Freelancer's Guide to Emergency Funds: A List of Cash Advances Gig Workers Qualify For
FINANCIAL PRODUCTSRESOURCES
10/10/2023
For freelancers and gig workers, financial stability can be unpredictable. Whether it’s a sudden drop in income, unexpected expenses, or a delayed payment, having access to emergency funds is crucial. Traditional loans can be hard to qualify for when you don’t have a steady paycheck, but cash advances designed specifically for gig workers are available. Here’s a ranked list of cash advance options that cater to the unique needs of freelancers and gig workers, based on the speed of funds, acceptance of gig work income, and maximum loan amounts.
1. Albert Cash Advance
Albert tops the list with its fast access to funds, making it the best option for gig workers. Albert offers a $250 cash advance without a credit check, and funds can be received instantly or within 2 days. This makes it perfect for those emergency situations where you need cash immediately. Albert accepts gig work income as verification, which is ideal for freelancers with variable income. Sign up with Albert today to get your $250 advance without a credit check.
Maximum Advance: $250
Time to Receive Funds: Instantly or within 2 days
Accepts Gig Work Income: Yes
Sign up with Albert today to get your $250 advance without a credit check!
2. Dave
Dave is a close second, offering a no-interest cash advance of up to $500. Funds can be received instantly or within 1-3 days, and there’s no credit check required. Dave also provides valuable budgeting tools to help gig workers avoid overdraft fees. If you need quick cash without the hassle, download Dave today and access up to $500 instantly.
Maximum Advance: $500
Time to Receive Funds: Instantly or within 1-3 days
Accepts Gig Work Income: Yes
Download Dave today and access up to $500 instantly, with no interest or credit check!
3. Empower
Empower ranks third, offering up to $250 in cash advances with no interest or late fees. Gig workers can receive funds instantly or within 1 day, making it a reliable option for covering unexpected expenses. Empower also provides tools for tracking spending, saving, and budgeting, helping gig workers manage their finances more effectively. Get Empower now and access up to $250 instantly with no interest or fees.
Maximum Advance: $250
Time to Receive Funds: Instantly or within 1 day
Accepts Gig Work Income: Yes
Get Empower now and access up to $250 instantly with no interest or fees!
4. Cleo
Cleo is an AI-powered financial assistant that offers up to $100 in cash advances, with funds available instantly or within 1 day. Cleo accepts gig work income and provides tools to track spending, save, and even build credit. Although the maximum advance is smaller, Cleo’s quick access to funds makes it a viable option for immediate needs. Sign up with Cleo today and get a quick $100 advance with no hassle.
Maximum Advance: $100
Time to Receive Funds: Instantly or within 1 day
Accepts Gig Work Income: Yes
Sign up with Cleo today and get a quick $100 advance with no hassle!
5. Lenme
Lenme offers a unique peer-to-peer lending platform where gig workers can request loans on their terms, with funds available as quickly as the next day. Lenme also offers loans backed by cryptocurrency, allowing gig workers with crypto holdings to access larger loans. While it may take slightly longer to receive funds compared to other options, Lenme’s flexibility and potential for higher loan amounts make it a solid choice for those who need more substantial financial support. Explore Lenme today and secure a loan on your own terms, even backed by crypto.
Maximum Loan: $10,000
Time to Receive Funds: As quickly as the next day
Accepts Gig Work Income: Yes
Explore Lenme today and secure a loan on your own terms, even backed by crypto!
6. LoanMart
LoanMart is a trusted source for auto title loans and personal loans. Gig workers who own a vehicle can use LoanMart to secure a loan against their car title, even with less-than-perfect credit. Funds can be received the same day or within 24 hours, making it a quick option for those in need. However, the process involves more steps compared to other services, which might delay access to funds slightly. Apply with LoanMart today and get cash in hand fast with your car title as collateral.
Maximum Loan: Varies by state and vehicle value
Time to Receive Funds: Same day to 24 hours
Accepts Gig Work Income: Yes
Apply with LoanMart today and get cash in hand fast with your car title as collateral!
7. Brigit
Brigit provides AI-driven financial assistance, including personalized cash advances. While it offers a unique approach to managing finances, funds take 1-2 days to arrive, making it the slowest option on this list. However, Bright Money is a good fit for gig workers who want to manage their money smarter while also accessing emergency funds. Join Bright Money and get personalized cash advances while building a stronger financial future. You must sign up for a $9.99 membership to get access to cash advances.
Maximum Advance: Varies based on financial profile
Time to Receive Funds: 1-2 days
Accepts Gig Work Income: Yes
Join Brigit and get personalized cash advances while building a stronger financial future!
When an emergency arises, having quick access to cash is crucial for gig workers. This ranked list provides a clear picture of the best cash advance options based on speed, ease of use, and acceptance of gig income. Whether you need fast cash, minimal hassle, or higher loan amounts, there’s a solution tailored just for you. Take control of your finances with these accessible cash advances and ensure you’re prepared for any financial emergency.
