Loans for freelancers and the self-employed are not that easy to find. On a small scale, the house bank helps out with an overdraft facility. But even with vehicle financing or new sales patterns, there can be difficulties. Nevertheless, the situation looks better than it might appear at first glance. The search for the right provider and the right financing model is important.
Loans for freelancers – pre-finance the expensive samples
Freelancers often work as freelance agents. When it comes to product presentation, they rely on an impeccable and up-to-date sample range. A lot can be shown on the computer or in the portfolio, but it doesn’t work without a sales sample. A vacuum cleaner representative who cannot demonstrate his product has a hard time convincing the housewife. The first point of contact for loans for sample procurement is the supplier.
At least temporary pre-financing is almost always feasible. Part of the sales commission can be used to repay the loan. To get started and later, practically every structural sales organization offers financing models for its sales representatives. The goods themselves, if they are to be sold directly, are delivered on commission. It becomes more difficult when the vehicle needs to be repaired or replaced.
Medium and large loan amounts for freelancers
A loan for freelancers, outside of the sales structure, almost always comes from the Internet today. A freelancer often has an attractive income. The only problem with bank loans is the security of this income. A solvent guarantor who is himself in an employment relationship can provide the necessary credit security. The most convenient options are online banking offers that are specialized in self-employed and freelancers. Offers from special providers and credit intermediaries would also be possible and promising.
A particularly common loan request is the loan for a new business vehicle. Vehicle leasing is recommended for this. Different rules apply to leasing than to “normal loans”, and vehicle leasing is more than just interesting from a tax point of view. Leasing is not an option. For example, if the vehicle that was initially leased is to be purchased, private loans are a good alternative.
Personal loan for self-employed and freelancers
You can easily contact private investors via one of the two large platforms for personal loans. It is attractive for investors to enable a loan for freelancers. Private investors question the good income less critically than banking companies. The majority of investors are no savers. You have turned your back on negative savings interest rates.
Personal loans are highly trustworthy. Investors’ trust can be gained through certificates. In this way, private donors can be given an insight into payment behavior and Credit Bureau. The loan for freelancers often becomes allocable after about two weeks.