The track, produced by Chance himself, along with Brasstracks, Cam O'bi, and Peter CottonTale, it was released on May 26, 2016 as the second single from his third mixtape Coloring Book.

It later premiered as an exclusive in Zane Lowe's Beats 1 radio program ahead of Chance's mixtape Coloring Book, which was released the following day.

[2] Rolling Stone named "No Problem" one of the 30 best songs of the first half of 2016, stating: "This streaming-only star sounds like he's giving an ultimatum to the record industry: 'If one more label try to stop me / It's gon' be some dreadhead niggas in your lobby.'

[6] Village Voice, in their annual Pazz & Jop mass critics poll of the year's best in music in 2016, ranked "No Problem" at number 11.

[8] Directed by Austin Vesely and Chance the Rapper,[9] the video features celebrity appearances from DJ Khaled and Young Thug, among others.