Loans for Self-Employed People
Borrow £500 - £10,000 to get you ahead
Why choose Amigo Loans for self-employed loans?
No credit score needed
Guarantor loans in 2-48 hours
What are loans for self-employed people?
Self-employed guarantor loans are for the business-owners and the be-your-own-bosses. We could be the support you need when the banks are saying no or you can't show evidence of a solid financial history.
UK homeowner or have good credit
Happy to pay if you don't
Can I get a bank loan if I'm self-employed?
Banks can be strict. Even with a good credit score, you may have to show two to three years' worth of tax statements and company accounts, and have them signed off by an accountant. And if you haven't always had a steady income, they could think you're a risk and end up charging you a higher APR. Or worse still, reject your application completely. That's a lot of hassle for no end product, right?
Award winning for a reason
We're not the only ones that think we're doing things a bit special:
Moneynet Award 2020
Best Mid Cost Loan Provider
Consumer Credit Award 2019
Best Guarantor Loan Provider
MONEYNET AWARD 2019
Best Credit Builder Product
Best Companies 2019
2 star 'outstanding' accreditation
Business Excellence Awards 2019
Excellence in Financial Technology
Credit Excellence Awards 2018
Alternative Lender of the year - Finalist
Can I get a personal loan if I'm self-employed?
Personal loans aren't secured against any property so they can be ideal for non-homeowners. The downside, that means they're usually also aimed at people with a good credit rating. If that's not you, that can really limit your options.
1 Missed payments
3 Thin credit
Am I eligible for a self-employed loan with bad credit?
If we’re confident the loan is right for you, you’re not in any financial difficulty, and you’re not bankrupt or on an IVA (or similar), then we may be able to approve you for a self-employed guarantor loan. So if you’re worried about a poor credit score? Don’t be. We’re more concerned about your current situation.
Can I apply for a self-employed loan if I've been rejected in the past?
Applying for a lot of loans at once, hoping that one will accept you, isn't a great way to take out credit. Each application will appear on your credit record, and the more you've been declined for, the worse your chances could be on future applications.
Still, even if you've been rejected in the past, it doesn't mean it's impossible to get the financial support you need. At Amigo Loans, we use common sense when reviewing your application. Even if you've been declined in the past, we could still accept you for a self-employed loan.