Self employed people do not have any income proof, which is an important document to show to the lender to get finance. Keeping in mind the problems of self employed people, the lending companies of UK have designed loans for self employed. These loans provide immediate money to the people running their own business. With these loans, you are not required to show any income proof to the lender. You can instantly fulfill all your unexpected demands with the help of these loans. These loans help you in fulfilling the short-term demands of daily life.
Loans for self employed are provided to you for the amount that ranges between 100 and 1500. You have the repayment period of 2 to 4 weeks. The amount must be paid back within this period. If you fail to do so, the lender will ask you to pay extra charges as a penal fee. The rate of interest on these loans is quite high because of the short-term nature. But, it is easy to fetch an affordable deal through proper market analysis.
If you are hesitating to apply for these loans because of the poor credit status, then leave all your worries behind. These loans are also available for the bad credit scorers. Your bad credit scores such as arrears, defaults or bankruptcy are accepted by the lender. These loans do not have any procedure of credit checks. You are not required to show your credit report either.
If you are looking for a quick monetary help, then use internet for the application of these loans. Online means of application is very simple and easy. You just need to fill up an online application form including your personal details and submit it to the online lender. If the lender gets satisfied after the verification process, he will transfer the loan amount into your checking account.