If you’re self employed, getting finance will be very different compared to if you’re on employment income. In today’s video, I sat down with Will Bell who is a Mortgage Broker based in Melbourne to discuss the ins and outs of getting a loan if you’re self employed.
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⌚️Timestamps
0:00 Getting a Loan If You’re Self Employed
0:51 What are the Key Differences for Self Employed finance?
1:59 What Documents do you need to supply?
2:31 How long do you need to be in business before getting finance?
3:13 How long does the process take?
5:50 The Value of a Mortgage Broker
8:33 How to know how much income you need
10:05 Getting Your Finances Organised for Success
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Ethan 'Rooshock' (Rucioch) is an Australian business owner in his late 20's. He is the owner and director of Rooshock Accounting, an accounting firm. He is also the creator of an NFT project, Rooshocks. In his spare time, he enjoys travelling, spending time with his family and watching countless hours of sport. On this channel you will find a range of different content, including personal finance, business advice, tax tips, crypto tax tips, NFT discussions and even Ethan analysing some popular TV show businesses from an accountant’s perspective.
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Disclaimer
Every effort has been made to ensure that the information in this video is accurate. The information in this video and on this KZread channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial, legal or tax advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks NFT Pty Ltd or any other related party may receive a commission through these.
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#selfemployedloans #selfemployedfinance #loanselfemployed