Mayflower Funding features personal, business loans - no collateral

frequently asked unsecured loan questions

For information about the terms used, see the Glossary.

How much can I borrow?

Generally speaking, you can take out a small business loan or a personal loan from $10,000 to $50,000. Amounts may vary based on a number of personal credit attributes. Small personal loan amounts are also available.
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What will the interest rate on my loan be?

The interest rate on your personal loan or small business loan will vary depending on your credit. The average rate for most unsecured loans is prime rate plus 5 and up.
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How long is the loan term?

Our unsecured loan terms range from 24 to 84 months.
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How long will it take to receive my loan?

We’ll evaluate your initial unsecured loan inquiry within 24 hours. If you pre-qualify for the unsecured loan, you’ll be asked to provide information for a brief personal or business loan application. In many cases, Mayflower clients receive their money within 7 business days after we receive their full loan application.
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My credit isn't perfect. Can I still apply?

Please do. Depending on your income and the amount of money you’re seeking, we may be able to help you with your funding needs. Excellent credit for personal loans isn’t necessary, we work with all people seeking loans.
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Why is Mayflower Funding better than a bank?

You’re just another customer to a bank. At Mayflower, we’ll lead you through the entire loan process, step-by-step, and will keep your credit information completely confidential. Whether you are seeking an unsecured personal loan or business loan, you can count on MayFlower Funding to deliver personal service.
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Will my personal information be protected?

Mayflower Funding takes every measure to protect your personal information. Your application will be encrypted during all transmissions and our state-of-the-art secure servers ensure your private data stays private.
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