Get Funding Fast for Freelancers and Independent Contractors
Simple, fast funding designed for self-employed workers. No W-2s or traditional income proof required.
Overview
Big Think Capital provides funding specifically designed for the modern workforce — freelancers, gig workers, and 1099 contractors who don't have traditional W-2 income but do have provable revenue from platforms, clients, and contracts.
Funding is available across a wide range of independent work categories: app-based and gig workers (rideshare drivers on Uber and Lyft; delivery drivers on DoorDash, Instacart, GoPuff, Uber Eats, Grubhub, and Postmates; grocery shoppers on Shipt and Spark; home health aides; caregivers on Care.com; childcare providers on UrbanSitter; pet care providers on Rover and Wag!; short-term rental hosts on Airbnb, VRBO, and Turo; task workers on TaskRabbit and Handy; virtual assistants; and online service providers on Fiverr and Upwork), creators and performers, eCommerce sellers, independent contractors, skilled trades and service providers, and wellness and lifestyle professionals.
Approvals are based on real evidence of income — 1099 forms, bank deposit history, and platform payout records — not multi-year tax returns or W-2 employment. Most applications fund within 24 to 48 hours.
The independent workforce in the United States is well over 60 million people and growing — and the traditional financial system was built for W-2 employees. That mismatch is why a lot of gig workers and 1099 contractors get declined by banks despite earning more than a salaried borrower the bank would happily approve. Big Think Capital's underwriting flips that: we read your platform payout history and bank deposits the same way a bank reads a pay stub.
Cost structures vary by product. Short-term, smaller advances ($5K–$25K, 3–12 months) typically price as a factor rate (1.15–1.40 total) and repay daily or weekly. Larger 1099-installment loans ($25K–$250K, 12–24 months) price as a traditional APR — often 18–35% depending on credit, platform history, and deposit consistency. Rates and terms vary by lender and borrower profile.
A common archetype: a rideshare driver with 18 months of consistent Uber and Lyft deposits totaling $4,500/month takes a $12,000 advance to replace the tires, brakes, and timing belt on the car they drive. Repayment is a small daily hold-back (e.g., 8%) from the same deposit feed that funded the loan. The car keeps earning. The advance pays back in 7–8 months. No W-2, no tax returns from a 9-to-5 employer, no awkward conversations with a loan officer. Apply with assistance or contact us to see your options.
Benefits
1099 Income Accepted
No W-2 required. We work from the same income documentation you use for your taxes — 1099s, bank statements, and platform payout records.
Built for Gig Platforms
Uber, Lyft, DoorDash, Instacart, GoPuff, Uber Eats, Grubhub, Postmates, Shipt, Spark, Airbnb, VRBO, TaskRabbit, Fiverr, Upwork, Rover, Wag — every major gig platform is explicitly supported.
24–48 Hour Funding
Fast decisions because we underwrite off live deposits, not tax returns. Apply today, often funded within a couple of business days.
Who typically qualifies for gig & 1099 funding
- Credit score of 550+
- At least 6 months of consistent 1099 / platform income (12 months ideal)
- Monthly take-home of $2,500+ from gig / contract / freelance work
- Active business or personal checking account receiving platform payouts
- 1099-NEC, 1099-K, or 1099-MISC from a prior year (or current-year platform payout history)
- No open bankruptcies; no recent loan defaults
- Documentation: 1099 form(s), 3–6 months of bank statements, ID, voided check
How gig & 1099 funding works
Apply in 5 minutes
Quick application — your name, EIN or SSN, the platforms you work on, average monthly income, and how much you want. Soft credit pull only.
Verify income
Connect your bank account or upload 3–6 months of statements plus your most recent 1099(s). Platform payout history strengthens the file further.
Get an offer
Most files get offers in hours. You'll see funding amount, total cost, term, and repayment frequency (daily, weekly, or monthly).
Accept and verify
E-sign the agreement, complete a quick verification (ID, voided check, sometimes a brief call), and confirm your payout account.
Funded in 24–48 hours
Funds arrive in your account. Repayment begins per the schedule — typically a small percentage of incoming deposits or a flat installment.
What gig workers and 1099 contractors use the funding for
Vehicle repairs and replacement
New tires, transmission rebuild, body work, or a replacement vehicle — for rideshare and delivery drivers, the car IS the business.
Equipment for your trade
Tools, cameras, computers, microphones, software subscriptions — whatever your platform or craft requires to scale.
Bridge an income gap
Cover bills during a slow stretch — between contracts for freelancers, off-season for rental hosts, or while ramping a new platform.
Cover tax obligations
Self-employment quarterlies, year-end tax bills, or back-tax payment plans — without raiding emergency savings.
Scale your gig stack
Buy a second car, set up a second short-term rental, hire help on Upwork, or upgrade rental properties on Airbnb / VRBO.
Invest in marketing & branding
For freelancers and creators on Fiverr, Upwork, or social: better gear, a website, paid ads, and content production that grow income.
How gig & 1099 funding compares
1099 funding actually accepts 1099 income
Most banks require 2+ years of consistent W-2 income or fully documented self-employment tax returns. 1099 funding underwrites from deposit history — what's actually happening, not what's on paper.
Larger amounts and a business-friendly structure
Personal loans for 1099 earners are usually capped low and look only at consumer credit. 1099 funding can scale to $250K and weighs your platform / gig income as a primary input.
Different lanes
Working capital is for established businesses with $10K+ monthly business revenue. 1099 funding is for individual contractors and gig workers whose income is personal, not corporate.
Frequently Asked Questions
Quick answers to the questions we hear most often.
Do I need a registered business (LLC / S-corp) to apply?+
What if I don't have a 1099 yet?+
Will applying hurt my credit?+
Can I qualify with a credit score below 600?+
What gig platforms count toward income?+
What if my income is irregular month to month?+
Ready to apply for Gig & 1099 Funding?
Get matched in minutes. No hard credit pull, no obligation.
- Approvals in as little as 24 hours
- Funding from $10K to $10M+
- No hard credit pull to apply
- Dedicated funding expert assigned to you