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Showing posts from April, 2013

Loans for self employed

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Jeanette was self employed. She was a retired teacher who had started teaching special education courses on good parenting to young parents in her local community. Her business had done reasonably well. At least well enough to pay for all her meager post-retirement needs. In fact, of late, her business seemed to be picking up. Parents were asking for more training sessions and more training material. She had begun to put in more hours and now she needed to print more training material. For printing the material, she wanted a small loan. She wondered whom to approach. Janet was uncomfortable with the idea of going to her bank and asking for the small $400 loan she needed. Whom should she go to? What exactly are these self employed loans? These are small loans that are given for short periods to someone who is self employed and perhaps needs a little help to move even further forward. These loans are given without collateral or security deposits! They are also often