Brief summary
Self-employed people face particular challenges. At Qred, we offer quick and easy loans for entrepreneurs, regardless of how long they've been self-employed. It only takes a minute to apply, and the money can be withdrawn the same day. Loans are available for all industries as long as the necessary cash flow is available. Important requirements include the separation of private and business finances and the prevention of insolvency.
How do I find loans for self-employed people?
As a self-employed person, you often face different challenges than employees or limited liability companies. You have full responsibility for your company and must take care of all aspects of the business. Sooner or later, there will almost always be a need for funding — especially during the start-up phase or when you want to expand.
At Qred, we work with entrepreneurs from all industries, many of whom are self-employed. When short-term liquidity is required, we're here to help. It only takes a minute to apply, and the money can be in your account the same day. The application is free of charge and non-binding. You decide whether to accept the loan by confirming it with your identification service.
How long do I have to be self-employed to get a business loan?
It doesn't matter how long you've been self-employed. We also lend to start-ups. The only important thing is that your company has the necessary cash flow to repay the loan. Never take more business loan On what you can handle, and think carefully about how you want to use the money.
In which industries can self-employed persons obtain business loans?
We lend money to companies in all industries. From restaurants to hairdressers, gyms, workshops and consultants — we have supported entrepreneurs from a wide range of sectors. We also welcome inquiries from niche industries we may have never heard of!
Self-employed people and their characteristics
As a self-employed person, you are personally responsible for all business obligations. You must separate your personal and business finances. Your private tax number also serves as your company number. When you apply for a business loan, simply provide your personal tax number. Note, however, that the business credit may only be used for operational purposes.
Requirements and risks
To register as a self-employed person, you must not be in bankruptcy or foreclosure. One disadvantage of self-employment is personal liability with private assets, which entails a higher risk.
The next step: From self-employment to limited liability company
If your business grows, it might make sense to choose another legal form, such as a GmbH. This offers the advantage of limited liability and may be necessary for a certain company size.