Self Employed Individuals

Individuals who own their own business, contractors or on commission fall under a different category than people working for a company or corporation on a salaried basis.  These individuals also enjoy certain advantages by minimizing their net income and maximizing their allowable tax deductions and therefore fall under a different category called “Self Employed.”  Generally speaking, the banks don’t like people in the self-employed category. 

It is more difficult to get traditional financing because they are unable to provide the necessary income verification.  If you have a proven 2-year history of managing your credit and finances responsibly, financing at discounted rates are still available.

There are numerous products available as I have strong relationships with a number of different lenders, therefore a discussion of your particular circumstances would be necessary to create the ideal scenario for your situation.