Are you looking to get money today for your business? We can offer you up to $5,000. No collateral no Fico. So stay till the very end and let’s dive into Cash Advance for Gig Workers, Freelancers, and Self-Employed Instant Funding.
Cash Advance for Gig Workers, Freelancers, and Self-Employed Instant Funding
So if you need money right now, you are a business owner, you are self-employed, or you are a gig worker and you get a 1099 at the end of the year rather than a W2, then this article is for you.
How to Get a Instant Cash Advance for Gig Workers and Freelancers
So let’s talk about how you can get $5,000, no collateral, no credit right now. So there are over 10 million self-employed people in America, there’s over 57 million gig workers in America and this trend of gig worker is going to increase to 78 million by 2017.
More and more people are working from home, they are working for themselves. There are over 250,000 graphic designers in America. There are over 150,000 photographers in America. These professional people are working for themselves.
They are doing gig work. They’re doing contract basis. Short term business business arrangements and they get money through 1099 income All right, so they have customers and/or they have clients.
Cash Advance for Gig Workers, Freelancers, and Self-Employed Requirements
Now here are the requirements for up to $5,000. So, if you are getting four deposits for your business every single month, that is the most important requirement.
We don’t care about your FICO. It’s about cash flow, and if you’re getting consistent revenue from your business, you don’t have to have a business checking account.
But if you’re doing those four deposits every single month and you’re doing at least 3000 a month with your business the last three months then that is great. That is really good. You have to be in business for at least six months or longer. And that’s pretty much it.
Our Instant Cash Advance for 1099 workers is based on your revenue, not your credit score. It’s not how much collateral you put up or anything like that.
How Much Gig Worker Freelancer Cash Advance Can I Borrow?
We can lend you up to 25% of your monthly revenue. So if you’re doing $5000 a month with your business and you’re doing the four deposits a month, then we can lend you up to $1,250 within 10 minutes.
It is an automated application. It is going to redirect you to the right program. We also have programs where you can get up to $25,000 the same day, if you’re doing over $5000 a month and you have a business checking account.
So keep that in mind as well if the application redirects you to that program, as well.
We also have a business advance of up to $2 million in three to five days, but we’re not going to get into those requirements. But if your business is doing over 15,000 a month, then you will be redirected to that one if your FICO is over 500. But we’re just talking about the instant cash advance today.
Other Cash Advance for Gig Workers, Freelancers, and Self-Employed Requirements
The other thing that you have to look out for is for one, we are not in New York or California at this time. Number two, you can’t have more than five negative bank days in the last 90 days.
We’re looking for consistency in your bank. You can have a personal checking account for your business, that’s fine, but we want to see consistent cash flow.
We don’t want to see too many negative days where you didn’t make anything. You need to have at least four deposits a month into your bank account for your business. Your revenue can’t come from a job.
So that’s pretty much self explanatory. This has to be business revenue. I think that is pretty much it. The terms are three to six months. So you pay it back automatically through ACH through your checking account.
So if you need the money now, it can be a Saturday or Sunday or any day of the week. It could be at midnight or two in the morning. If you need the funds really fast because you have an emergency.
How Can You Use a Cash Advance for Gig Workers, Freelancers, and Self-Employed
You can use the money any way you want. If you are a food delivery driver and got a flat tire, or your laptop gave out or you need a new camera for your photography business this can help.
Even people who are in the network marketing industry that want to run advertising and they don’t have that additional income to run ads right now, but they want to boost their revenue, can access the money.
How Much Cash Can I Borrow as a Gig Worker or Freelancer?
They want to grow their business. They want to expand if they are doing at least 3000 a month. Then they could get up to about $750 they could run Google ads, Facebook ads, whatever for your business. Alright, so just fill out the application it’s not going to affect your credit score. And in five minutes you will find out if you are pre approved or not.
Now if you do qualify for the Instant Cash Advance it will prompt you to connect your bank account and then the system will analyze your bank account and then if you qualify, you can get the funds right away and use them right away.
Then the payments will happen right away. Daily repayments. The factor rate is 1.19 to 1.69. You can pay it off early and you can always draw more and more money. So I hope this helps you a great deal. Click the link under here to apply. Thanks for reading this blog post and please share it on social media along with your experiences!