Personal Loan Funding
Access up to $250,000 in personal funding with a 0% promotional interest period. Ideal for business owners who need flexible capital without business documentation requirements.
How It Works
Personal loan funding provides access to capital based primarily on your personal credit profile rather than business performance. This makes it an excellent option for newer businesses or when you need funds quickly without extensive business documentation.
Take advantage of our 0% promotional interest period to access capital with no interest charges for a limited time. After the promotional period, competitive rates apply based on your creditworthiness.
Key Features
Loan Amounts
Up to $250,000 depending on personal credit score, income, and debt-to-income ratio.
Promotional Period
0% interest for the promotional period. Length varies based on loan amount and credit profile.
Interest Rates
After promotional period, APR typically ranges from 6% to 29% based on creditworthiness.
Repayment Terms
Fixed monthly payments over 12 to 84 months, depending on loan amount and lender.
Funding Speed
Fast approval process. Funding typically within 1-5 business days after approval.
Documentation
Minimal documentation required. No business financials or tax returns needed in most cases.
Best Use Cases
- Business startup costs: Launch your business without established business credit
- Working capital: Bridge cash flow gaps or fund growth initiatives
- Debt consolidation: Consolidate high-interest business debts into one payment
- Equipment or inventory: Purchase assets without collateral requirements
- Personal needs: Cover personal expenses while growing your business
- Take advantage of 0% period: Finance large purchases interest-free during promotional period
Qualification Requirements
Minimum Criteria
- Personal credit score of 660+ (700+ for best rates)
- Verifiable income (W-2, 1099, or business income)
- Debt-to-income ratio under 45%
- U.S. citizen or permanent resident
- No recent bankruptcies or major delinquencies
Documentation Needed
- Government-issued photo ID
- Proof of income (pay stubs, tax returns, or bank statements)
- Social Security Number
- Proof of address
- Bank account information
Advantages vs. Disadvantages
Advantages
- ✓0% promotional interest period
- ✓No business documentation required
- ✓Fast approval and funding
- ✓Fixed monthly payments
- ✓Flexible use of funds
- ✓No collateral required (unsecured)
Disadvantages
- ×Relies on personal credit score
- ×Personal liability for repayment
- ×Lower limits than business loans for some
- ×Interest applies after promotional period
- ×May impact personal credit utilization
- ×Origination fees may apply
Example Scenario
A business owner with a 720 credit score needs $100,000 to purchase inventory and fund a marketing campaign. They qualify for a personal loan with 0% interest for 12 months, then 9.99% APR for the remaining term.
Actual terms vary based on credit profile and lender. This is for illustrative purposes only. Pay off during the promotional period to avoid interest entirely.
Ready to Apply?
Get pre-qualified in minutes. No hard credit pull to see your options.
Start ApplicationQuestions? Talk to a specialist:
(215) 999-8412
Mon-Fri 9am-6pm CT