💼 Loans for Self-Employed —
Loans for the
Self-Employed — All Income OK
Self-employment income accepted. 1099s, bank statements, gig work, freelance, and business income all qualify. Bad credit OK. Apply free in 2 minutes — same-day funding available.
Apply Now — Self-Employment OK →
✓ 1099 income accepted · ✓ Bank statements OK · ✓ No hard pull · ✓ Same-day funding
Home › Loans for Self-Employed
Last updated: · Reviewed by Money247 Editorial Team
Self-employed borrowers are underserved by traditional banks — but not by online lenders. Banks want W-2s. Online lenders accept 1099s, bank statements, profit and loss statements, and any verifiable self-employment income. Whether you are a freelancer, contractor, gig worker, or small business owner Money247.com connects you with 300+ lenders who understand self-employment income. Bad credit accepted. Same-day funding.
Self-Employment Income Types Accepted
Any of these income sources qualifies — no traditional W-2 required.
🚗
Gig Workers
✓ Uber, Lyft, DoorDash, Instacart, and all platforms
💻
Freelancers
✓ Any freelance income — writing, design, coding
🏗️
Independent Contractors
✓ 1099 contract income accepted
🏪
Small Business Owners
✓ Business bank deposits as income proof
🎨
Creative and Digital Workers
✓ Artists, YouTubers, content creators
🔨
Tradespeople
✓ Plumbers, electricians, landscapers
Key Facts — Self-Employed Personal Loans
1099sSelf-employment income accepted
500+Minimum credit score accepted
Same DayFunding available weekdays
$500–$50KAvailable loan amounts
Best Lenders for Self-Employed Borrowers —
All lenders below accept self-employment income — no W-2 required.
⭐ #1 Best for Self-Employed — Money247 Top Pick
Money247 Self-Employed Loan Network
Best Overall1099 Accepted
500+Min Score
$50KMax Amount
Same DayFunding
Why it's #1: One application reaches 300+ lenders who accept self-employment income — 1099s, bank statements, gig platform earnings, and profit and loss statements. Bad credit accepted. Soft check only. Same-day deposit for approved borrowers.
1099 and self-employment income OK
Bank statement verification available
Gig platform income accepted
Scores from 500 accepted
Soft check only
300+ lenders compete
Same-day deposit
All 50 states served
Apply Now — Self-Employment OK →
🥈 #2 Best — Bank Deposits Only Approval
Bank Statement Self-Employed Loans
No W-2 NeededDeposits Only
NoneMin Score
$10KMax Amount
24 HrsFunding
Why it's #2: No minimum credit score. No W-2. Bank account deposits from self-employment are the only approval criteria. Best for gig workers and freelancers with consistent bank deposits but no traditional income documentation.
No minimum credit score
Bank deposits as income proof
No W-2 or pay stub required
Same-day deposit available
Apply — No W-2 Required →
🥉 #3 Best — Larger Self-Employed Loans
Large Self-Employed Personal Loans
Up to $50K550+ Score
550+Min Score
$50KMax Amount
Same DayFunding
Why it's #3: Need a larger loan for business expenses or personal use? Up to $50,000 for self-employed borrowers with a 550+ score and 3+ months of verifiable income deposits in your bank account.
Up to $50,000 self-employed
Business and personal use OK
550+ score accepted
Same-day funding
Apply for Larger Self-Employed Loan →
How to Apply — 4 Simple Steps
1
Apply Free at Money247.com — 2 Minutes
Fill out one short form. Enter your self-employment income from all sources and the loan amount needed. Soft check only — zero score impact.
2
Have Your Bank Statements Ready
Most lenders want 2 to 3 months of bank statements showing regular income deposits. Have these ready on your phone to speed up the process.
3
Accept Your Best Offer and Sign
Compare real offers from lenders who understand self-employment. Sign electronically from your phone. No branch visit required.
4
Get Funded Same Day
Funds deposited directly to your bank account. Apply before 2 PM on a weekday for same-day deposit.
Frequently Asked Questions
Can self-employed people get personal loans?+
Yes. Many online lenders accept self-employment income including 1099s, bank statements, gig platform earnings, and business bank deposits. Apply free at Money247.com to see lenders who specifically serve self-employed borrowers.
What income documents do self-employed borrowers need?+
Typically 2 to 3 months of bank statements showing regular income deposits. Some lenders also accept 1099 forms, recent tax returns, or a profit and loss statement. The more consistent your monthly deposits the stronger your application.
Can I get a self-employed loan with bad credit?+
Yes. Many online lenders evaluate self-employed bad credit borrowers primarily on income rather than credit score. Consistent bank deposits of any amount make approval significantly more likely even with a low credit score.
Will applying affect my credit score?+
No. Checking your rate at Money247.com uses only a soft credit inquiry which does NOT affect your credit score. A hard inquiry only occurs when you formally accept a specific loan offer from a lender.
Self-Employed? You Qualify — Apply Free
One 2-minute application reaches 300+ lenders who accept self-employment income. Bad credit OK. No W-2 required. No hard pull. Same-day funding available.
Apply Free — Self-Employment OK →
Related Loan Options
Disclaimer: Money247.com is a loan matching service, not a direct lender. Loan approval is not guaranteed. Rates and terms vary by lender.
Self-Employed?
You Qualify — Apply Free Now
1099 and bank statement income accepted. Bad credit OK. No W-2 required. No hard pull. Same-day funding available nationwide.
Apply Now — Self-Employment OK →
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