What Are Personal Loans For Self-employed? You can also take out a small business loan to cover business expenses, which are still considered personal loans. Here are some types of personal loans for the self-employed to get you started. Reasons For Getting A Personal Loan For The Self-employedHere are some reasons why self-employed people take out a personal loan. An alternative to a payday loan – Compared to payday loans, personal loans have longer repayment options and lower interest rates.

Source: Forbes November 30, 2021 22:53 UTC