Borrowing News – Credit Competitor
Borrowing money for the self-employed, if you are self-employed you may know how difficult that can be. Stock financing, financing of new tools, it is all quite difficult. How different is this with a car loan for the self-employed.
The car loan is easy to close. Where you have to supply piles of figures with every other form of borrowing money, we can guarantee that a car loan can be arranged quickly and easily. Annual figures? Not required in most cases.
Why so simple?
It is hard to imagine that the banks are suddenly as flexible when it comes to financing. Fortunately the message is correct. The difference between a car loan for the self-employed and a ‘normal’ loan lies in the fact that there is clear collateral for this form of borrowing money. And because you always take out the loan with a personal loan, which also reduces the outstanding balance. Is there certainty that the value of the car and the amount of the loan will remain reasonably in proportion during the term of the loan.
Who is the owner of the car
With a car loan for the self-employed, you can opt for a financial lease or an operational lease. With a financial lease and the operational lease you are the economic owner. The most popular form is the financial lease. You then take out financing for the car, arrange the insurance yourself and also pay the road tax and any maintenance yourself. If you have repaid the loan in full, you are also the legal owner of the car.
Loan for the self-employed without hassle
If you take out a loan for a car you will find that borrowing real money is no hassle. Demonstrating your account statement and a valid driver’s license can be enough to make financing for your car or company bus possible. We cannot make it any easier for you!
Do you want to know what we can do for you? Contact us immediately and we will let you know immediately.