Personal Loan for Self Employed

Building up your own business requires you to travel a path full of hurdles. It is tough for any new venture owner or self employed individual to drive investments into its business. Take it for granted that it is tough to apply and approve a personal loan for self-employed in comparison to your salaried counterpart. Constant market fluctuations, changing demand scenarios and even accidents can turn the course of your business without the right financial backup.

At times of emergencies, instant loans for self employed are much more effective in bringing you back at the level you were at. It works even at times of small renovations, buying a new office space, or any personal reasons. A self employed person can avail personal loans until he/she is having a good credit score or loan payback record. Also, it would be great if you can show the financial institutions a solid proof of your earnings and continuity of business.

Stashfin loan app brings you out of any financial pothole with instant credit approval and easy documentation procedure. Established as a trusted partner to many lending agencies, Stashfin is one of the well known names in providing instant personal loan for self-employed. Stashfin always lets you stay way ahead, with easy payback options, and a lot of other benefits bringing back your confidence as a successful businessman.

Eligibility Criteria for Personal Loans for Self Employed

Stashfin has always kept its customers ahead of every aspect. Understanding the need for those self-employed individuals who rarely have a say while applying for a loan in banks and financial centers. The eligibility criteria are too easy to meet and keep you away from all the hassles.

  • The age bar slab is from 18 years. You are eligible if you are aged atleast 18 years and above.
  • Income Tax should be submitted by the self-employed person.
  • Self-employed person should be filing GST Returns.
  • Proof of business ownership, and continuity.
  • Bank statements of the past 6 months.
  • Audited financials from the previous two years.
  • Office address proof.

Personal Loans for Self Employed Features & Benefits

Surely, several financial institutions are ready to provide you with a credit amount as high as 10 Lakh or even more. But, when it comes to the reality that you need to go through all the documentation, paying additional processing fees, even for a high interest loan amount. This is tough and often doesn't assure you of the best results. Once your application is rejected, you will be unauthorized to apply for a loan, for a minimum of 3 months.

Stashfin brings a range of features that makes, an instant personal loan online for self employed the most reliable and hassle free one. Here are some highlights of the best features by Stashfin,

  • No more waiting for long hours and weeks to get your loan approved. Private loan on Stashfin is approved instantly within minutes giving you instant on spot decisions.
  • The bickering situations of unknown interest rates, or higher/irrational interests is well tackled with Stashfin. Get the lowest interest rates as per the market standards.
  • You are relieved from the burden of a long documentation process. Get your loan approved with the least possible documentation process with Stashfin.
  • Stashfin brings you a transparent credit option. You pay what you see on your screen. No Hidden charges applied.
  • Transforming the entire crediting process digitally saves you a lot of time. Download the app or log in through the website to instantly apply.
  • Secured payment gateway and encrypted customer database ensure your security, leaving no stone unturned in the process.

So what are you waiting for? Download the app, apply for personal loan for self-employed, upload your document and get your loan approved instantly.