Funding For Gig Workers

Grow your gig business and seize new opportunities with a customized merchant cash advance designed for independent workers.

Same Day

Get Fast Approvals

6 Hours

For Funds

$2.5+

Billion in Financing

100,000+

Small Businesses Financed

Put Your Capital to Work

With a revenue advance, you can access:

What You Need for Approval

Here’s what you need for approval:

The Advantages of A Revenue Advance For Independent Professionals

The independent workforce continues to expand, driving demand for more adaptable funding solutions.

Revenue advances are an excellent option if you require:

Adaptable Repayments

With this solution, your payments align directly with your earnings.

 

Maintain Business Autonomy

You typically are not required to secure the advance with business equipment or personal assets.

 

Rapid Access To Capital

With approvals in as few as same day, you secure the funds you need swiftly.

Finding the right loans for gig workers is key. Our gig worker loans are structured specifically for the variable income of independent contractors.

We are trusted by:

Four Streamlined Steps to Secure A Strategic Growth Loan

Explore your options without impacting your credit score

1

Apply online

Click “Get Started” to begin your application for a working capital loan.

2

Gather Required Documents

Have essential documents ready, including bank statements and a government-issued ID, to speed up the approval process.

3

Approval In As Little As Same Day

Your application will be reviewed and you could be approved in as fast as same day.

4

Receive Same-Day Funding

Once approved, the loan amount can be deposited directly into your business bank account so you can put it to work immediately.

Pros and cons of a merchant cash advance for gig workers

Pros

Cons

Why Gig Workers Should Choose Chasewood Financials for Financing

You’re part of the independent contractors who make up a huge share of the U.S. workforce, and handling everything on your own can get overwhelming fast. Working with Chasewood Financials gives you more than funding, it gives you a partner that understands how gig workers operate.

Here’s what sets us apart.

Trusted Experience

With more than 46,000 small businesses served and a 4.8 Trustpilot rating, we’ve built a strong reputation for supporting gig workers, especially those who might be considering loans for gig workers with bad credit or other flexible options.

 

Dedicated Support

Our U.S.-based financing experts guide you through every step, offering clear help from application to final remittance. Whether you’re weighing installment loans for gig workers or even payday loans for gig workers, you get support that puts your needs first.

Other Financing Options

Merchant Cash Advance

Ideal for businesses needing quick access to short-term funding, even with less-than-perfect credit.

Strategic Expansion Loan

Secure capital for major projects and future growth with confidence through long-term loans.

Business Lines of Credit

Flexible access to working capital whenever your business needs it, keeping operations smooth.

All Financing Options

Can’t find the right fit? Explore all of Chasewood Financials’ business financing options for personalized support.

Frequently Asked Questions About Merchant Cash Advances for The Self-Employed

For gig workers, is a merchant cash advance a loan?

A merchant cash advance (MCA) isn’t a loan. Instead, it provides upfront capital by purchasing a percentage of your future receivables.

Chasewood Financials gives you immediate access to the funds you need, and in return, we collect a specified percentage of your daily sales until the agreed amount is fully remitted.

The flexible structure helps many gig workers access funds quickly without the traditional loan structure.

If you’re exploring an online cash advance for gig workers with no credit check because you’re worried about the impact on your credit, you should know that most financing providers only perform a soft pull, which doesn’t directly affect your score.

The cost of a merchant cash advance is stated as a factor rate rather than traditional interest.

This rate depends on the assessed risk of your business. Unlike other types of business financing, MCAs don’t require additional collateral, which makes them accessible to businesses that may not have substantial assets.

If you’re comparing options like loans for gig workers with bad credit, a merchant cash advance could be a workable alternative. While not a traditional loan, it gives you capital up front to manage urgent needs.

Chasewood Financials, for example, generally requires a minimum credit score of 500, making MCAs accessible to gig workers who may not qualify for traditional financing.

Your score matters, but it’s not the only factor. Monthly revenue and sales volume also influence approval decisions.

Applying for a merchant cash advance is quick and straightforward.

Start by submitting a few essential documents, including:

Bank statements
Your business’s tax ID
Government-issued ID

To discover how much you qualify for, fill out our online form.

Fluctuating Revenue? We’ve Got Your Back.

Here’s the thing. When your monthly income moves up and down, you shouldn’t lose sleep over it. Your remittances shift with your revenue, so you stay in control instead of feeling overwhelmed by fixed payments.

Startup Business Loans