Do you need fast cash for your freelancing business? Are you a freelancer who needs emergency funds like yesterday? We offer up to $5000 freelance cash advance no credit check 247. You can use this money to keep your freelancing business going or to expand. Let’s dive into this useful option for freelancer funding!
What is a Freelancer?
A freelancer is someone who works on a contractual basis or performs a short business task and earns 1099 income rather than W2 income from a job.
Common freelancer jobs are graphic artists, software programmers, musicians, photographers, even food delivery drivers can be considered freelancers or gig workers.
There are over 10 million self-employed people in the U.S. and over 57 million gig workers. Gig workers are exploding and are projected to hit 78 million gig workers by 2027.
What is a Freelance Cash Advance?
Freelancers, just like gig workers, sometimes need fast working capital to pay for unexpected business expenses. However, over 30% of business owners don’t have a business checking account, and almost all lending institutions require a business checking account in order to get a business loan.
This growing freelancing and gig economy is creating a demand for alternative fintech lending solutions. No longer are banks your only solution in getting a business loan.
With Fintech business funding you can apply online and usually receive a decision in a matter of minutes instead of days or weeks through the traditional lending route.
A freelance cash advance is exactly that: it’s an advance on your future business revenue. That is why there are no FICO or collateral requirements when applying for a business cash advance. The consistency of your business revenue seals the deal typically.
Who Can Use a Freelance Cash Advance?
The easiest way to explain who can use a freelancing cash advance is someone who works for themselves and makes at least four business deposits per month into their checking account. We will cover all the requirements a little later.
There’s over 250,000 graphic designers in America, over 150,000 photographers, and 39 million caregivers. . .
There are over 2 million Doordash drivers and 2 million Uber & Lyft drivers who can qualify for an instant cash advance for drivers -if they make at least four business deposits per month, equaling $3,000 per month or more.
Anyone who makes income on a 1099 contractual basis can apply for our instant cash advance. Even network marketers can get an instant advance if they make four deposits and make over $3,000 per month in business income.
Why Use a Freelance Cash Advance
Most businesses are just getting by with what they make. There is no extra capital lying around if an emergency arises or they want to expand their business.
Example: if your business does $5,000 per month but your bills (overhead) is $4800 per month, that only leaves you an extra $200 of working capital per month.
What if you are a landscaper and your lawn mower breaks down on a Saturday morning? Banks are closed and your credit cards are maxed out. You could apply for this business advance and get the money into your checking account in a matter of minutes 24/7.
Can I Get a Freelance Cash Advance with a 500 Credit Score?
Banks usually won’t even consider giving you a business loan unless your credit score is above 740. If you are lucky you might find a business loan with a 680 score, but they will treat you like trash in the subprime market.
With our instant freelancer advance, you do not need a credit score at all! We are solely looking at the consistency of revenue you are putting into your checking account. It doesn’t even matter if you use a personal checking account for your business.
Instant Cash Advance Requirements
Okay, so here are the requirements, super straightforward: Need to be doing at least $3,000 per month in business revenue the last three months, be in business for six months or longer, and make at least four business deposits per month.
We do not currently offer this in New York or California at this time, but our other business advances are available if you have a business checking account, and doing over $5k per month with your business.
Here are all the requirements for a Freelance Cash Advance in detail:
How to Get a Freelance Advance Instantly
Our application is automated, all online, and just by answering a few questions, you will be directed to our instant cash advance platform if your requirements indicate that’s the advance you qualify for.
If you get a pre-approval amount and you accept it, you will be asked to connect your checking account to our money transfer service, which even the IRS uses, so it is completely trustworthy.
You will need an online bank account that our service accepts. We cannot accept debit cards issued by your company, like Doordasher Cards. It needs to be an online checking account through a bank institution.
Conclusion for Freelance Cash Advance No Credit Check 247
Getting fast cash for your business 247 has never been this easy. In fact, there is no other lending company that offers instant funding. Most other companies still take a day or two to get you the funds. Thanks for reading! Please click the link below to apply and good luck to you.