✦ Updated  ·  Loans for People Starting a Side Hustle — No Business History Required — Bad Credit OK
🚀 Loans for People Starting a Side Hustle —

$600 for a Pressure
Washer. She Found the
Loan in 23 Minutes.

No business yet, just an idea and a quote for the equipment to start it. This is the story of how a personal loan, not a business loan, got a side hustle off the ground the same week.

Apply Free — Start Your Side Hustle →
✓ No business history needed  ·  ✓ Bad credit OK from 500  ·  ✓ Same-day deposit  ·  ✓ Soft check only
🚀 Side Hustles OK
💳 Bad Credit OK
🏦 300+ Lenders
Same-Day Deposit
🆓 Free to Apply
Last updated: · Reviewed by Money247 Editorial Team

Brianna worked full-time in customer service for a logistics company, a steady but unremarkable $41,000-a-year job that covered her bills with very little left over. She had been thinking for months about starting a pressure washing side business — driveways, decks, siding — after watching a neighbor's small operation clearly stay busy every weekend in her area.

She had researched the equipment carefully. A decent commercial-grade pressure washer, hose reel, and surface cleaner attachment came to $600 from a local supplier, enough to start taking weekend jobs immediately rather than waiting and saving for months while the idea cooled.

She had no business yet. No clients, no business bank account, no history of any kind to show a lender. Just her regular job income, a clear plan, and a specific dollar amount tied to a specific piece of equipment.

ItemDetail
Pressure washer (commercial-grade)$420
Hose reel + surface cleaner attachment$180
TOTAL STARTUP COST$600

Brianna looked briefly into small business loans and quickly realized most required exactly what she did not have yet: an established business, business tax filings, sometimes a minimum time in operation. None of that existed for an idea that had not started yet.

What she actually needed was simpler than a business loan — a personal loan, based on her own steady job income, that she could use toward whatever she chose, including equipment for a side hustle that had not generated a single dollar yet.

She applied at Money247.com, listing her customer service job and four years at the same employer. The application did not ask about her business plans at all — it asked about her personal income, which was the only thing actually relevant to a personal loan.

She applied at 6:40 PM. The form took 7 minutes. She submitted at 6:47 PM.

At 7:10 PM — 23 minutes later — three offers appeared.

⏱ 23 minutes — 3 offers — no business history needed

The best offer: $600 at 28% APR over 18 months. Monthly payment: $39.

She accepted. The equipment was delivered within four days. She booked her first paying job the following weekend.

"A business loan would have asked about a business that did not exist yet. A personal loan asked about her job, which had existed steadily for four years — and that was the only history that actually mattered for getting started."

— Why a personal loan, not a business loan, is often the right tool for a side hustle's first equipment purchase

💡 Why a Personal Loan Often Fits Better Than a Business Loan at the Start

Business loans typically require an established business with tax filings, time in operation, and sometimes business credit history — none of which exists for a side hustle that has not started yet. A personal loan from Money247.com is based on your individual income and credit profile — Brianna's four years of steady customer service income, not a business plan, was what mattered for a $600 equipment purchase that let her side hustle actually begin.

Side Hustle Startup Costs This Can Cover
🧼
Pressure washing equipment
✓ Common startup cost
✂️
Hair/beauty tools and supplies
✓ Common startup cost
📸
Photography equipment
✓ Common startup cost
🚗
Mobile detailing supplies
✓ Common startup cost
📋
Licensing or certification fees
✓ Common startup cost
🍰
Home baking / catering equipment
✓ Common startup cost
How to Get a Loan to Start a Side Hustle — 4 Steps
1

Apply Free — Your Job Income, Not a Business Plan

One soft-check application reaches 300+ lenders. A personal loan is based on your own income and credit, regardless of whether your side hustle has started yet.

⏱ 2 minutes — no business history needed
2

Lenders Evaluate Your Personal Income

Income-only lenders read your actual job deposits. Brianna had 3 offers in 23 minutes based on four years at her customer service job, with zero business history.

⚡ Offers in minutes — personal income only
3

Accept and E-Sign From Your Phone

Choose your best offer. E-sign in seconds. No business plan document, no time-in-business requirement.

⏱ Under 2 minutes to accept
4

Same-Day Deposit — Get Equipment Ordered Fast

Apply before 2 PM on a weekday for same-day deposit. Brianna had her equipment within four days and her first job the following weekend.

⚡ Same-day deposit

Brianna has made 8 monthly payments of $39 from her customer service paycheck. Her pressure washing side hustle now brings in roughly $400 to $600 a month on weekends, growing steadily through word of mouth in her neighborhood.

Her credit score has moved from 549 to 578 over those eight months — from on-time loan payments, and from the small but real additional income now also depositing into her account.

The $600 piece of equipment paid for itself within the first two months of weekend jobs. The idea she had been turning over for months became something real the week a personal loan, not a business loan, treated her steady job as the only history it actually needed.

Key Facts — Loans for People Starting a Side Hustle
23 MinBrianna — applied to 3 offers, no business history
$600Typical small startup equipment cost
500+Bad credit min — income-only also available
Same DayDeposit available before 2 PM weekdays
Best Loans for Side Hustle Startups —
⭐ #1 Side Hustle Startup — Money247, 300+ Lenders
Money247 — Side Hustle Startup, 300+ Lenders
No Business HistoryBad Credit OKSame-Day
★★★★★
4.9 / 5
NoBusiness Plan
SoftCheck Only
Same DayDeposit
Why it's #1 for side hustle startups: A personal loan based on your job income, not a business plan or time-in-business requirement. 300+ lenders competing. Bad credit from 500. Brianna's $600 equipment purchase got 3 offers in 23 minutes based purely on her four years of steady job income.
No business history required Based on personal job income Bad credit from 500 Use for equipment, supplies, licensing Soft check only Same-day deposit 300+ lenders competing All 50 states served
Apply Free — Start Your Side Hustle
Frequently Asked Questions
Can I get a loan to start a side hustle?+
Yes. Money247.com connects borrowers with 300+ lenders for personal loans that can be used toward side hustle startup costs like equipment, supplies, or licensing. Income-only lenders evaluate your current job income rather than requiring an established business history. Brianna got 3 offers in 23 minutes for $600 in equipment with zero business history.
Do I need a business plan to get a loan for a side hustle?+
No. A personal loan from Money247.com is based on your personal income and credit profile, not a business plan or business credit history. This makes it accessible for very early-stage side hustles that have no track record yet, as it was for Brianna's pressure washing business.
What can a side hustle startup loan be used for?+
Common uses include equipment purchases, initial inventory, licensing or certification fees, a reliable vehicle for service work, or basic marketing materials. Funds from a personal loan can generally be used for any legitimate purpose.
How much can I borrow to start a small side business?+
Loan amounts vary by lender and your income and credit profile. Many side hustle startup costs are modest, ranging from a few hundred to a few thousand dollars, well within typical personal loan ranges available at Money247.com — Brianna borrowed $600 for her initial equipment.

Starting a Side Hustle?
Your Job Income Is the Only History You Need

No business plan required. Bad credit from 500. Soft check only. Same-day deposit. Apply free in 2 minutes right now.

Apply Free — Start Your Side Hustle →
By clicking you agree to our Terms of Use and Privacy Policy. Money247.com is a loan matching service, not a direct lender. Loan approval is not guaranteed.