Personal Loans
Personal loans provide flexible funding for individuals looking to consolidate debt, finance a major purchase, or invest in personal goals. With fixed rates and predictable monthly payments, you can achieve your financial objectives on your terms.
$5K–$100K
Loan Amount
From 5.99%
Interest Rates
2–7 years
Terms
1–5 days
Funding Speed
What are personal loans?
A personal loan is an unsecured or secured loan made to an individual based on their creditworthiness and income. Unlike business loans, personal loans don't require a business entity and can be used for virtually any personal purpose.
Personal loans are particularly useful for debt consolidation, home improvements, medical expenses, or funding the early stages of a business venture before formal business credit is established.
Key Benefits
- Fixed interest rates and monthly payments
- No collateral required for unsecured options
- Use for any personal or startup purpose
- Improve credit score through consistent payments
Requirements
Meet these basic qualifications to get started. Don't meet every requirement? Our advisors can help find alternatives.
How to apply
Quick Application
Fill out our simple inquiry form with your business details and funding needs in just 5 minutes.
Discovery Call
Speak with a funding specialist who will craft a personalized strategy based on your goals.
Get Matched
Your dedicated advisor matches you with the best lenders and products from our network.
Get Funded
Complete the process with expert guidance and receive the capital your business needs.
Frequently asked questions
While personal loans are designed for individual use, some people use them to fund early-stage business ventures. However, dedicated business loans typically offer better terms and build your business credit profile.
A personal loan can positively impact your credit when you make consistent on-time payments. It adds to your credit mix and builds payment history. The initial application may cause a small temporary dip from the hard inquiry.
Unsecured personal loans require no collateral but may have higher rates. Secured loans are backed by an asset (like a savings account or vehicle) and typically offer lower rates and higher limits.
Many personal loan lenders offer funding within 1-5 business days after approval. Some online lenders can fund as quickly as the same day or next business day.
Explore similar funding options
Ready to get funded?
Take the first step toward the capital your business needs.
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