Online loan calculator for the self-employed
Find out in just a few moments how much your monthly repayments will be for your loan as a self-employed person. Simply enter the desired amount and the loan term into our loan calculator.
In just a few steps to
suitable loan
1.
Calculate your
credit and
leave your
details.
2.
We get in touch with
you in contact
and clarify the
most important questions.
3.
We find
the bank with
the best
Conditions.
4.
You will receive
the right one
Loan.
Loans for the self-employed in Switzerland: eligibility criteria, required documents and the application process
At what point are self-employed people eligible for a personal loan?
As a self-employed person in Switzerland, you can obtain a personal loan if you have been self-employed for at least 24 months exists and is entered in the commercial register (Zefix) and can be verified. This applies to sole traders as well as to owners of a GmbH or AG. The reason: the bank cannot verify your income via payslips, but only via the Final tax assessment – and that information is only available after a full financial year.
Important: credXperts acts as an intermediary Personal loans (Consumer loans under the Consumer Credit Act) for the self-employed. The money can be used for any purpose – for example, to pay back tax arrears, buy a vehicle, pay off expensive loans or as a stopgap. Your commercial bank is responsible for loans intended purely for your company’s operating or investment needs.
Requirements at a glance
- Self-employed for at least 24 months, registered with Zefix and verifiable
- Detailed tax assessment for local and cantonal taxes
- Residence in Switzerland – Swiss passport, C permit or B licence for at least 24 months
- Age up to 65 years
- No outstanding debt enforcement proceedings or certificates of loss
- Portable budget in accordance with Creditworthiness check according to KKG
What documents do you need?
- A copy of your passport or foreigner’s identity card (front and back)
- An extract from the Commercial Register or your company’s Zefix entry
- Final tax assessment (local and cantonal taxes) – the provisional tax bill is not sufficient
- Tenancy agreement or – in the case of home ownership – mortgage agreement or quarterly statement showing the amount and interest rate
If any documents are missing, we will let you know exactly what the bank still needs once you’ve made your enquiry. This will help you avoid follow-up enquiries and delays.
How much credit can you get as a self-employed person?
The loan amount is determined in accordance with the Consumer Credit Act (KKG). The bank takes the income stated on your tax assessment and deducts the minimum cost of living, housing costs, taxes and existing financial obligations from this figure. The loan must be repaid within 36 months using the remaining amount – even if you choose a longer term. For homeowners, the bank calculates housing costs at 3 % of the mortgage amount per year.
Example: CHF 30,000 over 60 months at an effective annual interest rate of 5.8 % results in a monthly instalment of around CHF 577 and interest costs of around CHF 4,630 over the entire term. You can calculate your personal instalment above using the Credit calculator.
Why self-employed people are often turned down – and how to avoid this
- Self-employment that is too short: Banks will generally turn down applications for loans with a term of less than 24 months. Please wait for the second final tax assessment.
- Low taxable income: Claiming a large number of tax deductions also reduces your creditworthiness. The income stated in your tax assessment is the decisive factor.
- Debt recovery: Outstanding debt enforcement proceedings or certificates of loss will result in your application being rejected by all banks.
- Multiple enquiries at the same time: Every bank enquiry is processed by the ZEK visible. You submit a single enquiry via credXperts – and we’ll select the right bank for you.
Frequently asked questions about loans for the self-employed
As a self-employed person, can I get a loan after just one year?
Not usually. Banks require a minimum of 24 months’ self-employment, which must be verifiable via Zefix and your tax assessment.
Is the provisional tax assessment sufficient?
No. The final assessment of municipal and cantonal taxes is decisive.
Can I pay an outstanding tax bill with a loan?
Yes. A personal loan can be used for any purpose – provided that the repayment is affordable in accordance with the Consumer Credit Act (KKG).
Can I pay off existing loans?
Yes. Find out more on our website Refinance a loan.
How much does the agency charge?
Our credit advice is free of charge and without obligation for you.
What are the advantages
of our credit counselling?
Advice on credit matters
Whether applying for a loan, cancelling a loan or adjusting your credit rating. We will find the right loan for you with a suitable term and a reasonable monthly instalment. Our credXperts will advise you on all credit matters.</span
Comparisons of the various bank offers
Our loan experts compare the interest rates of different loan providers,<br to find the best offer for you.
Processing from A to Z
As soon as you apply for a loan with us, we take care of everything until you receive your loan. From the enquiry with the right bank to the disbursement of the desired amount. We are also your first point of contact for any concerns after the money has been paid out.
How do we proceed with a credit enquiry?
The credXperts credit advisors first check your creditworthiness by means of a personal credit consultation. Based on this, we determine the best conditions for your financing. Different requirements apply to self-employed persons than to employees - both for owners of a public limited company, limited liability company and freelancers. We will be happy to explain these differences to you free of charge and without obligation in a personal credit consultation.
Loans Switzerland:
This could still be interesting
be for you
As independent credit brokers, we can also find the right personal loan for the self-employed. Our priority is to find a loan that both fits your borrowing budget and offers attractive interest rates.
In order to get the best for you, we rely on personal and comprehensive credit counselling. At the same time, we compare credit offers throughout Switzerland and find the right bank for your corporate loan.
Because competent credit advice is important to us, we have compiled all the relevant information on the subject of loans below.
Credit comparison Switzerland
Would you like to apply for a loan in Switzerland at the lowest possible cost? To help you do this, we offer Credit comparisons at various Swiss banks. And this applies from an effective Annual interest rate (compare here) of 5.8 %.
Prevent credit application rejections with a credit rating adjustment
As soon as you apply for your loan online, we will assess your application straight away. In doing so, we will help you to improve your credit rating (= Clean-up of ZEK entries). This will increase your chances of having your loan application approved quickly and without any complications.
Frequently asked questions and answers about loans in Switzerland
If you would like to redeem your current loan or have questions about the terms "ZEK/CRIF", you will find the most frequently asked questions and answers about loans in our FAQ section.
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Advice in French and Italian
credXperts provides advice throughout Switzerland, including in French and Italian – for French-speaking Switzerland, Ticino and cross-border commuters from France and Italy.