Borrowing money as an independent entrepreneur: how do you do that?
As an independent entrepreneur borrow money for private purposes? What should you pay attention to if you want to take out a loan as a self-employed person? Read our tips.
The conditions at a glance
If you want to borrow money as a freelancer, then you will have to meet a number of conditions.
– You must be at least 25 years of age or older.
– In addition, you must have been working for at least 3 years as an independent entrepreneur with positive equity based in the Netherlands. And you must have a good payment history (not a negative ABC) and have a purchase or rental home. Furthermore, the spending objective must be consumer and you must be able to prove that with a standard statement. Do you meet all these conditions? Then you can take out a loan as a self-employed person.
When can I apply for a loan as a freelancer?
- Three affiliated financial years with positive equity
- No negative ABC coding
- Loan target is private
- Up to 2 registered BVs (incl. Holding company)
Loan forms for independent entrepreneur
As an independent entrepreneur, if you meet the above conditions, you can borrow private money in the form of a personal loan or a revolving credit. The spending objective must then be intended for private and consumer purposes: think of a renovation, a new bathroom or kitchen.
Do you want to purchase a new company car? Then you can finance the purchase of a new company car in the form of a financial lease.
Take out a loan at an attractive interest rate
You can go to the National Credit Checker for a consumer loan but also for a financial lease for your company car, for example. On the page borrowing for entrepreneurs you can read more about the possibilities.
Check the conditions of the independent entrepreneur loan
An attractive interest is certainly not the only thing you should pay attention to when taking out a loan for independent entrepreneurs. Read the terms and conditions of the loan carefully before taking out a loan. For example, what is the interest rate and can it change during the term? Do you receive a fixed or variable interest rate? Is the interest fixed for the entire term? With a personal loan, the interest is fixed throughout the entire term. With a revolving credit, the interest is variable.
Are there closing costs or consultancy costs? All things to find out before you start a loan as an independent entrepreneur.
Do you want to be sure that the loan fits in perfectly with your wishes and personal situation? Then contact an experienced credit specialist from the National Credit Checker.