Our self-employed loans could help you afford those seemingly never-ending expenses. Whether you require important house-renovation work, need new business equipment, we’re here to help you secure the funds you need to achieve your financial goals.
We understand that securing finance when you’re self-employed isn’t always easy. With Evolution Money, you can apply for a secured loan for the self-employed of up to £100,000, with lending terms of up to 20 years depending on your circumstances.
We may consider you for a self-employed loan even if you have a poor credit score linked to CCJs, defaults or late payments, or even if you’re on a Debt Management Plan or have previously had an Individual Voluntary Arrangement (IVA). Our qualified mortgage advisors will discuss your financial situation and work with you to find a solution.
To apply for one of our self-employment loans, simply fill out our online form or contact us directly. You can do so by emailing [email protected] or calling 0161 814 9158. Feel free to learn about the other loans we offer and check out the positive reviews left by our customers.
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The service was quick, straight forward and helpful. The customer liaison was friendly and professional.
Friendly & polite staff. Helpful & consistent, willing to help find a solution to meeting my needs.
Very simple process and very quick from application to getting money 4/5 days brilliant
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Apply for a secured loan for the self-employed
Borrowing money can sometimes be more difficult when you’re self-employed but our loans for self-employment might be just what you need. We’ve helped thousands of customers find a suitable loan for them since 2011, from £5,000 loans to £100,00 loans.
The length of your application will depend on your circumstances and in most cases we won’t need to visit your home as we use online valuations, however we do sometimes have to do drive-by valuations. There also might be no need to contact your mortgage company and we’ll never charge you any hidden fees. Speak to one of our qualified mortgage advisors for a no-obligation quote today.
What is a secured loan?
Secured loans, also known as ‘homeowner loans’ or ‘second-charge mortgages’, are loans that are available to those who own their own home and who currently hold a mortgage. This loan is secured against your home, which is used as collateral (or ‘security’), and means that if you are unable to make the repayments in line with the conditions of your agreement, your home may be repossessed.
Prior to taking out a secured loan for the self-employed, we will explain all financial obligations to you in full – including the monthly repayments, interest rates and term. We currently offer variable interest rates on all our loan products.
What types of self-employed loans are available?
There are a few different types of loans for self-employed people in the UK, which include:
- Personal loans for self-employed people are designed for personal use, like home improvements, new cars and debt consolidation.
- Self-employed loans are designed for business purposes, like investing in your premises, buying new equipment or boosting your marketing.
- Secured self-employed loans are ‘secured’ by valuable assets such as property, whereas unsecured loans are not. Offering security can improve your chances of getting finance and accessing higher loan amounts.
We offer secured loans for the self-employed with no guarantor required, and you can use them for a wide range of business and personal reasons.
If you’re looking to obtain credit, our secured loans can be used for a range of purposes
- Carry out home improvements – a great way to invest back into your property.
- Bigger personal items such as cars can be financed using a secured loan.
- Even if you have bad credit, we could still help you with a loan.
If you're looking to obtain credit, our secured loans can be used for a range of purposes
Carry out home improvements a great way to invest back into your property 
Bigger personal items such as cars can be financed using a secured loan 
Even if you have bad credit we could still help you with a loan Why choose Evolution Money for a self-employed loan?
Whether they’re taken out for business or personal reasons, our secured self-employed loans can create opportunities and make your life easier. Our approach means we’ve been able to help thousands of people by finding them a loan that’s right for them. Here’s a few more reasons why you can rely on us:
- We’ve provided finance to over 31,000 customers, offering repayment terms to suit each applicant’s situation.
- We look beyond your credit history and review how you receive your income to assess your situation as a whole, so you could still get a self-employed loan with bad credit.
- We provide you with a thorough breakdown of our loans up front, so you won’t need to worry about any hidden fees.
- We’ve received hundreds of positive reviews from previous customers, which has earned us an excellent Feefo rating and the Platinum Trust Service Award for 2022.
- We’re authorised and regulated by the Financial Conduct Authority and are a member of the Finance and Leasing Association. We’re committed to lending responsibly.
Apply for a secured self-employed loan today
For further questions and advice, please don’t hesitate to contact us on 0161 814 9158. You can also ask us for a no-obligation quote over the phone if you’d prefer to hear from one of our friendly advisors.
For a typical loan of £30,000.00 over 120 months with a variable interest rate of 19.56% per annum, your monthly repayments would be £598.34.
Including a Product Fee of £2,400.00 (8% of the loan amount) and a Lending Fee of £807.00, the total amount repayable is £71,800.20.
Annual Interest Rates ranging from 11.88% to 29.38% (variable). Maximum 50.00% APRC. The loan must be paid back by your 70th birthday. Read more.
Think carefully before securing debts against your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
