Our Services
Sole Trader Loans: Flexible Financing Solutions for Self-Employed Professionals
Why Choose 13Loans for Your Self-Employed Financing Needs?
Fast Approval Process
Get funding decisions within 24-48 hours, not weeks
Personalized Support
Work directly with experienced brokers who understand self-employed business challenges
No Hidden Fees
Complete transparency throughout your sole trader loan journey
20+ Years Experience
Benefit from our deep understanding of independent loans and financing options
Self-Employed Financing Made Simple
Operating as a sole trader comes with its own set of financial challenges, and securing adequate self-employed financing shouldn’t add to your stress. Our team at 13Loans specializes in finding the right independent loans that align with your specific business model and cash flow patterns.
Whether you need capital for equipment purchases, business expansion, marketing initiatives, or managing seasonal cash flow, our experienced brokers will guide you through available options to ensure you receive the most suitable loan terms for your unique situation.
How to Apply
Initial Consultation
Contact us for a free, no-obligation discussion about your financial needs and business goals.
Documentation
We’ll guide you through the minimal paperwork required for your chosen self-employed financing option.
Application Submission
Our team handles the submission process, ensuring your application showcases your business strengths.
Approval
Receive a fast decision, typically within 1-2 business days for most independent loan products.
Settlement
Once approved, funds can be disbursed quickly – sometimes within 24 hours of final approval.
Sole Trader Loans We Offer
As a sole trader, accessing the right financial products can make all the difference for your business. We provide tailored financing solutions for self-employed professionals through a variety of loan options:
Benefits & Features
Loan Options for Sole Traders
Short-Term Financing
Get rapid approval on short-term business loans for self-employed professionals. Perfect for seizing new opportunities or bridging cash flow gaps, with flexible terms from 3 to 24 months.
Long-Term Business Growth Loans
For substantial investments like property purchases, major equipment acquisitions, or business expansion, our longer-term sole trader loans offer competitive rates with repayment periods up to 30 years.
Specialized Industry Financing
Different industries face different challenges. Whether you’re in retail, hospitality, professional services, construction, or any other sector, we offer tailored financing solutions for self-employed professionals that address your industry-specific needs.
Startup Funding Solutions
Launching a new venture as an independent business owner? Our startup-friendly sole trader loans can provide the initial capital you need with terms that accommodate the growth phase of your business.
Eligibility Criteria
While requirements vary based on the specific sole trader loan product, general eligibility criteria include:
- Valid Australian Business Number (ABN)
- Minimum 6-12 months of trading history (varies by loan type)
- Basic financial documentation or bank statements
- Reasonable credit history (though options exist for those with credit challenges)
- Australian residency or eligible visa status
- Minimum monthly turnover requirements (product-dependent)
Not sure if you qualify? Our experienced brokers can assess your situation and recommend the most suitable self-employed financing options, even if you don’t meet traditional lending criteria.
FAQs
What makes sole trader loans different from personal loans?
Sole trader loans are specifically designed for business purposes, often offering higher limits, different interest structures, and tax advantages that personal loans don’t provide. As self-employed financing specialists, we can help you understand these differences.
Can I get a business loan as a sole trader with bad credit?
Yes, we offer specialized independent loans for business owners with credit challenges. While interest rates may be higher, we work with lenders who focus on your current business performance rather than past credit issues.
How long does it take to get approved for sole trader financing?
At 13Loans, we pride ourselves on our quick approval process. Many self-employed financing options can be approved within 24-48 hours, with funds available shortly thereafter.
What documents do I need to apply for a sole trader loan?
Documentation requirements vary by loan type, but typically include business bank statements, tax returns, proof of ABN registration, and identification. Our independent loan specialists can help you prepare the right paperwork.
Can new sole traders get business financing?
Yes, though options may be more limited. We offer specialized self-employed financing products for newer businesses, including secured loans, equipment finance, and startup-focused lending solutions.
What loan amount can I borrow as a sole trader?
Loan amounts range from $5,000 to several million dollars, depending on your business financials, security offered, and the type of sole trader loan you choose.