If you own 25% or more of a business the bank would consider you to be self employed and would require you to provide the below as proof of your income.
We will need to see:
- 3 years Full audited accounts/Non audited accounts (no draft copies of accounts will be accepted).
- 2 years Full audited accounts/Non audited accounts (no draft copies of accounts will be accepted) and a projected 3rd year (Provided by an Accountant).
- If you have been self-employed for less than 2 years you will not be eligible for a Personal Loan, unless your previous occupation was related to your current profession.
Your accounts will be sent back to you by First Class Post.
To prevent any delays please do not apply until you have the above.