Independent Contractor Lending is a type of financing designed specifically for self-employed individuals or freelancers who do not have a traditional employer. Since independent contractors often have irregular income and may not meet the qualifications for conventional loans, this lending option offers more flexible criteria. Lenders typically focus on factors such as the contractor’s overall income, contract history, and ability to repay, rather than relying solely on credit scores or steady employment. Independent contractor loans can be used for various purposes, including business expansion, equipment purchases, or managing cash flow.