Borrowing money as a freelancer is often not done quickly, yet there are good opportunities. There are special platforms where they welcome independent entrepreneurs with open arms. Do you need money for investments such as a car or do you need money for your house, or do you want to invest in your company, there are plenty of options. Even if, for example, you want to borrow money quickly as a freelancer.
Borrowing money as an Independent Entrepreneur
Applying for a private loan as a self-employed person at the bank is often not done quickly. If you want to make it more likely for a loan, you can now also look at crowdfunding. There are now many platforms in the Netherlands where you can borrow money as a self-employed person.
One of the best opportunities is currently made at Nederlands Credit Collective. Here you can go as a freelancer. They offer loans from established banks. You can go there for a normal consumer loan but also for a business loan. The conditions for independent entrepreneurs and self-employed persons are that the company has existed for at least 3 years and you must provide the official annual figures for the past 3 years.
You can also request a special loan for self-employed people through Lendico. But this only applies to corporate loans. To apply for a personal loan from Lendico, you must meet these conditions. In this case you must have a minimum of 50000 euros in revenue per year, and be an entrepreneur for at least 2 years.
Borrow money fast ZZP
As a self-employed person borrowing money quickly is also possible. You can request a mini loan immediately. You will not be asked for much data. You often have to pay back those mini-loans within 1 or 2 months and are relatively expensive.
Recently, there are also other options such as a loan for self-employed. There is BusinessCashLend. Here you can also borrow large amounts, with a term of 6 or 9 months for example. These loans are also more expensive than normal loans. You pay a standard interest rate of 17 to 25 percent and on top of that also a 2.5% administration fee. If you need a loan quickly, it is therefore quite expensive, but the advantage is that you do not have to do paperwork. For example, you do not need an annual report, for example.
To be eligible for a loan at BusinessCashLend you do have the condition of a minimum of € 75,000 + revenue per year. If you cannot manage that, you can also consider applying for a self-employed loan with Creditvolt. You do need customers who pay by debit card. You pay back the loan through debit card payments. Creditvolt provides credit ranging from € 3,000 to € 250,000 with a term of 3 or 6 months. Based on what best fits your situation. Repayment is flexible and automatic via a fixed percentage of your daily PIN turnover. If you run a higher turnover than average on a day, you pay faster. If the turnover is lower than normal, you pay less.
Pinvoorschot is another company that offers the same type of loans as Creditvolt. Here too you can go for a loan, as long as you have cash flow. With Pinvoorschot, this can only be done through customers who pay by pin; with Creditvolt you can do this via debit card payments but also via invoicing.