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Are You an Independent Contractor and Need Cash? Let SKYDAN Equity Partners LLC Help!

Why Lenders Treat Independent Contractors Unfairly Independent contractors are treated unfairly when they apply for bank loans because they don’t have the same type of documentation as people who get their income from a standard employer. As an independent contractor, you may be unable to provide lenders at the bank with any type of employment agreement. With less certain proof that you will have a stable income for the foreseeable future, independent contractors are seen as a greater risk for lenders. You must demonstrate that your wealth and income are stable enough for the risk to be worth it, and that requires you to arrange a massive file of paperwork that is much more difficult to collect than the documents needed by someone with a traditional employer. This makes it difficult for some independent contractors in Chicagoland to find tax lien relief. […]

2019-11-05T16:33:25+00:00

What’s the Difference Between Home Equity Loans, HELOC, and SKYDAN Equity?

If you have equity in your home, there are many ways to unlock the wealth you have stored there. You can try to apply for a home equity loan or Homeowner Line Of Credit (HELOC), but most banks have a process that can make it very difficult for individuals with a poor credit score to get approved. SKYDAN Equity Partners, however, does not care if you have a bad credit score, high debt, a job loss, or tax lien, and they can help you unlock your home equity with their unique program. […]

2019-11-05T16:34:37+00:00

I Have a High Debt-to-Income Ratio — What Are My Options?

Trying to stay afloat with debt looming over your head feels like trying to escape from a sinkhole. To address your financial struggles, you may have attempted to obtain a personal loan, only to be shot down by banks because you have a high debt-to-income (DTI) ratio. Don’t they understand why you are seeking a loan in the first place? You’re trying to fix this. […]

2019-08-21T17:54:06+00:00
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