We may be able to help you find a self-employed loan from our wide panel of lenders.
Ocean Finance is a trading style of Intelligent Lending Limited. We are a credit broker working with a panel of lenders to find you a personal loan. The APR you are offered will depend on your individual circumstances. Rates between 13.4% APR and 99.9% APR. Repayment terms between 1 and 5 years.
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.
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:
Then, we’ll pop the info you give us into our eligibility checker and give you an answer straight away.
You can learn more about Ocean on our about us page.