If you receive a 1099 instead of a W2 at the end of each year, I’m going to show you the best business 1099 loans that you can get 24/7 This is perfect if you have an emergency on the weekend, or if you’re an independent contractor, a driver, any person who works for themselves – they’re self employed can get this funding in as little as 10 minutes up to $5,000. No FICO needed. Here’s our Loan for 1099 Workers | Emergency Cash 247 for Your Business 2023 Review
Loan for 1099 Workers | Emergency Cash 247 for Your Business 2023
So who is a 1099 worker? It’s basically a worker that is not considered an employee. Rather this type of worker is usually referred to as a freelancer, independent contractor or self employed.
How many self employed independent contractors are there in America? Nearly 60 million Americans work as independent contractors, and this is expected to grow exponentially in the next few years considering that most people are wanting to work from home, they’re wanting to work on a contractual basis. Doing gig work.
Fiverr is considered a gig, any type of freelancer, if you’re a photographer and musician, if you’re making 1099 income then stay close attention to this.
Loan for 1099 Workers Requirements
I’m gonna go over the requirements and show you how you can get up to $5,000 in 10 minutes, even on a Saturday or Sunday. So let’s look at the requirements real fast.
So here it is, same day funding up to $5,000. Now, this is not in New York or California. So I just need to get that out of the way so you don’t waste any more time. We do have other business advances if you’re in those states doing more than 5000 and you have a business checking account so watch my other videos for those business advances as well – where you can get up to $25,000 the same day.
But with this one, the instant cash advance, we can loan you up to 25% of your monthly revenue. You need to have four business deposits a month. So if you’re a freelancer, and your clients are paying you at least four times a month, and you’re putting that money into your bank and it looks like business revenue, then you’re good to go.
We can loan you up to 25% of your monthly revenue. So if you’re doing $5000 a month in revenue, you can get up to $1250. Now if you like the pre approval amounts, then you connect your bank account using our service called Plaid. Plaid is a very well known connector from clients to bank accounts.
I used it for a huge real estate investment program. It’s completely legitimate and the IRS uses it. It’s the fastest way to connect a checking account to a service that we can then give you the funds to.
The terms are three to six months, and you’re going to have to pay it back on a weekly basis. You have to be in business for six months or longer doing $3000 a month in sales or more that has to be business revenue.
None of it can come from a W2 income and you can’t have more than five negative days in the last three months in your bank.
Loan for 1099 Workers No Business Checking Needed
Now what’s great about this program is you do not need to have a business checking account. Normally with a business loan, you have to have a business checking account and with this, you only need a personal checking account.
So if you’re doing 10,000 a month with your business or 20,000 a month with your business and your FICO is lower than 750, you’re probably going to have to apply for this because the banks are not going to approve you. Even if your credit is perfect – because you have a personal checking account.
So keep that in mind that the options are very limited if you only have a personal checking account, or if your FICO is under 750.
We help the 86% of businesses that cannot get a traditional bank loan. Banks are only approving 14% of businesses right now for money. So your only options are this or any other type of high interest loan.
So click the link under this article if you need money fast, like yesterday. You can get the money literally in 10 minutes and we go up to $5,000. So if you’re doing $20,000 a month with your business for the last three months, and you only have a personal checking account, you could probably get up to $5,000.
Unless you have other loans out. Or if you are if you have more than five negative days or if you have any, you know fraud on your account. You know, it has to be legitimate. You have to have consistent cash flow.
But this is perfect for Uber drivers, DoorDash drivers, fiverr gig workers, freelance writers. Anyone who’s making over 3000 a month and can apply for this. Thank you for watching and God Bless!
Erik C. Johnson