$1K–$100K
Loan Amount
From 6%
Interest Rates
1–5 days
Funding Speed
2–7 years
Repayment Terms
What are personal loans used for?
Personal loans are unsecured installment loans that let you borrow a fixed amount and repay over 2–7 years with fixed monthly payments. Because they don't require collateral, approval is based primarily on your credit score, income, and debt-to-income ratio.
Common uses include debt consolidation, home improvement, medical expenses, weddings, moving costs, and major purchases. Consolidating high-interest credit card debt into a lower-rate personal loan is one of the most popular uses.
Key Benefits
- No collateral required
- Fixed rates and payments
- Fast funding
- Use for almost any purpose
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. Tell us about your business, goals, and financial profile in just 5 minutes.
Discovery Call
Speak with a funding specialist who will learn about your needs and craft a personalized funding strategy.
Meet Your Advisor
Work one-on-one with your dedicated advisor through onboarding, credit optimization, and the funding process.
Get Funded
Execute your funding strategy with expert guidance and receive the capital your business needs to grow.
Frequently asked questions
Personal loans are made to individuals based on personal credit and income. Business loans evaluate business financials and are used for business purposes.
Most lenders offer pre-qualification with only a soft credit pull, which doesn't affect your score. A hard pull happens only when you formally apply — impact is usually temporary.
Most personal loans have no prepayment penalty, so you can pay off early and save on interest.
Explore similar funding options
Ready to get funded?
Take the first step toward the capital your business needs.