A self-employed contractor secured $40,000 through bank statement underwriting—no W-2s or tax returns required. See which fintech lenders make it possible.
38% of U.S. workers freelanced in 2023, yet most lenders still flag self-employment. Bank statements, Schedule C, and 1099s can replace pay stubs for online loan approval.
44% of gig workers were denied loans despite solid earnings. Here's what's changed, and how 27 million independent workers are finally getting approved.
At least 12 fintech lenders now verify income without your banking password — using pay stubs, tax returns, or read-only APIs — with decisions in as little as 24 hours.