Whether you’re a contractor needing power tools, a photographer needing camera equipment, or a mobile detailer needing a van, self-employed business owners often need to fund specific equipment purchases without the extensive credit history a bank might expect. Fortunately, equipment…
For self-employed business owners, credit score often carries even more weight than it does for larger, more established businesses — simply because there’s less other financial history for lenders to evaluate. Understanding exactly how your score factors into approval, and…
Many self-employed business owners face financing hurdles for two reasons at once: no significant assets to pledge as collateral, and little to no established credit history — either personal or business. It’s a common starting point, and while it narrows…
If you’re newly self-employed, running a very small operation, or don’t yet have the credit history and collateral traditional lenders expect, a microloan can be one of the most accessible ways to get started with outside financing. Here’s how they…
Without a W-2 or employer-issued pay stubs, proving income for a business loan application can feel like an extra hurdle — but lenders work with self-employed borrowers constantly, and there’s a well-established playbook for documenting your income properly. Here’s exactly…
Being self-employed shouldn’t lock you out of good financing — but it does mean the process looks a little different than it does for a business with W-2 employees and years of corporate financials. This guide compares the best options…
