Personal Loans for Business



 

Personal Loans for Business

It’s not common knowledge that you can actually use a personal loan for business purposes. Personal loans are especially helpful for new businesses without established business histories, and often have lower interest rates than many business loans—making them a great option for young companies looking for financing.

Can be much less expensive than a business loan

Great for customers with limited business history

Repaid monthly rather than weekly or daily

 

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Maximum Loan Amount

$35,000

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Loan Term

3 to 5 years

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Interest Rates

5.99 – 36% APR

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Speed

As little as 1 day