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Being self-employed offers a certain amount of freedom; however, being your own boss can make it hard to take out a traditional bank loan. Instead, you may want to consider borrowing against your valuables as this can be an effective way to quickly raise the cash you need. When applying for credit from a mainstream bank or building society you will often be asked to provide proof of your recent earnings. If you are self-employed this can be difficult to do as - you don't receive regular payslips and your income is likely to differ month by month. However, taking out a non-status loan from an asset lender can be of assistance. These loans are available regardless of how much you earn, and the only factor that will determine the amount you are able to take out is the value of the goods you wish to borrow against. It is possible to acquire non-status loans by borrowing against watches, jewellery, fine art, antiques, classic cars and a range of other valuables, , and it is also possible to obtain a sizeable sum of money quickly. Applying for such loans also means you will not require a credit check However, you will still need to provide proof of your identity (a recent utility bill or driving licence, for instance), before you can receive a loan. As long as you are happy with the sum of money you have been quoted, the loan can be deposited in your account later that same day, so you can quickly access the cash you need. You can borrow against your valuables for personal reasons - perhaps to pay off a bill - although a bridging loan can also be an effective way to inject capital into your business. By enlisting the services of an asset lender, you can be confident that - even if you are self-employed - you can borrow the money needed to meet a range of goals. RESOURCE BOX If you're self-employed, you may be concerned that you will struggle to access finance. However, come to Borro.com and you'll be able to take out a bridging loan by borrowing against your valuables. Our dedication to offering competitive non-status loans means you can quickly access the cash you need.
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Bridging loan, non-status loan,
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