Self-employed loans

We may be able to help you find a self-employed loan from our wide panel of lenders.

  • Personal loans from £1,000 to £15,000
  • Instant online decision
  • Getting a quote is FREE & won’t affect your credit score

Representative Example: If you borrow £1,000 over 18 months at an annual interest rate of 79.5% (fixed), Representative 79.5% APR, you would pay £85.52 per month. The total amount repayable will be £1,539.36. Rates from 13.5% to 99.9% APR, which allows us to help customers with a range of credit profiles.

Can I get a loan if I’m self-employed?

Yes. It might not be quite as easy, though. As lending regulations have tightened, self-employed people have found it more difficult to get accepted for a loan. That's because lenders have to look more closely at affordability before saying yes to a loan application. Simply put, if you’re self-employed, it can be harder to prove you’ll be able to make your repayments. But don’t worry, we can still search our panel of lenders to find the best deal you're eligible for.

Self-employed loan requirements

Any responsible lender will check that repayments are affordable before accepting a loan application. This is why you'll need to provide proof of income. For self-employed people, this could mean up to three years' worth of bank statements.

As your self-employed income may be variable in terms of amount and frequency, some lenders will see you as a higher risk.

At Ocean, we judge each application on its own merits. You can get a quick quote right away to see whether or not you'd be accepted - and checking won't affect your credit score.

All we need to know to get started is:

  1. How much you want to borrow and for how long
  2. A few personal details like your name, address and job.

Then, we’ll pop the info you give us into our eligibility checker and give you an answer straight away.

How could we help you?

Ocean has provided access to loans, credit cards and mortgages to people across the UK since 1991. In this time, we’ve pre-approved more than a million people, offering products and advice to suit their circumstances.

  • All credit histories considered

  • Check your eligibility without affecting your credit score

  • Save time finding the right loan deal

You can learn more about Ocean on our about us page.