Frequently Asked Questions
What is COVERR cash advance?
COVERR is a dedicated financial platform for millions of hardworking gig workers, freelancers, delivery and rideshare drivers, and the self-employed. We provide fast, flexible, and best cash advances up to $5,000, helping gig workers to cover their expenses, bridge income gaps, and keep their work going – without facing rejection from traditional loan applications.
Who is COVERR for?
Anyone who earns income from outside the conventional 9-to-5 employment structure, like rideshare drivers, delivery workers, freelancers, independent contractors, tutors, creators, consultants, and more. If you earn through the gig economy, COVERR is truly built for you.
Who can apply for a COVERR cash advance?
All 1099 workers (e.g. Uber/Lyft/VIA Drivers; UberEats/ Postmates/ DoorDash/ Caviar delivery personnel; Handy maids) who are looking to use funds to cover business expenses. Basic eligibility criteria:
- Are 18 years or older
- Have an active bank account
- Can demonstrate consistent gig or self-employment income (typically 3+ months of earnings history)
- Are based in a supported region
Do you perform credit checks?
No, we never perform a credit check. We view all 1099 workers as owners of a small business and focus on your business's performance, not your personal credit score.
How much can I borrow with COVERR?
Based on your average gig earnings, you can borrow between $250 and $5,000 as a cash advance. Typically, start with a smaller limit that grows over time as you build history with the COVERR app.
How quickly will I receive the funds?
Once you're approved, funds are typically deposited directly into your bank account within a few minutes or hours, depending on your bank's processing time.
