Finance if you are self-employed

If you are self-employed and looking for car finance, you may be wondering if this is possible and if you can apply for finance. There are a few things to consider and it might be a little trickier than being employed, but it is still possible. 

A large part of finance is the lender making sure you have the means to pay back what you have borrowed. Being self-employed of course does not mean that you will be unable to do this, but it does mean it might be a little trickier to prove it, especially if you made the transition recently. 

Lenders will ask for your income and possibly proof of it, which can be less that straight forward when you are self-employed. However, there are ways around this and you shouldn’t let it deter you from looking for car finance. 

The best thing to do is to speak to an expert and have them look into it for you, we have a whole team of finance experts at Hilton Garage, so make sure you get in touch. 

Car finance comes in different forms and there are different lenders to choose from, so there isn’t a one size fits all approach when it comes to this. 

Financing a car can be a great option for many people as it can offer more freedom and choice than buying a car outright. If you are curious and want to find out more, we have a huge range of used cars at Hilton Garage, so whether you want to get from A to B or want to find something a little more swish, the team will be able to find something to suit. 

Find finance if you are self-employed at Hilton Garage in Derby.