---
title: "Can I apply for a business loan if I’m a freelancer or self-employed?"
description: "Yes, you can! Freelancers or self-employed individuals in the UAE are eligible to apply for a business loan. However, there are some specific requirements in terms of eligibility criteria and documents. To receive approval, you generally require: - A business…"
url: "https://yazodo.com/help/business-loan/can-i-apply-for-a-business-loan-if-im-a-freelancer-or-self-employed/"
updated: "2025-12-03"
category: Business Loan
tags:
  - Application Process
  - Business Loan
  - Eligibility
---

# Can I apply for a business loan if I’m a freelancer or self-employed?

Yes, you can! Freelancers or self-employed individuals in the UAE are eligible to apply for a business loan. However, there are some specific requirements in terms of eligibility criteria and documents. To receive approval, you generally require:

- A business that has been in operation for the past 1-2 years. 
- Minimum annual turnover of AED 1 million. 
- Business bank statements of the past 6 to 12 months.
- A valid business or trade license
- VAT Report Last 4 quarters