Payday Loans for Self-Employed

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!

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. 

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.

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!

*No credit check is required for any second or subsequent loan application. A credit check is only conducted on your first loan application, which means all future loans are exempt from it.