Introduction:

At First Aid Finance, we recently helped Hannah, a cosmetic nurse who was struggling to purchase a new vehicle for her business due to her recent switch to self-employment and lack of tax returns. Despite being asset-backed and a professional health specialist, Hannah could not secure financing from other lenders. She also wanted to ensure she could access a competitive interest rate that reflected her profession as a nurse. We listened to her concerns and were confident we could find a solution that met her unique needs.

The Challenge:

We recognised that self-employed individuals like Hannah often face obstacles when trying to secure financing. In Hannah’s case, her recent switch to self-employment and lack of tax returns presented further challenges. In addition to these, she was also looking for a specialised interest rate that reflected her profession as a nurse.

The Solution:

We took the time to understand Hannah’s unique situation and worked closely with her to identify a specialist lender who was willing to work with her despite her recent self-employment status and lack of tax returns. We also identified a specialised interest rate reflecting her nursing profession.

We carefully assessed Hannah’s financial position and demonstrated to the lender that her assets were sufficient to secure financing for her new vehicle. We were able to secure financing for her without requiring any additional documentation to prove her income or business assets.

Results:

Thanks to our tailored solution, Hannah was able to purchase the new vehicle she needed to support her growing business. She was also able to access a specialised interest rate that reflected her profession as a nurse, lowering her costs even further.

We were delighted to have played a part in helping Hannah overcome the challenges she faced and providing her with a tailored solution that met her unique needs.

Conclusion:

At First Aid Finance, we understand the challenges that self-employed individuals face when trying to secure financing. We strive to provide customised solutions that meet the unique needs of each of our clients, even in situations where traditional lenders may not be willing to work with them. We were proud to assist Hannah, a cosmetic nurse who faced obstacles in purchasing a new vehicle for her business due to her recent switch to self-employment and lack of tax returns. We encourage other self-employed individuals in similar situations to consider First Aid Finance as a lender of choice. Our expertise and experience can help you find a tailored solution that meets your needs.