Self-Employed and Need a Loan?
If you’re like many self-employed business owners, you already know how tough it can be to secure a conventional financing. When you call a bank and ask whether they’ll be able to finance you based on your stated income, you may be used to hearing the word “No.” But the fact is that stated income borrowers are really what’s driving the economy right now. Stated income borrowers can include: Small business owners Realtors® Doctors Lawyers Business consultants Writers Real estate investors Unfortunately, traditional lenders make it tough to borrow when you own your own business. That’s true even if you