Business Loans for the Self-Employed
The journey to business success presents unique financial challenges for self-employed professionals, who need specialized and flexible financing options. At Camino Financial, we understand the unique challenges you face. That's why we've tailored our business loan for independent entrepreneurs. Whether you're looking to expand, invest in new equipment, or simply boost your cash flow, we're here to help your business thrive.Why You Should Invest In Your Business
As a self-employed individual, investing in your business is critical as it underpins both its immediate success and long-term sustainability.
Investing a loan signals commitment to your business's future, attracts customers, and maintains a competitive edge. It also prepares you for unforeseen challenges by creating financial buffers and enabling adaptability.
Moreover, investing encourages a cycle of continuous learning and innovation, essential for staying relevant in a rapidly changing market.Our Business Loans for the Self-Employed
Varied loan amounts
Fixed
Interest rates
Repayment terms
Why Choose Our Loans for Self-Employed Business Owners
Navigating the financial landscape as a self-employed entrepreneur, independent contractor, or freelancer is easier with the right support. Camino Financial understands that no two businesses are the same, so we offer customized loan options to meet your unique financial circumstances and business goals. We are committed to providing a loan solution that aligns with your specific needs. With us, you're not just getting a loan; you're gaining a financial partner invested in your success and growth.Our Basic Business Loan Application Requirements
✓ Have an SSN
✓ Business in operation for a minimum of 12 months
✓ Annual sales above $30,000
✓ Current on outstanding credit obligations
✓ No filed tax liens, judgments, credit freezes, or bankruptcies in the past 24 months
✓ Must operate within permitted industries and states
Compare Financing Options
Amount Loan Payback Period Minimum Score1 Min. Time in Business Min. Annual Income Collateral needed? Camino Financial $10,000 - $50,000 24 months 670 12 months $ 30,000 NO Other Business Term Loans* $10,000 - $30,000 3 - 36 months 680 2 years $ 200,000 YES Line of Credit* $10,000 - $1M Varies 630 1 year $ 180,000 YES Merchant Cash Advance* Up to $500,000 3 - 12 months N/A 1 year $50,000 NO Invoice Financing* Up to 90% of the invoice value Varies 500 1 year $ 130,000 YES Benefits Of Choosing Camino Financial
● A 100% online application process ● Competitive and fixed interest rates ● We’ll safeguard your private information ● Early prepayment incurs no extra charges ● A top-tier customer support team ● Transparent processing fees with no hidden chargesHere's What Our Customers Are Saying
Join 9,000+ people choosing Camino Financial
Anthony Williams
“This was the best loan application experience ever. Other financial institutions need to take a look at how Camino delivers and operates...”Bernie Bravo
“...Camino Financial was great to work with and I love how they determined the loan amount based on my personal guarantee.”Rubert Velasquez
“...Camino is the best I’ve encountered so far. They’re always there to help and really make things happen in a professional, timely manner. Thanks Yvette!”Ways Self-Employed Entrepreneurs Can Invest a Business Loan
1
Essential Tools and Equipment
Purchase specialized tools or technology to enhance product quality or service delivery.
2
Upgrade Infrastructure
Improve your physical or digital workspace for better efficiency and customer experience.
3
Expand Marketing and Branding
Allocate funds towards marketing strategies to reach more customers and grow your brand.
4
Increase Inventory or Services
Buy inventory in bulk or introduce new services to attract more customers.
5
Hire Freelancers or Part-time Employees
Invest in part-time help or freelancers for tasks outside your expertise, freeing up your time for growth-focused activities.
6
Professional Development
Enhance your skills and knowledge through courses or certifications relevant to your business.
Convenient loan management.
Get a visual overview of loan status. Track payment history and request more capital through your personalized member account portal.How To Apply for Business Funding
FAQs
Yes. As a BBB-accredited business with an A+ rating and an average of 4.2 stars across more than 400 reviews prove it.
Camino Financial uses the same technology that banks use to protect your private information.
Have a Social Security Number (ITIN is not accepted).
Business must have been operational for at least 12 months.
A credit score of 670 or higher is required.
Specialty Trade Contractors with a FICO score of 650 or above.
Must have annual sales exceeding $30,000
Must be up-to-date on all existing credit responsibilities.
No record of tax liens, judgments, credit .freezes, or bankruptcies in the last 24 months
Not operating in prohibited sectors.
No businesses that have secured an HCD loan within the previous 90 days.
Not located in HI, NJ, PR, MI, NV, or the Caribbean Islands.
No, you need to be a United States citizen with an SSN to qualify for a business loan through Camino Financial.
No, we cater our business loans to businesses that have established credit history.
No, we don’t require any type of collateral, only a UCC lien.
Camino Financial does not extend small business loans to businesses operating within these industries: Transportation, Warehousing, Real estate, Financial investing or processing, Cannabis industries, Adult entertainment, Car dealerships, Credit unions, and other sectors Specialty Trade Contractors require a FICO score of 650 or above. No businesses that have secured an HCD loan within the previous 90 days. Not located in HI, MI, NV, NJ, PR, MA, NY, ND, OH, PA, or TN; plus IN, NE, or WV for Sole Props. *Other loan options are reviewed on a quarterly basis
