Personal Funding
Up To $400K
Unsecured personal loans and equipment financing with fixed rates and flexible terms.
Personal Loans • Equipment Financing • Equipment Leases • Unsecured Options Available
$400K
Max Personal Loan
$1M
Max Equipment Loan
5% - 18%
Fixed Rates
1 Week
Avg. Funding Speed
Not every financial need fits into a business loan box. Sometimes the funding you need is tied to you personally — a major investment, debt consolidation, a large purchase, or equipment for a business that is too new to qualify for a commercial loan. Personal financing through ImpactFundr gives individuals with strong credit access to significant capital at rates that are competitive with prime lending.
For equipment, the story is different. Whether you own a construction company, a medical practice, a restaurant, or a logistics operation, equipment financing can get you the machines, vehicles, and tools your business needs without draining your cash reserves. Equipment loans are secured by the equipment itself, which typically allows for larger amounts and longer repayment terms.
ImpactFundr works with lenders that specialize in both unsecured personal lending and equipment finance — products that many traditional banks do not focus on. We match you with the right lender based on your credit profile, income, and what you need the money for.
Products Included
Unsecured Personal Loans
Personal loans up to $400,000 with no collateral required. Ideal for debt consolidation, large personal investments, home improvements, or funding a new business before it qualifies for commercial lending. Fixed rates from 5% with terms up to 10 years.
Equipment Financing
Loans up to $1,000,000 to purchase commercial equipment outright. The equipment itself secures the loan, which typically means better rates and longer terms than unsecured options. Available to businesses of all sizes, including startups with good personal credit.
Equipment Leasing
Prefer lower monthly payments with an option to upgrade equipment down the road? Leasing gives you use of the equipment for a fixed monthly payment without a large down payment. Great for technology, vehicles, and medical equipment that may become outdated.
Use Case Flexibility
Personal financing can be used for almost any legitimate purpose — real estate down payments, business startup costs, consolidating high-rate debt, or covering a personal financial gap. We do not restrict how you use the funds.
Situations We Can Help With
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Your business is too new for a commercial loan
Startups often cannot qualify for business financing. A personal loan based on your individual credit and income bridges the gap until your business has the history lenders want.
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You need equipment to grow but cannot afford to buy outright
A $200,000 piece of manufacturing equipment or a fleet of trucks does not have to come from cash reserves. Equipment financing spreads the cost over years.
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You want to consolidate high-interest debt into a single fixed payment
If you are carrying high-rate credit card balances or short-term business debt, a personal loan at 5% to 18% can dramatically reduce your interest cost.
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You need a down payment for a real estate purchase
Some investors use personal financing to cover a portion of a real estate down payment, unlocking larger investment opportunities.
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You need capital but do not want to pledge business assets
Unsecured personal financing means your business assets stay unencumbered — useful if you plan to seek additional business financing separately.
Loan Details
| Detail | Personal Loans |
|---|---|
| Personal Loan Range | $250,000 to $400,000 |
| Equipment Loan Range | $250,000 to $1,000,000 |
| Interest Rates | 5% to 18% fixed APR |
| Repayment Terms | 1 to 10 years |
| Time to Funding | As fast as 1 week after approval |
| Credit Requirement | Good to excellent personal credit (680+ preferred) |
| Employment / Income | Stable income or employment required for personal loans |
| Collateral | None for personal loans — equipment secures equipment loans |
| Industries | Equipment financing available for any business type |
How the Process Works
Tell Us What You Need
Personal loan, equipment purchase, or equipment lease — let us know your goal, the amount, and what you plan to use it for.
Simple Application
No collateral paperwork for personal loans. Equipment loans may require a quote or invoice. Most applications take under 15 minutes.
Get Matched with a Lender
We match your profile with the lender offering the best rate for your credit score and loan purpose.
Funds in About a Week
Once approved and documents are signed, funds are typically deposited or directed to equipment sellers within 5 to 7 business days.
Why ImpactFundr for Personal and Equipment Financing
Banks offer personal loans, but the limits are often too low and the rates too high for large purchases. Specialty finance companies that focus on personal loans often charge origination fees that eat into what you actually receive. ImpactFundr negotiates on your behalf — we shop your application to multiple lenders and come back with competing offers so you make the best choice with full information.
Access to Larger Loan Amounts
Many personal lenders cap at $50,000 to $100,000. Our network includes lenders that will go up to $400,000 for qualified borrowers.
Fixed Rates Protect You From Rate Swings
Variable rate products can cost you more if market rates rise. All of our personal loan offers include fixed rates so your payment is predictable.
Equipment Financing for Any Industry
Construction equipment, restaurant equipment, medical devices, technology infrastructure, commercial vehicles — we have lenders for all of it.
Fast Turnaround
Personal loan approvals in 48 to 72 hours. Equipment financing approvals in three to five business days. Funds typically arrive within a week of signing.
Frequently Asked Questions
What can I use personal financing for?
Personal loans can be used for virtually any purpose: business startup costs, debt consolidation, real estate down payments, home improvement, medical expenses, major purchases, or building capital reserves. We do not restrict use. Equipment financing, however, is specifically for purchasing or leasing commercial equipment.
Do I need collateral for a personal loan?
No. Our personal loans are unsecured, meaning you do not pledge a home, vehicle, or other asset to get approved. Your creditworthiness — income, employment stability, and credit score — is what the lender evaluates. Equipment financing is different: the equipment itself serves as the collateral.
What is equipment financing and how does it work?
Equipment financing is a loan or lease specifically for purchasing commercial equipment. The equipment you buy secures the loan, similar to a car loan. You make fixed monthly payments over the loan term, and once the loan is paid off, you own the equipment outright. Leasing works differently: you make monthly payments for use of the equipment, and at the end of the lease you may have an option to purchase it or return it.
How is personal financing different from a business loan?
Business loans are underwritten based on your business's financial performance — revenue, time in business, business credit. Personal financing is underwritten based on your individual credit score, income, and debt-to-income ratio. Personal loans do not require a business to exist, which makes them useful for startups or for individuals who want capital without involving their business.
Will a personal loan affect my business credit?
Generally no — personal loans are reported to personal credit bureaus, not business credit bureaus. They will appear on your personal report and affect your personal score, but they will not impact your business credit file unless you default and a judgment is obtained.
Ready to get funded?
Apply in minutes. We will match you with the best personal or equipment financing for your situation.
Apply NowGet a Personal Financing Quote
Tell us what you need and we will find you the best rate available for your credit profile.