What are self-employed loans?

 

Self-employed loans are loan products designed for small business owners and self-employed individuals who may not be able to provide traditional proof of income documents. These loans can be used for a variety of purposes, including purchasing a property, financing a business venture, or covering unexpected expenses.

As a self-employed individual, getting approved for a loan can be a challenge. Traditional lenders often require extensive documentation and proof of a steady income, which can be difficult for self-employed borrowers to provide. Fortunately, Ownright Custom Finance offers self-employed loans tailored to the unique needs of small business owners and self-employed individuals in Australia.

At Ownright Custom Finance, we understand that self-employed individuals often have irregular income streams and may not be able to provide traditional income verification documents. That’s why we offer a range of self-employed loan products designed to help you access the funds you need to grow your business, purchase a property, or cover unexpected expenses.

Why choose Ownright Custom Finance for your self-employed loan needs?

At Ownright Custom Finance, we understand the unique challenges faced by self-employed borrowers. That’s why we offer flexible loan options designed to meet the needs of small business owners and self-employed individuals in Australia. Here are just a few reasons why you should choose Ownright Custom Finance for your self-employed loan needs:

Flexible Loan Options: We offer a variety of loan products designed to meet the unique needs of self-employed borrowers.
Fast Approvals: Our streamlined application process means you can get approved for a loan quickly and easily.
Personalized Service: We take the time to understand your needs and provide personalized service to help you find the right loan product for your situation.
Competitive Rates: We offer competitive interest rates to help you save money on your loan.
Expert Advice: Our team of experienced loan specialists is available to answer your questions and provide expert advice throughout the loan process.

Types of self-employed loans offered by Ownright Custom Finance

Here are some of the types of self-employed loans offered by Ownright Custom Finance:

Low Doc Loans: Low doc loans are designed for self-employed borrowers who may not have traditional income verification documents.
Business loans: Business loans can be used to finance a variety of business-related expenses, including equipment purchases, marketing campaigns, and expansion.
Self-Employed Home Loans: Self-employed home loans are designed for borrowers who are self-employed and looking to purchase a home.
Bridging Loans: Bridging loans can help you finance the purchase of a new property while you're waiting for the sale of your existing property to settle.

How to apply for a self-employed loan with Ownright Custom Finance

Applying for a self-employed loan with Ownright Custom Finance is easy. Simply visit our website and fill out our online application form. Our loan specialists will review your application and contact you to discuss your loan options.

Great options and great rates

When you’ve tried with every other lender or bank and not been satisfied, that’s where we come in. We’ll create a tailored and customised solution for you!

Did you know that according to recent statistics, approximately 80% of small businesses in Australia take out business loans to help fund their growth and operational costs?

Eligibility requirements for self-employed loans

Eligibility requirements for self-employed loans will vary depending on the specific loan product you’re interested in. In general, however, you will need to provide proof of income and meet certain credit score requirements. 

Ready to get the perfect loan?