I am a new, small business and independent contractor, can I still qualify for an SBA loan?
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The U.S. Chamber of Commerce has provided this informative guide about each option: https://www.uschamber.com/report/independent-contractors-guide-cares-act-relief
Unfortunately, because the programs rolled out so quickly there’s a lot of ambiguity over the language of the program. We put together this article that shows how you can document income as an independent contractor to apply for a loan:
https://www.zenefits.com/workest/how-independent-contractors-can-document-income-for-ppp-loans/
Also note, independent contractors and self-employed individuals can receive unemployment benefits under the CARES Act. You can read more information about how to access that program here:
https://www.zenefits.com/workest/how-self-employed-people-can-access-unemployment-benefits/
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