Gig Worker Loan Program
Financial support designed specifically for gig workers transitioning to business ownership. Get the capital you need to start or grow your business.
Loan Program Features
Designed specifically for gig workers transitioning to business ownership
Loans ranging from $2,500 to $15,000 to help you start or grow your business. Tailored to your specific needs and business plan.
6-month grace period before repayments begin, giving you time to establish your business and start generating revenue.
Character-based lending that focuses on your potential and business plan rather than requiring collateral or perfect credit.
Eligibility Requirements
Who qualifies for our loan program?
- Active Gig Worker: Must have at least 6 months of experience as a gig worker (rideshare, delivery, cleaning services, freelancing, etc.)
- Program Enrollment: Must be enrolled in one of our business transition programs (Self-Paced, Guided, or VIP Accelerator)
- Business Plan: Must have a completed business plan or be in the process of developing one with our guidance
- Financial Need: Demonstrate financial need and inability to secure traditional financing due to limited credit history or other barriers
- Commitment: Demonstrate commitment to completing the program and transitioning to business ownership
Application Process
Simple steps to apply for your loan
Submit Application
Complete the online application form with your personal information and business details.
Initial Review
Our team reviews your application to ensure you meet the basic eligibility requirements.
Business Plan Review
Submit your business plan or work with our mentors to develop one that demonstrates viability.
Interview
Meet with our loan committee to discuss your business goals and how the loan will help you achieve them.
Funding Decision
Receive a decision within 2 weeks of your interview. If approved, funds are disbursed within 7 business days.
Apply Now
Take the first step toward securing funding for your business
By submitting this application, you agree to our Terms of Use and Privacy Policy.
Frequently Asked Questions
Common questions about our loan program and application process
What is the interest rate on the loans?
Our loans have a fixed interest rate of 5-8%, depending on the loan amount and term. This is significantly lower than most personal loans or credit cards.
How long does the application process take?
The entire process typically takes 3-4 weeks from application submission to funding, assuming all required documentation is provided promptly.
Can I apply if I'm still working as a gig worker?
Yes! In fact, we encourage applicants to maintain their gig work income while transitioning to business ownership. This provides financial stability during the transition period.
Ready to Take the Next Step?
Don't let financial barriers prevent you from achieving your business dreams. Apply for our loan program today and get the support you need.