Payday Loans for Self-Employed

Explore flexible payday loans for self-employed Canadians with iCash. Quick approval decisions, 2-minute e-Transfers. Apply now and secure your financial freedom!

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$100

$750

Maximum

$1,500

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Cost summary

Cost
$85.50
Cashback
-$66.45
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Self-Employed Payday Loan

Did you know that according to Statistics Canada, roughly 2.6 million Canadians (about bvc of the entire population) are self-employed? Living in a country where self-employment is a possibility is truly a wonderful thing, but it can come with several challenges.

When you're self-employed, the financial landscape can look a bit different from what traditional employees might experience. Without a regular paycheck from an employer, managing cash flow and unexpected expenses can be difficult. 

If you’re self-employed and find yourself needing a bit of extra cash, self-employed payday loans are a thing! They offer financial aid for those who manage their own business, are freelance workers, etc.

So what exactly is a self-employed payday loan? Basically, it’s a type of short-term borrowing designed to help Canadians who do not have a steady income but need some financial assistance. 

Self-employed loans are structured in a way that allows freelance workers to be able to qualify for them. Lenders like iCash who offer these loans understand that self-employed income isn't always predictable. That’s why we adjust our requirements accordingly and make it easy for most people to qualify.

Applying for a payday loan when you're self-employed is incredibly easy when you choose iCash. They’re designed to be processed incredibly fast because we know that freelancers and business owners can have needs arise out of nowhere. That’s why, once approved, funds are sent by e-Transfer in 2 minutes. It’s that fast.

Self-employed payday loans can truly be an excellent tool for managing the unique financial challenges faced by freelancers, contractors, entrepreneurs, etc. You’ll get the benefits of flexibility and speed, something that traditional lending products usually cannot match.

Whether it's covering a sudden expense or keeping cash flow steady during unsteady income periods, a payday loan can keep things running smoothly for you. So if you need one, apply with iCash today!

Emergency Loans for Self-Employed


For self-employed Canadians, financial emergencies can be just as stressful, if not more so, as it is for those with full-time employment. Luckily, there are solutions available.

Self-employed people (and even those with regular or irregular forms of income) can take advantage of emergency loans to cover unexpected medical expenses, urgent repairs, or business investments and essentials.

In such urgent situations, we understand the importance of timing. That's why we offer emergency loans for self-employed people that are both quick and easy to get approved for. 

Emergency loans provide urgent cash to self-employed Canadians without the lengthy application processes and waiting periods you’d usually get with traditional bank loans. With us, you can apply online in minutes, receive approval quickly, and have the funds you need deposited directly into your bank account by e-Transfer in 2 minutes.

Our quick loans for the self-employed are all about flexibility for people who may not always have a steady income stream.

With our emergency loans, finances come to you when it's most needed. For anyone managing their own business or freelance work, having access to this kind of financial support can be the difference between a temporary setback and a long-term financial difficulty.

Self-Employed Payday Loans No Credit Check

For anyone self-employed, getting any kind of financial assistance or loan isn't always straightforward. Traditional lending options often involve credit checks that can complicate or even block the path to getting money. 

This is why the idea of no credit check loans sounds incredibly enticing. However, it must be made clear that reputable lenders will always do a credit check for security reasons. But the difference lies in the fact that we won’t base our lending decisions on your score. Even people with low credit scores have a very high chance of getting approved.

For self-employed people concerned about their credit history affecting their ability to borrow, these loans ensure that your credit score isn’t a factor in the lending decision. The big advantage of this approach is that you can access the funds you need right away regardless of past financial challenges. 

The other benefit is that these loans are easily accessible. Here at iCash, we get that self-employed Canadians need quick, uncomplicated access to funds, especially when conventional banks might not be there to help you nearly as fast as you need. 

With “no credit check loans,” the application process is simple. The application process is sped up and paperwork is non-existent. You can get approved for a loan quickly and get your cash by e-Transfer in 2 minutes!

Cash Advance Self Employed

When you’re self-employed, it’s almost inevitable that you may encounter a situation when you need cash that you just don’t have to cover bills, unexpected expenses, etc. In those moments, accessing funds as quickly as possible is important.

With iCash, if you need a self-employed cash advance, all you need to do is complete a quick application process and then get an instant decision regarding your approval. If approved (incredibly high chance you will be), you’ll get your cash advance by e-Transfer in 2 minutes!

Getting a cash advance from us is as simple and user-friendly as it gets. As a self-employed person, you begin by completing a short online application. It’s an easy-to-follow form and requires only basic information financial and personal information.  

We understand that someone with a self-employed lifestyle needs flexibility when it comes to financial assistance. That’s why we’re happy to offer these cash solutions for self-employed individuals who need that additional convenience that traditional financial banks just aren’t willing to offer.

Online Loans for Self-Employed

The process of applying for an online loan at iCash is incredibly user-friendly. As a self-employed person, you can apply from anywhere, at any time, by simply accessing our website or downloading our smartphone app. This is especially ideal for freelancers and entrepreneurs who may need to manage their financial matters outside of traditional banking hours. 

The application form is concise and you can complete the entire process without having to visit a physical branch, saving you valuable time and effort.

One of the key benefits of our online loans for the self-employed is the speed of the service. Once your application is submitted, our automated process will give you a decision right away regarding approval. Long gone are the days of waiting for days or weeks to find out if you’re approved for a loan. If approved, the funds are sent to your account by e-Transfer in about 2 minutes. 

Our online loans are all about providing quick financial solutions that respect the unique challenges of a self-employed life!

Payday Loan-Self-Employed

FAQs About Self-Employed Payday Loans

What documentation is needed for a self-employed payday loan?

For a self-employed payday loan with iCash, you won’t need to supply any documents. Our automated and secure process will verify the information you submit and give you an instant decision regarding your loan approval.

How quickly can a self-employed person receive a loan from iCash?

A self-employed person can receive a loan from us just as quickly as anyone with traditional employment income, or even income from various government programs. Once approved, you’ll get your cash sent to you by e-Transfer in 2 minutes!

Can self-employed individuals with poor credit apply for loans?

Yes, self-employed individuals with poor credit can still apply for loans from iCash. We focus instead on current income and financial stability rather than past credit history when approving payday loans.

 What is the maximum amount a self-employed individual can borrow from iCas h?

Whether you’re self-employed or not, the maximum a person can borrow from us is up to $1,500. This limit is designed to ensure that loans are manageable.

Benefits of Choosing iCash for Self-Employed Payday Loan

Choosing iCash for your payday loan brings several benefits that are especially helpful for self-employed people. You get fast processing times, which means you can get your money very quickly, within 2 minutes of being approved. This is great when you need cash fast.

We also makes things easier by eliminating paperwork. You can fill out a simple online application in just a few minutes!

Also, our team is available all the time to help you with any questions or to walk you through the loan process. You’ll feel supported every step of the way.

So, do you need quick financial help? Apply for a loan with iCash today and start enjoying these benefits!

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iCash is a member of the Canadian Consumer Finance Association.
iCash uses TransUnion technology to improve our lending solutions.
iCash uses Interac e-Transfer to send loans to our customers.
iCash uses Equifax technology to improve our lending solutions.
iCash is owned by women and promotes diversity, equity, and inclusion.

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Since 2016 we have happily served over half a million customers.

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How to Apply for Loans if you're self-employed

1

Apply Online

Getting an online loan with us is fast and easy. Simply select your loan amount, repayment plan* and provide some personal details.

Sign up and apply online or on our app.
2

Instant Decision

Our online loan application will tell you if you’re approved instantly. Once approved, all you have to do is electronically sign your contract. It’s that easy!

Get a decision instantly after completing our paperless loan application.
3

Get Funds

Once you sign your digital agreement, your cash advance will be sent by e-Transfer within 2 minutes. Fast, convenient and hassle-free. Funds are sent 24/7, no matter what.

Receive your money by e-Transfer within minutes of signing your agreement.

We help our members get their finances back on track

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given in Cashback
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Frequently asked questions

Can you get a loan if you're self-employed?

You can get a loan if you're self-employed, as long as you meet the income requirements. Gig workers and freelancers still make a good living even without following a 9 to 5 schedule.
Instead of trying your chances with a traditional financial institution and having to present a good credit score and lots of paperwork, you can opt for a private online lender like iCash. That way, you will benefit from a speedy and straightforward process, and you can have the money in your hands shortly.

How much can I borrow if I am self-employed?

You can borrow up to $1,500 if you apply for a cash advance from a reputable lender like iCash. This amount is more than sufficient to cover the usual expenses that appear when you least expect it. People usually wait for their next paycheck to cover certain costs, but when you are an independent contractor, your income doesn't follow the traditional organizational patterns.
This lump sum of $1,500 can prove to be significant financial support because you receive the money exactly when you need it the most, without any delays. Whether you have to cover household expenses or costs that most small businesses have to face, these short term loans can be the solution.

What do I need to qualify for a payday loan for self-employed?

To qualify for a payday loan for the self-employed, you need to meet a few requirements. The good news is if you turn to an online lender like iCash, the list of conditions is short and reasonable.
  • Be at least 18 years old (19 years old for applicants in British Columbia, New Brunswick, Nova Scotia).
  • Be a resident of any of the provinces in which we operate.
  • Show that you have been receiving the same source of income for the past three months.
  • Have a total net income of at least $800/month.
  • Have access to an online bank account.
  • Have a valid mobile phone number, address, and email address (VoIP numbers are not accepted).

If you're self-employed, the part of the application concerning your income is usually a delicate manner. But lenders like iCash consider income coming from freelancing or working as an Uber driver, or on platforms like Instacart or Upwork just as dependable as a traditional paycheck. As long as you have the financial means to reimburse the loan, you won't be declined.

Can I get a personal loan if I am self-employed and have bad credit?

You can get a personal loan if you are self-employed and also have bad credit. Financial support from private lenders is more accessible than you may think. The credit score is no longer a dreaded aspect of a loan application because private lenders don't base their financial strength assessment on it. So, credit checks are not something you need to avoid.
Even paired with self-employment, bad credit is not a reason to be declined a loan. A private lender like iCash will analyze your loan application looking for your current financial situation, not your credit history or a monthly paycheck.
Loans for bad credit are possible even for people who chose self-employment over a regular eight-hour job.

Have more questions? Check out our full FAQ.

Get a loan if you're self employed today!

iCash has helped more than 950,000 Canadians get instant loans online without hassle. Download our mobile application today!