are now as high as for a HeW loan, which is requested through the house bank.
If these conditions for a self-employed loan are not met, you should better contact us. Because there are still a number of alternative credit offers for the self-employed.
Credit without credit bureau for the self-employed
A loan without credit bureau information is only possible from a few credit providers and then only for small sums. When applying for a loan normally every self-employed person has to “take off their pants”! But a credit bureau entry is often not the problem, more important for self-employed, whether the entry is paid in the meantime and thus done.
As a loan for self-employed without credit bureau is usually a loan from private investors. The focus is on personal trust. Income statements or a credit bureau information are not so important. Decisive for a loan for the self-employed is the positive future perspective that the company thus runs a livelihood and can repay the loan reliably.