{"id":41003,"date":"2023-04-04T10:40:33","date_gmt":"2023-04-04T10:40:33","guid":{"rendered":"https:\/\/swoopfunding.com\/na\/uk\/sectors\/self-employed\/"},"modified":"2026-04-14T08:19:22","modified_gmt":"2026-04-14T08:19:22","slug":"self-employed","status":"publish","type":"sectors","link":"https:\/\/swoopfunding.com\/na\/sectors\/self-employed\/","title":{"rendered":"Self-employed"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"41003\" class=\"elementor elementor-41003\" data-elementor-post-type=\"sectors\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1917af68 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"1917af68\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4b7d81ec\" data-id=\"4b7d81ec\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-14e48221 elementor-widget elementor-widget-heading\" data-id=\"14e48221\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Self-employed business loans<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c6ce31e elementor-widget elementor-widget-text-editor\" data-id=\"7c6ce31e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Candlestick makers, dressmakers, bakers, video game makers &#8211; the self-employed and sole traders are some of the nation\u2019s most entrepreneurial workers.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27d56921 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"27d56921\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/namibia.swoopfunding.com\/stage\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7ed8246c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7ed8246c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6dfa78d2\" data-id=\"6dfa78d2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b07ee9b elementor-widget elementor-widget-ucaddon_breadcrumbs\" data-id=\"b07ee9b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t <div id=\"breadcrumbs-container\" class=\"center\">\n <nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><\/p><\/nav> <\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7728b2dd elementor-widget elementor-widget-text-editor\" data-id=\"7728b2dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">However, like most businesses, there are times when the self-employed need a business loan. But what kind of loans are available, and what do you need to secure them? Read on the find out all you need to know about business loans for the self-employed.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-19677199 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"19677199\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4e762d4c\" data-id=\"4e762d4c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-52800274 elementor-widget elementor-widget-heading\" data-id=\"52800274\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What loans are available for the self-employed?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24f6bd5d elementor-widget elementor-widget-spacer\" data-id=\"24f6bd5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3077b585 elementor-widget elementor-widget-text-editor\" data-id=\"3077b585\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Just because you\u2019re self-employed, it doesn\u2019t mean you can\u2019t get a <a href=\"https:\/\/swoopfunding.com\/na\/business-loans\/\">business loan<\/a>. Lenders may require more paperwork from sole traders and the self-employed than they would from fully employed borrowers or larger companies, but there are still finance options for those who work for themselves:<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-97dcd85 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"97dcd85\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-57d02e1\" data-id=\"57d02e1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-214e0dd elementor-widget elementor-widget-text-editor\" data-id=\"214e0dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/na\/business-loans\/unsecured-business-loans\/\"><b>Unsecured loan:<\/b><\/a><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> Similar to a personal loan. It does not require you to provide security (collateral) to the lender. Unsecured loans are primarily based on your credit history and personal income instead of your business\u2019 performance. A good credit score is typically required to obtain an unsecured loan, and the sum you can borrow may be less than you may secure with other finance options.<\/span><\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/na\/business-loans\/small-business-loans\/\"><b>Small business loan:<\/b><\/a><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> Works like a regular bank loan and is issued for business purposes. The lender will usually check your personal and business credit score as part of the due diligence process. Your business records will also be reviewed to assure the lender that your business generates enough income to cover the repayments.<\/span><\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/na\/business-loans\/secured-business-loans\/\"><b>Secured loan:<\/b><\/a><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> You provide collateral to protect the lender from loss. In most cases, this means property, such as your home, although other hard assets may be considered by some lenders. Secured loans usually come with lower interest rates and may offer a higher loan amount than unsecured borrowing. Bad credit can also be less of a problem with this type of loan.<\/span><\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Guarantor loan:<\/b><span style=\"font-weight: 400;\"> If you credit history has some issues that make it difficult to obtain a loan, you may wish to ask a relative, friend, or business associate to act as guarantor for your borrowing. This means they are liable for any loss should you default on the loan. Your guarantor will need a good credit record and may even need to provide collateral. Guarantor loans tend to have higher interest rates and fees than some other types of loan.\u00a0<\/span><\/li><\/ul><p><b>Top tip:<\/b><span style=\"font-weight: 400;\"> Don\u2019t get caught out by an error on your credit report, always check your personal and business credit scores<\/span><span style=\"font-weight: 400;\">\u00a0before you apply for loan refinancing (secured or unsecured).<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e03207c elementor-widget elementor-widget-heading\" data-id=\"e03207c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to apply for a self-employed loan<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c30652d elementor-widget elementor-widget-text-editor\" data-id=\"c30652d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Applying for a self-employed loan involves several steps and considerations. Firstly, you should gather relevant financial documentation, including tax returns, <a class=\"waffle-rich-text-link\" href=\"https:\/\/swoopfunding.com\/na\/blog\/how-to-download-a-bank-statement\/\">bank statements<\/a>, and profit and loss statements, to demonstrate your income and financial stability to potential lenders.<\/p><p>Once the necessary documentation is gathered, you can research and compare loan options from various lenders to find a product that meets your needs and offers favourable terms and interest rates.<\/p><p>When ready to apply, you can typically complete the application process online, over the phone, or in person at a bank or lending institution. The application will require personal and financial information, including income details, employment history, <a class=\"waffle-rich-text-link\" href=\"https:\/\/swoopfunding.com\/na\/business-glossary\/asset\/\">assets<\/a>, and <a class=\"waffle-rich-text-link\" href=\"https:\/\/swoopfunding.com\/na\/business-glossary\/liability\/\">liabilities<\/a>.<\/p><p>During the application process, lenders may also assess your creditworthiness by checking your credit score and credit history. A higher credit score generally improves the likelihood of approval and may result in more favorable loan terms.<\/p><p>After submitting the application, the lender will review the information provided, verify the documentation, and assess your ability to repay the loan. Once approved, you will receive a loan offer outlining the terms and conditions, including the loan amount, <a class=\"waffle-rich-text-link\" href=\"https:\/\/swoopfunding.com\/na\/business-glossary\/interest-rate\/\">interest rate<\/a>, repayment schedule, and any additional fees. It&#8217;s important to carefully review the offer before accepting to make sure it aligns with your financial goals.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-537a10c1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"537a10c1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4b82274d\" data-id=\"4b82274d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-203ec42e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"203ec42e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-57a36b8a\" data-id=\"57a36b8a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2677515c elementor-widget elementor-widget-heading\" data-id=\"2677515c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What documents do I need to apply for a loan as a sole trader or self-employed?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-df6b81f elementor-widget elementor-widget-text-editor\" data-id=\"df6b81f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The documents you will need to secure a loan will vary from lender to lender and for the type of loan you are applying for. However, most lenders will need to see:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bank statements<\/b><span style=\"font-weight: 400;\"> \u2013 up to the last three years.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Tax returns<\/b><span style=\"font-weight: 400;\"> \u2013 notice of assessment and tax returns for the last two years.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Company\/business information<\/b><span style=\"font-weight: 400;\"> \u2013 incorporation documents for limited companies, overview of the business, list of major clients, balance sheet and cashflow forecast if you have them.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Proof of any other income <\/b><span style=\"font-weight: 400;\">\u2013 such as <a href=\"https:\/\/swoopfunding.com\/na\/business-glossary\/dividend\/\">dividends<\/a>, bonuses, or rental income.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b1e372e elementor-align-center elementor-widget elementor-widget-button\" data-id=\"5b1e372e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/namibia.swoopfunding.com\/stage\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4386295 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4386295\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-81e22e1\" data-id=\"81e22e1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2af58d0 elementor-widget elementor-widget-heading\" data-id=\"2af58d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Does my self-employed status affect my loan value or rate?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e10445 elementor-widget elementor-widget-text-editor\" data-id=\"2e10445\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">No. If your credit is good and you have all the necessary documents, the interest rate you pay and the amount you can borrow should be no different than for fully employed borrowers.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5d94fcf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5d94fcf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-99d94c0\" data-id=\"99d94c0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c3a3b1 elementor-widget elementor-widget-heading\" data-id=\"9c3a3b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Can I get a self-employed loan if I have bad credit?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b3cf11 elementor-widget elementor-widget-text-editor\" data-id=\"9b3cf11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Even if you have bad credit and have been turned down elsewhere, it may still be possible to secure the loan you need.\u00a0 Note that weak credit may mean paying a higher interest rate, and, depending on the type of loan you are seeking, some lenders may also ask you to provide collateral to secure the loan.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0ff4c75 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0ff4c75\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9e71bf5\" data-id=\"9e71bf5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e755c0 elementor-widget elementor-widget-heading\" data-id=\"6e755c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What am I able to you use the loan for?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b1c412 elementor-widget elementor-widget-text-editor\" data-id=\"0b1c412\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">General self-employed and <a href=\"https:\/\/swoopfunding.com\/na\/business-glossary\/sole-trader\/\">sole trader<\/a> loans can usually be used to cover any business need. However, some loans may only be used for specific activities.\u00a0<\/span><\/p><h3>Loans for specific activities:<\/h3><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/swoopfunding.com\/na\/business-loans\/asset-finance\/\"><b>Asset finance and refinance:<\/b><\/a><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> Pay for plant and machinery, including commercial vehicles. Refinance your current equipment loans, or free up the sunk capital in hard assets that your business already owns to gain ready cash.<\/span><\/span><\/li><li><a href=\"https:\/\/swoopfunding.com\/na\/business-loans\/working-capital-loans\/\"><b>Working capital:<\/b><\/a> Borrow up to N$50,000 to get a new business off the ground.\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fff3858 elementor-widget elementor-widget-heading\" data-id=\"fff3858\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are the benefits of loans for self-employed?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18f6752 elementor-widget elementor-widget-text-editor\" data-id=\"18f6752\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Loans for self-employed individuals offer several benefits to their unique financial circumstances and needs:<\/p><ul><li><strong>Access to capital<\/strong>: Self-employed individuals often face challenges in accessing <a class=\"waffle-rich-text-link\" href=\"https:\/\/swoopfunding.com\/na\/business-loans\/\">traditional forms of financing<\/a>. Loans for the self-employed provide access to capital for business expenses, investment opportunities, or personal financial needs.<\/li><li><strong>Flexible eligibility criteria<\/strong>: Unlike traditional loans, loans for the self-employed typically have more flexible eligibility criteria. Lenders may consider alternative forms of income verification, allowing self-employed individuals with varying income sources to qualify.<\/li><li><strong>Repayment options<\/strong>: Self-employed loans often offer tailored repayment options to account the fluctuating income of self-employed individuals.<\/li><li><strong>Business growth opportunities<\/strong>: Loans for self-employed individuals can promote business growth and expansion initiatives. Access to financing can help self-employed individuals capitalise on opportunities to grow their business and increase profitability.<\/li><li><strong>Tax benefits<\/strong>: Depending on the purpose of the loan, self-employed individuals may be eligible to deduct the interest paid on the loan from their taxable income, reducing their overall tax liability.<\/li><li><strong>Building credit history<\/strong>: Responsible repayment of a self-employed loan can help individuals establish or improve their credit history. A positive credit history is important for getting future financing.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23a2528 elementor-widget elementor-widget-heading\" data-id=\"23a2528\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How much does a self-employed loan cost?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bf32786 elementor-widget elementor-widget-text-editor\" data-id=\"bf32786\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The cost of a self-employed loan can vary depending on several factors, including the lender, loan amount, repayment term, interest rate, and any associated fees. Generally, the total cost of a self-employed loan includes the <a class=\"waffle-rich-text-link\" href=\"https:\/\/swoopfunding.com\/na\/business-glossary\/principal\/\">principal amount<\/a> borrowed plus interest accrued over the repayment period.<\/p><p>Interest rates for self-employed loans may be fixed or variable and can range from relatively low rates for borrowers with strong credit profiles to higher rates for individuals with less favourable credit histories. Additionally, some lenders may charge origination fees, application fees, or other upfront costs, which can increase the overall cost of borrowing.<\/p><p>To accurately assess the cost of a self-employed loan, you should carefully review the loan terms and conditions provided by the lender, including the <a class=\"waffle-rich-text-link\" href=\"https:\/\/swoopfunding.com\/na\/business-glossary\/annual-percentage-rate-apr\/\">annual percentage rate (APR)<\/a> and any additional fees or charges.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f41ed3c elementor-widget elementor-widget-heading\" data-id=\"f41ed3c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What happens if I can't repay my self-employed loan on time?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b97164d elementor-widget elementor-widget-text-editor\" data-id=\"b97164d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If you find yourself unable to repay your self-employed loan on time, it&#8217;s important to communicate with your lender as soon as possible to discuss your situation and explore potential solutions. Depending on the terms of your loan agreement and the policies of your lender, the consequences of not repaying your loan on time may vary:<\/p><ul><li><strong>Late payment fees<\/strong>: Many lenders charge late payment fees for missed or late payments which can increase the total cost of the loan.<\/li><li><strong>Negative impact on credit score<\/strong>: Late or missed payments can negatively impact your credit score. A <a class=\"waffle-rich-text-link\" href=\"https:\/\/swoopfunding.com\/na\/business-credit-scores\/why-did-my-credit-score-drop\/\">lower credit score<\/a> can make it more difficult to qualify for future loans or credit products.<\/li><li><strong>Collection actions<\/strong>: If you continue to miss payments, your lender may take collection actions to recover the debt. This could include contacting you to arrange payment, reporting the default to credit bureaus, or starting legal proceedings to recover the outstanding balance.<\/li><li><strong>Default<\/strong>: If you consistently fail to repay your loan, your loan may go into default. Defaulting on a loan can have serious consequences, including legal action, repossession of collateral, and further damage to your credit score.<\/li><li><strong>Loss of collateral<\/strong>: If your loan is secured by <a class=\"waffle-rich-text-link\" href=\"https:\/\/swoopfunding.com\/na\/business-glossary\/collateral\/\">collateral<\/a>, failure to repay the loan may result in the loss of the collateral to the lender.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7efbeae elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7efbeae\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ffb1df0\" data-id=\"ffb1df0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1be3f87 elementor-widget elementor-widget-heading\" data-id=\"1be3f87\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Get started with Swoop's business funding platform<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-efbd825 elementor-widget elementor-widget-text-editor\" data-id=\"efbd825\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Whether you need a loan to grow your business, cover a cashflow dip, or even pay your taxes, there\u2019s a self-employed and sole trader loan for you. Don\u2019t waste time going from lender to lender. Register with Swoop to access the widest range of loans at the best rates, and with the best terms and conditions. One click is all it takes. Get the self-employed loan you need today.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-79b4aa8b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79b4aa8b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4b711dd4\" data-id=\"4b711dd4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0c804c2 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"0c804c2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/namibia.swoopfunding.com\/stage\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-93bf53e elementor-widget elementor-widget-spacer\" data-id=\"93bf53e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-374b05c5 elementor-widget elementor-widget-heading\" data-id=\"374b05c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Testimonials<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-235f23e3 elementor-widget elementor-widget-ucaddon_testimonials\" data-id=\"235f23e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_testimonials.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t\t<style type=\"text\/css\">\/* widget:Testimonials *\/\n\n.testimony{\n margin:0;\n}\n.testimony .owl-theme .owl-dots .owl-dot.active span{\n background:#2E9C8E;\n}\n\n.testimony .owl-theme .owl-dots .owl-dot:hover span{\n background:#2E9C8E;\n}\n\n.testimony{\n\t content-visibility:auto;\n\t contain-intrinsic-size:445px;\n}\n .testimony .inner-testimony .read-mores{\n\t margin-left:15px;\n}\n .testimony .inner-testimony .icon{\n\t color:#eee;\n}\n .testimony .inner-testimony .icon-quotation-left{\n\t position:relative;\n\t top:-28px;\n\t left:0;\n}\n .testimony .inner-testimony .icon-quotation-right{\n\t position:relative;\n\t bottom:-28px;\n\t right:-8px;\n}\n .testimony .inner-testimony p{\n\t margin:0;\n\t color:#003e52;\n}\n .testimony .inner-testimony .testimony_description{\n\t padding:40px 0;\n}\n .testimony .inner-testimony .desc_testimony{\n\t font-size:24px;\n}\n .testimony .inner-testimony .author_testimony{\n\t font-size:18px;\n\t margin-top:20px;\n}\n .testimony .inner-testimony .role_testimony{\n\t font-size:18px;\n}\n .testimony .owl-theme .owl-nav .owl-prev{\n\t position:absolute;\n\t left:0;\n\t margin:-18px 0;\n\t top:50%;\n}\n .testimony .owl-theme .owl-nav .owl-next{\n\t position:absolute;\n\t right:0;\n\t margin:-18px 0;\n\t top:50%;\n}\n @media (max-width:992px){\n\t .testimony .inner-testimony{\n\t\t padding:40px 40px;\n\t}\n\t .testimony .inner-testimony .testimony_description{\n\t\t padding:0;\n\t}\n}\n @media (max-width:768px){\n\t .testimony{\n\t\t margin:50px 0 40px 0;\n\t}\n\t .testimony .inner-testimony .desc_testimony{\n\t\t font-size:19px;\n\t}\n\t .testimony .owl-dots{\n\t\t margin-top:30px !important;\n\t}\n\t .testimony .inner-testimony{\n\t\t padding:40px 0;\n\t}\n}\n\n<\/style>\n\n\t\t\t<div class=\"container\">\n <div class=\"testimony\">\n <div class=\"row justify-content-center\">\n <div class=\"col-xl-8 col-lg-10\">\n <div class=\"inner-testimony text-center\">\n <div id=\"owl-testimony\" class=\"owl-carousel owl-theme\">\n <div class=\"item\">\n <div class=\"testimony_description\">\n <p class=\"desc_testimony italic\"><i class=\"icon icon-quotation-left\"><\/i>Swoop was amazing! I was looking for refinancing and they were straight onto finding me the best possible option. I would highly recommend them.<i class=\"icon icon-quotation-right\"><\/i><\/p>\n <p class=\"author_testimony\">Laree Smith<\/p>\n <p class=\"role_testimony\">Owner, F45 Cambridge<\/p>\n <\/div>\n<\/div>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-48e2ce7 e-flex e-con-boxed e-con e-parent\" data-id=\"48e2ce7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-52d0689 elementor-widget elementor-widget-ucaddon_author_page\" data-id=\"52d0689\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_author_page.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n\n\n <div class=\"info-user-post\">\n \n <div class=\"left-info\">\n <a href=\"https:\/\/swoopfunding.com\/na\/author\/chris-godfrey\/\" aria-label=\"Chris Godfrey\">\n <picture loading=\"lazy\" decoding=\"async\" class=\"attachment-large size-large\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2024\/10\/chris-godfrey-author.webp\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2024\/10\/chris-godfrey-author.webp?is-pending-load=1\" alt=\"\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\">\n <\/picture>\n <\/a>\n <\/div>\n \n <div class=\"right-info\">\n <div class=\"inner-top\">\n <div class=\"info-top\">\n <div class=\"info-title\">\n <p>Written by<\/p>\n <p class=\"name-author\"><a href=\"https:\/\/swoopfunding.com\/na\/author\/chris-godfrey\/\">Chris Godfrey<\/a><\/h3>\n <\/div>\n <\/div>\n \n \n <\/div>\n <div class=\"info-bottom\">\n <p>Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five years. Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and explain the complex world of consumer and business finance and insurance.<\/p>\n <\/div>\n\n <ul class=\"social-links\">\n <li><a href=\"https:\/\/www.linkedin.com\/in\/christopher-godfrey-332198139\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Linkedin\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/na\/wp-content\/themes\/swoopMW50\/assets\/icons\/icon-linkedin-min.svg\" width=\"30\" height=\"30\" alt=\"Linkedin\">\n <\/a><\/li>\n \n \n <li><a href=\"https:\/\/www.freelancewords.co.uk\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" aria-label=\"Website\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/na\/wp-content\/themes\/swoopMW50\/assets\/icons\/icon-site-min.svg\" width=\"30\" height=\"30\" alt=\"Website\">\n <\/a><\/li>\n <\/ul>\n\n <div class=\"swoop-promise\">\n <p><strong>Swoop promise<\/strong><\/p>\n <p>At Swoop we want to make it easy for SMEs to understand the sometimes overwhelming world of business finance and insurance. Our goal is simple \u2013 to distill complex topics, unravel jargon, offer transparent and impartial information, and empower businesses to make smart financial decisions with confidence.<\/p>\n <p>Find out more about Swoop\u2019s editorial principles by reading our <a href=\"https:\/\/swoopfunding.com\/na\/about-swoop\/editorial-policy\/\">editorial policy<\/a>.<\/p>\n <\/div>\n\n <\/div>\n <\/div>\n\n \n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6124b7e e-flex e-con-boxed e-con e-parent\" data-id=\"6124b7e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f417141 elementor-widget elementor-widget-ucaddon_auto_page_related\" data-id=\"f417141\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_auto_page_related.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n\n\n\n <div class=\"container-auto-page-related\">\n <p class=\"title-related text-center\">We have a wide range of<\/br>loan options<\/p>\n <div class=\"auto-page-related\">\n <ul>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/agricultural-loans\/\">Agricultural loans <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/agricultural-mortgage\/\">Agricultural mortgage <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/auction-finance\/\">Auction finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/brewery-finance\/\">Brewery finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/bus-and-coach-finance\/\">Bus and coach finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/business-loans-for-bed-and-breakfasts\/\">Business loans for bed and breakfasts <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/buy-a-care-home\/\">Buy a care home <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/car-garage\/\">Car garage <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/care-home-finance\/\">Care home finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/construction-loans-and-finance\/\">Construction loans and finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/convenience-stores\/\">Convenience stores <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/cow-livestock-finance\/\">Cow &#038; livestock finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/crop-finance\/\">Crop finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/dental-practice-loans\/\">Dental practice loans <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/farm-equipment-financing\/\">Farm equipment financing <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/food-trucks\/\">Food trucks <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/funding-opportunities-for-recruitment-businesses\/\">Funding opportunities for recruitment businesses <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/funding-opportunities-for-retail-businesses\/\">Funding opportunities for retail businesses <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/guest-house-finance\/\">Guest house finance <\/a>\n <\/li>\n <li >\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/haulage-finance-and-hgv-loans\/\">Haulage finance and HGV loans <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/hotel-funding\/\">Hotel funding <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/inventory-financing\/\">Inventory financing <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/nursery-funding\/\">Nursery funding <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/petrol-station-finance\/\">Petrol station finance <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/pub-finance\/\">Pub finance <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/restaurant-loans\/\">Restaurant loans <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/\">Sectors <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/self-employed\/\">Self-employed <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/self-employed-loans-with-bad-credit\/\">Self-employed loans with bad credit <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/self-employed-loans-with-no-proof-of-income\/\">Self-employed loans with no proof of income <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/shopify-loans\/\">Shopify loans <\/a>\n <\/li>\n <li class=\"hidden_li offscreen\">\n <a href=\"https:\/\/swoopfunding.com\/na\/sectors\/vineyard-finance-2\/\">Vineyard finance <\/a>\n <\/li>\n <\/ul>\n <div class=\"container_bt\">\n <button class=\"bt_see_more\" href=\"javascript:void(0);\" aria-label=\"See more\">See more<\/button>\n <\/div>\n <div id=\"grey-out\"><\/div>\n <\/div>\n <\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-38d4dde e-con-full e-flex e-con e-parent\" 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async><\/script>\n \n\n \n <div class=\"trustpilot-widget\" data-locale=\"en-US\" data-template-id=\"5419b732fbfb950b10de65e5\" data-businessunit-id=\"5b437d760db9da00019935a0\" data-style-height=\"24px\" data-style-width=\"100%\" data-theme=\"dark\" data-token=\"6307e816-53aa-4589-828c-b174e8417264\">\n <a href=\"https:\/\/www.trustpilot.com\/review\/swoopfunding.com\" target=\"_blank\" rel=\"noopener\">Trustpilot<\/a>\n <\/div>\n \n<\/div>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"author":26,"featured_media":30948,"parent":0,"template":"","business-sectors":[343],"class_list":["post-41003","sectors","type-sectors","status-publish","has-post-thumbnail","hentry","business-sectors-business-loans"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-scaled.jpg",2560,1709,false],"thumbnail":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-150x150.jpg",150,150,true],"medium":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-300x200.jpg",300,200,true],"medium_large":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-768x513.jpg",768,513,true],"large":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-1536x1025.jpg",1536,1025,true],"2048x2048":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-2048x1367.jpg",2048,1367,true],"image_blog":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-408x252.jpg",408,252,true],"image_blog_full":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-1775x660.jpg",1775,660,true],"image_podcast":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-397x298.jpg",397,298,true],"image_banking":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-30x20.jpg",30,20,true],"image_blog_internal":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-840x480.jpg",840,480,true],"image_blog_medium":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-1024x500.jpg",1024,500,true],"image_single_banking":["https:\/\/swoopfunding.com\/na\/wp-content\/uploads\/sites\/10\/2022\/11\/brewery-finance-featured-80x53.jpg",80,53,true]},"post_excerpt_stackable_v2":"<p>Self-employed business loans Candlestick makers, dressmakers, bakers, video game makers &#8211; the self-employed and sole traders are some of the nation\u2019s most entrepreneurial workers. Apply now However, like most businesses, there are times when the self-employed need a business loan. But what kind of loans are available, and what do you need to secure them? Read on the find out all you need to know about business loans for the self-employed. What loans are available for the self-employed? Just because you\u2019re self-employed, it doesn\u2019t mean you can\u2019t get a business loan. Lenders may require more paperwork from sole traders and&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Chris Godfrey","url":"https:\/\/swoopfunding.com\/na\/author\/chris-godfrey\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/na\/wp-json\/wp\/v2\/sectors\/41003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swoopfunding.com\/na\/wp-json\/wp\/v2\/sectors"}],"about":[{"href":"https:\/\/swoopfunding.com\/na\/wp-json\/wp\/v2\/types\/sectors"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/na\/wp-json\/wp\/v2\/users\/26"}],"version-history":[{"count":6,"href":"https:\/\/swoopfunding.com\/na\/wp-json\/wp\/v2\/sectors\/41003\/revisions"}],"predecessor-version":[{"id":45513,"href":"https:\/\/swoopfunding.com\/na\/wp-json\/wp\/v2\/sectors\/41003\/revisions\/45513"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/na\/wp-json\/wp\/v2\/media\/30948"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/na\/wp-json\/wp\/v2\/media?parent=41003"}],"wp:term":[{"taxonomy":"business-sectors","embeddable":true,"href":"https:\/\/swoopfunding.com\/na\/wp-json\/wp\/v2\/business-sectors?post=41003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}