2 min read
A flexible cost base
Many construction, creative and tech companies run largely on subcontractors or freelancers rather than employees. That is a normal, fundable model — costs flex with the workload, which can protect margins in quiet periods.
What lenders look at
The same fundamentals: evidenced turnover, affordability and conduct. Subcontractor payments show as outgoings; the lender simply reads your net cash flow. A lean, flexible cost base can read favourably.
Applying
Show your trading and net cash flow, then apply online.
Frequently asked questions
Does having no employees, only contractors, affect my loan?
No. Lenders assess cash flow, not your labour model. A contractor-based cost base is common and can even help margins.
Are subcontractor costs treated differently from wages?
They are outgoings the lender reads in your cash flow, like wages. What matters is the net position and whether it supports the repayments.
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