Build a bridge with our funding solutions
Short term loan secured against your existing property as a financial bridge
- Buying and selling your property
- Urgent settlements
- Cash out / equity release
- Upsizing and downsizing
- Personal loan
Access capital for your business when you need it or purchase a business or property
- Investment / business purposes
- Share purchases
- Business cash flow / debt consolidation
- Companies / individual borrowers
Flexible and fast building loans to complete and incomplete development or building
- Development / construction finance
- Renovations / incomplete construction
- Land bank and residual stock
- New builds / owner builders
Self Employed Loans
Some lenders of short-term property loans and other financing options require a certificate of employment, so many business owners wonder if they can get self employed loans. The short answer is yes – self employed individuals can still get loans such as a bridging loan or business loan. The key is finding a reliable lender who not only offers self employed loans but also has a fast and secure process.
Funding is a leading provider of simple and flexible loans. Individuals, companies, and trusts are all welcome to borrow funds from Funding, whether their purpose is for personal or business use. We have loan options for commercial and home equity loans with terms of up to thirty-six months.
If you’re interested in the best loans for self employed individuals or home loans for sole traders, our answers to common questions related to loans for self employed borrowers below might help.
What requirements will I need to get self employed mortgage?
The requirements for self-employed loans can vary from lender to lender. For example, many lenders require borrowers to have at least two years of steady self employment to qualify for self-employed loans, though exceptions apply. Most mortgage lenders in Australia, including second mortgage lenders, require personal identification documents, property documents, and income information. Be ready to supply them in case your lender requires them.
At Funding, our typical loan-to-value ratio, or LVR, is 65% to 70% of the property value. All you need is sound real estate and documents to prove your capability to meet your repayments for a better chance of getting approved for self-employed loans at Funding. You can also get personalised customer service where you can talk to a real person online or over the phone about your needs. Our team will be happy to assist you with the loan requirements.
Is it possible for me to borrow money as a sole trader?
Sole traders or people who own and run businesses as individuals can borrow property loans, renovation loans, and more, given that they meet the borrower requirements of their lender. Sole traders get unique rates from partnership businesses or corporations depending on their net profit, business size, the value of the security property, and other related factors.
Looking for short-term business loans? You can use our solutions at Funding for urgent business loans, such as refinances, debt consolidation, start-up funding, property purchase, renovation, or development.
Maybe you’re an individual scoping for bridge loans to secure your dream new property before your current one has sold. In that case, our range of loan products can be used for this purpose, and many self-employed individuals have benefited from bridging finance rates that are tailored to their unique needs.
We’re all about giving customised quotes on self employed loans and other loan options you might be interested in. We are always upfront with our pricing, so you can trust that you are getting a fair deal from us. When you submit your loan scenario and details on our platform, you will receive an outline of your applicable rates and fees along with your same-day conditional approval.
Examples of properties we accept as security for loans are residential, commercial, and vacant land. If you own one or all of these properties within Australia, then you may qualify for loans, whether you’re an individual, business, or sole trader.
We’ve seen continued success in a highly competitive, highly regulated business sector due to our product range and ability to fundamentally reshape how everyday Australians may access financial loans. Leverage our lending opportunities and allow us to help you achieve your financial goals.
Are online loans easier for self-employed individuals?
Many traditional lenders like banks are stuck in their slow, manual processes, so it may take longer for loan applications to be approved, including those for personal and self-employed loans. Online lenders may be more flexible with requirements, making it easier for self-employed individuals to get approved for loans. In addition, the process can typically be done entirely online – no more queuing for hours in the bank.
Funding takes a common sense approach to lending and can often assist when banks cannot. We use cutting-edge technology to make borrowing against equity easy and accessible across Australia. Submit details of your loan scenario on our platform, and you can get same-day conditional approval. Once the loan is formally approved and the documents are signed, you can receive the settlement within a few days.
We also assure our users of the safety of their information on our platform as we use bank-level encryption and security. The information and documents you share with us will remain confidential and private as they’re sent online.
Fast, flexible, and fair loans for Australians
We’re an online lending platform that values your time. We came forward to bridge the gap in the market for short-term loans that the big banks wouldn’t address. Since then, we’ve been revolutionising loans through innovative technology to make non-bank financing fast, simple, and efficient.
Borrowing has never been this fast and this easy. To start with your application for self employed loans, get an Express Quote on our platform today.
How to get started
Forget slow and frustrating banks. We put you in the fast lane. Get started now or call 1300 44 33 19.
Same day approval. Yes, you read that right. Conditional approval provided the day you submit.
Conditional approval becomes formal approval once due diligence is completed and you sign your loan documents.
Not months. Not even weeks. Just days and in as little as 48 hours settlement can be arranged.
Don’t take our word for it.
“Funding organised a bridging loan for my client in less than a week!! No other lender could have done this and you saved my clients deposit being lost. Great result.”
“We approached Funding several months back as an alternative to our normal banks, and dealt with John from day one. From the start, the transparency was there, we knew pretty much at every point what was happening…..”
“Amazing Service! We were able to turn around a deal in 2 days so the client could settle on their dream home. Nathan worked tirelessly to get this across the line and make it a smooth experience for myself and my client. Highly Recommended.”
“The team at Funding have been great to work with. The funds have been made available quickly and without fuss. We are about to start another project and will happily use Funding again”