Giggle Finance is a company that offers financial assistance to freelancers, independent contractors, and other members of the gig economy. Delivering transparent and fast financing to our clients, we aim to build a better financial world through technology and innovation.
Taking out a freelance cash advance can be a great way to get the funds you need quickly. However, it’s important to understand the pros and cons before you commit. That way, you can avoid the risks that come with it.
One of the biggest advantages of a freelance cash advance is that you can get the money you need quickly. If you have an upcoming project and need to cover some expenses in order to get it done, a cash advance can be a lifesaver.
However, one of the downsides of a freelance cash advance is that you might not get approved. This is especially true if you don’t have a good credit score or if you don’t have a lot of experience as a freelancer.
With freelance cash advances you also don’t have to worry about repaying the loan right away. With most loans, you have to start making payments immediately, but with a cash advance, you can often defer repayment until your next project comes in.
On the other hand, freelance cash advances usually come with higher interest rates. This is especially true if you don’t repay the loan quickly. For example, if you take out a $500 cash advance and only repay $250 of it within two weeks, you’ll be charged an additional $50 in interest.
Another advantage of a freelance cash advance is that you can use the money for anything. Whether you need to buy supplies for your next project or just want some extra spending money, a cash advance can give you the flexibility you need.
Finally, some lenders offer freelance cash advances for a price. These fees can vary depending on the lender, but they’re typically around 3% of the total loan amount.
Our freelance cash advance is available to people working in the gig economy. These include:
This includes individuals who are earning a living through apps like Uber, Lyft, Ride-share, Handy, TaskRabbit, Care.com, Fiverr, UpWork, and AirBnB.
This includes individuals who work as event planners, home health aides, consultants and freelancers, and tutors and trainers.
This includes businesses that provide services in industries like trucks and taxis, beauty salons, lawn and pool care, and bodega and food trucks.
This includes individuals who are selling products via Amazon and Etsy, as well as people who sell products from Avon, Amway, Herbalife, Mary Kay, and Monat.
A freelance cash advance is a financing option usually given to a freelance worker in order to help them cover the cost of expenses related to their work. This can include things like travel costs, equipment purchases, or even just everyday living expenses.
A freelance cash advance is typically repaid over time (with interest) from the freelance worker’s future earnings. This type of financing can be a great option for freelance workers who need quick access to cash in order to continue working and earning an income. It can also be a helpful tool for managing finances, as it can allow freelance workers to budget and plan for their future earnings.
Freelance cash advances are not always guaranteed. This is mainly because lenders usually look at how stable your income is before approving your application. And this is something freelancers usually struggle with.
As a freelancer, you need to be more careful when taking out cash advances. Otherwise, you could find yourself taking out a freelance cash advance only to discover that your clients are late in paying you.
That being said, if you have a steady income and can provide proof of it, you may find it easy to qualify for a freelance cash advance.
You may be able to get a freelance cash advance on the same day, depending on your eligibility. To qualify, you will typically need to have a steady income and a checking account.
At Giggle Finance, applications for freelance cash advances only take several minutes at most. As long as you can fill out the application form and provide your bank details, you’re golden. And once approved, the funds will typically be deposited into your bank account within 24 hours.
At Giggle Finance, your security is our top priority. That’s why we use the latest technologies to protect your personal information.
Our online platform is designed specifically to enhance your privacy and security. We operate using 256‐bit encryption. Username and passwords are never displayed, viewed, or stored. This is the safest, fastest, and most convenient way for you to submit your information for approval.
If you’re in a bind and need some quick cash, Giggle Finance is a great option. By getting a freelance cash advance from us, we’ll make sure you have all the money you need to cover any unexpected expenses.
So what are you waiting for? Go to Giggle Finance’s website and apply for a freelance cash advance today!
Disclaimer: Giggle provides Revenue Based Financing programs that are for business purposes only. Any mention of any loan product(s), consumer product(s) or other forms of financing are solely for marketing and educational content purposes and to help distinguish Giggle’s product from other comparable financing options available in the market.