Freelancers and the self-employed are not always easy in today’s professional world and society. The advantages are obvious, you are independent, you are your own boss and you do not have to follow any instructions, but unfortunately that is only half the story. Because especially at the beginning of self-employment you often have to overcome many difficulties and hurdles. This is especially true in financial terms, after all, cars, food, office supplies, etc. have to be paid for themselves. Thus, it can take a long time before the business idea to thriving small business first large sums are achieved.
Become financially independent with a loan for the self-employed without credit check
This financial hurdle is for many a big dilemma, even a knock-out criterion for starting a business. However, to ensure that more people dare to switch to self-employment and have an easier life during the first period, many banks and credit institutions now offer a loan for the self-employed without a credit check. This will allow start-up companies to have the best possible start in the business world. Big loan collateral, z. But real estate, time deposits or goods are usually not available, because most of the equity is spent on building up the business.
Nevertheless, banks want to make sure of the idea of the applicant, they therefore request a business plan. Here, the banks can convince themselves of the idea of the founders and assess the risk of default of the loan. Nevertheless, there should not and should not be a negative entry in the nationwide uniform Schufa database. In addition, an income tax assessment has to be enclosed with the application. In the following, the general conditions and conditions for a loan for self-employed persons without a credit check are explained in more detail.
The possible framework conditions for a self-employed loan
The maximum possible loan amount for a self-employed loan without a credit check is between 1,000 and 50,000 euros. As far as the repayment term is concerned, start-up founders are relatively flexible and can freely choose terms of between 12 and 84 months. For the comparability of credit offers from different banks, the effective interest rate is a key factor. Depending on the bank, this currently ranges between 6 and 15 percent.
After the application has been submitted and a corresponding review and grant of the loan, the loan amount will be made available to the applicant in full. The start-up entrepreneur can freely dispose of the funds provided, that is, spend them for example for advertising purposes, acquisition or other aspects. The repayment of the loan is generally made when sufficient funds are available to the self-employed. This will help founders to start building their business.