Today we are going to talk about instant cash advances for independent contractors. Now, there are over 60 million independent contractors in America. That is a whopping 36% of the United States workforce, many of which need cash quickly.
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Instant Cash Advance for Independent Contractors
So, what exactly is an independent contractor? It is basically being self employed, but also on a contractual basis as well. Even doctors and lawyers are independent contractors because a lot of work that they do is on a contract, and when the contract is over, then they move on.
But also independent contractors are also Lyft drivers, Uber drivers, anyone that works for themselves and they get a 1099 at the end of the year instead of a W2. It even works well for direct sellers at unique multi-level marketing companies.
So we are going to talk about the instant cash advance for independent contractors, and how you can qualify. So we offer up to $5,000, and you can get this money literally in 10 minutes. The application is automated from application to funds in your bank account within 10 minutes.
So what you are going to do is you are going to connect your bank account, and they are going to verify it and see if you are making consistent cash flow. It is a revenue based advance all right. So there are no FICO requirements, and there is no collateral if you run your own business or franchise.
Instant Cash Advance for Independent Contractors Uses
This is something that you can use for emergencies, expanding your business, and upkeep. If you are an independent driver, you might have a flat and you need an extra $800 right away.
You can have this money in your bank account literally in a few minutes. Plus you can get it over the weekend or 24/7 it never sleeps. It is not like the banks. After the banks close you are out of luck. With this you can get any money you need at any time.
Instant Cash Advance for Independent Contractors Requirements
So here are the requirements: you have to be in business for at least three months, and you have to be doing $3000 a month with your business. This has to be business revenue for the last three months.
We want to see that you have a track record of making money with your business. You might ask why do I need a loan if I am making money with my business?
And that is a good question. But here is the thing, most people are just getting by with their business. So if their bills are $5000 a month, they are making maybe $4,800 a month or $4900, they only have $100 extra each month – they don’t have anything extra as far as working capital goes.
So if there is an emergency or they want a little extra money to expand or do a hiring bonus or to run advertising for their business, they can get it through this instant cash advance.
All right, they are not going to get any more money from their revenue unless they get this money and use it creatively. There are many people that get this advance and they use it creatively, to expand their business and to increase their bottom line.
So the other requirement is you have to make four deposits into your checking account each month from your business. It can’t be W2 income, it can’t be from jobs. It can’t be from switching personal checking dollar amounts into other accounts.
You can’t manipulate this because we are going to look at your bank account, and we are going to see that it is business revenue or that it is not. Alright, many people are making less than $3,000 a month and they still try to apply and that is fine. I probably would do the same thing. But you are not going to sneak past the algorithms. That is just the way it is.
Instant Cash Advance for Independent Contractors Terms
Here is the other thing is that the terms of this instant cash advance are eight to 10 weeks. All right. So if you accept the terms, then your bank account is going to be connected to the money and then also the withdrawals for the advance are going to come out automatically weekly through your banking account.
So that is hands off as well once you connect your account and get the money then it comes out weekly to pay it back. You can always draw more and more so this is almost like a business line of credit.
Now, here is the other thing: if you need more than $5,000, we do have other loan programs, but we use one application for all of our programs. So if you do want more than $5,000 and you have a business checking account and doing over $5000 a month, then this will redirect you to another program where you can get same day funding up to $25,000 Monday through Friday.
We do have another loan that is up to $2 million, but you have to be doing 15,000 a month with your business or more and also have a business checking account. But we are just talking about the instant cash advance today.
The other thing is, this is not available in New York or California, but our other loan programs are so even if you are in San Diego and you need $10,000 in 24 hours and you have a business checking account, then you can still apply through the link that I am going to leave under this article.
I think I covered it all for your loan and merchant cash advance needs. This is probably the best thing for people that not only work for themselves, they are self employed or they are an independent contractor (such as a network marketer).
But it also opens up 80% of the people that were declined in the past because they didn’t have a business checking account. You only need a personal checking account to apply for this instant cash advance. The only thing that really matters in this scenario is your consistent cash flow with your business.
If you are doing $3000 a month or more with your profitable business making those four business deposits a month and you don’t have any negative days in the bank or any weird inconsistencies, you know, one month you have eight deposits and the next month you have zero, you are not going to get approved.
If you have done anything fraudulent in the past you are not going to get approved. If you are in California or New York you won’t get approved. Applying several times is not going to help your chances, but if you do meet the requirements, feel free to click the link under this article or view other top MLM profit opportunities.
Instant Advance Conclusion
It is a five minute application you can see if you pre qualify or not, and you can see the dollar amount that you are pre-qualified for and you can accept it or decline it. It is up to you and your finances. And it is that it is as simple as that.
If something breaks down on you Saturday night, you know now that you can get up to $5,000 Saturday night or Sunday morning. If you are a restaurant owner and you have a grill breakdown or you know a part of your walk-in refrigerator stops working you can get this money in 8 minutes. You know we work with most industries, including MLM companies. So it is a no-brainer for the loan you need. So thanks for reading and good luck to you and your loans.