How to get a loan (in uk) to start as self employed?
I`m 24 years old. i`ve been living in uk for 7 months (i`m from netherlands). i really wanna
register as self employed entertainer and event speaker, but i will need 70 000 sterling pounds to get started.
the thing is that after graduating university, i have been using my time to educate myself as entertainer and speaker, meanwhile working on and off different unrelated jobs. i have
finished my business and marketing plan.
where / how it would be possible in uk to get such a big loan, if all i have is my business plan and few testimonials.
i am
not a homeowner. plus, i`m a foreigner.
what else should i keep in mind?
thank you all
Answer
£70,000 is a huge sum to expect any financial institution to lend you, if you have no collateral.maybe you could approach a bank but i dont fancy your chances.