Best Business Loans With No Personal Guarantee in October 2026
Fund your business without risking your personal assets
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| Lender | User rating | Best for | Starting rate | Amount | Term | |
|---|---|---|---|---|---|---|
|
Invoice factoring | 1.90% | 100% advance rate, minus fees | 30 days | ||
|
Merchant cash advance | 1.10 factor rate |
$10k – $5M |
3 to 18 months | ||
|
Equipment financing | 5.99% |
$10k – $250k |
12 to 60 months | ||
|
Freelancers and Gig Workers | 1.30 factor rate | Up to $15k | Varies | ||
|
Bad credit | 1.20 ( factor rate) |
$2k – $2M |
2 to 24 months |
Read more about how we made our picks for best business loans with no personal guarantee.
Business loans with no personal guarantee
Best for: Invoice factoring – FundThrough
- Starting rate
- 1.90%
per 30 days
- Amount
- 100% advance rate, minus fees
- Time in business
- Not specified
- Term
- 30 days
- Min. credit score
- Not specified
- High advance rate
- Next-day funding timelines
- Pick and choose which invoices to submit
- Not a lot of reviews from customers
- $100,000 in receivables to get started
- No real estate or construction businesses
FundThrough is a good choice if you’re an established B2B company looking to speed up invoice payments and maintain cash flow. It works with a wide range of industries and offers streamlined connections to your accounting software. Unlike some invoice factoring companies, you aren’t required to submit all of your invoices, so you can pick and choose which invoices to factor. FundThrough also offers a high upfront advance rate, so you get more of your money, faster.
While FundThrough works with a wide range of invoice amounts, you’ll need at least one invoice of $100,000 or more to get started, or have an open receivables account of at least $100,000 with a single customer. If you do, you can easily submit your business information through a form on FundThrough’s website. You may need to provide information on your customers, connect your business banking account and authorize FundThrough to view your past tax information.
Best for: Merchant cash advance – Uplyft Capital
- Factor rate
- Starting at 1.10
- Amount
- $10k to $5M
- Time in business
- 3 months
- Term
- 3 to 18 months
- Min. credit score
- 500
- Funding within three days
- Excellent customer reviews
- Offers ACH and credit card-based MCAs
- More expensive than other options
- Daily or weekly payments required
- $10,000 minimum monthly revenue required
Uplyft Capital typically offers merchant cash advance (MCA) funding amounts ranging from 10% to 250% of your average monthly receipts. You’ll repay this as a cut of your sales, typically ranging from 8% to 20% of your daily or weekly revenue. Uplyft Capital has a good reputation among business owners, thanks to its quick funding times and greater accessibility across a wide range of industries, credit profiles and lengths of time in business.
Uplyft Capital works with businesses that have been operating for at least 3 months and are making at least $10,000 each month in sales. You’ll need some sort of merchant processing system that Uplyft can connect to, so it can automatically calculate and deduct your payments.
Best for: Equipment financing – Triton Capital
- Starting rate
- 5.99%
- Amount
- $10k to $250k
- Time in business
- 2 years
- Term
- 12 to 60 months
- Min. credit score
- 600
- Available for startups
- Funding within two business days
- Works with a wide range of industries
- Potentially high interest rate
- Maximum loan amount may be too small for some business needs
Speed and flexibility are two of Triton’s hallmarks. You can get an equipment loan very fast — within two business days — if you’ve got everything in order for your purchase. Triton also claims experience in 175 different industries, doesn’t require excellent credit and it offers options for established businesses and startups alike. One caveat is that if you’re running a very large operation, you might find yourself a bit limited by the $250,000 loan cap.
Triton Capital generally requires at least 2 years in business for standard equipment loans, although it also offers options for startups, too. To apply, you can call the company or fill out a form on its website. You’ll need to include at least three months’ worth of business bank statements and a quote for the equipment you’re buying.
Best for: Freelancers and Gig Workers – Giggle Finance
- Factor rate
- Starting at 1.30
- Amount
- Up to $15k
Up to $15,000 ($20,000 for repeat customers)
- Time in business
- Not specified
- Term
- Varies
- Min. credit score
- None required
- Lending decision within minutes
- Easy qualification for most gig workers
- Discount if you pay it off within 30 days
- Poor customer service reviews
- Doesn’t openly disclose key pricing details
- Not available in California, New York or Oregon
Giggle Finance offers merchant cash advances (MCAs) to 1099 workers, a group that generally has a harder time qualifying for funding than more traditional business owners. Although it does not offer a huge amount of funding, it’s likely enough to buy most things that gig workers might need, like laptops, camera equipment or conference travel expenses. Payments are due weekly and are set based on your business income at the time you apply. If your income changes, you can have your payment amount recalculated.
Giggle Finance offers an automated online application that connects directly to your business bank account. It will analyze details such as your revenue patterns and bank overdrafts to determine eligibility, rather than things like your personal credit score. In order to get approved for financing, you’ll need to have at least three months in business and be earning at least $2,500 per month in business revenue.
Best for: Bad credit – Reliant Funding
- Factor rate
- Starting at 1.20
- Amount
- $2k to $2M
- Time in business
- 6 months
- Term
- 2 to 24 months
- Min. credit score
- No minimum
- Offers same-day funding
- Bankruptcies, defaults and bad credit OK
- Pay-in-full discount if you repay it within 30 days
- Not upfront about actual costs
- Requires daily or weekly payments
- Manual payment adjustments; doesn’t scale automatically
Reliant Funding’s financing operates as a merchant cash advance (MCA), which typically works best for businesses with high sales volumes, like retail or service businesses. Its MCA is easy to qualify for as long as you’ve been operating with a modest income for a few months, and Reliant makes it easy to apply for new funding when you need it, too.
Like other MCAs, Reliant requires daily or weekly payments. It bases your payment on your previous three to four months’ of income. If your sales change, you can adjust your payment amount, too, but you’ll need to contact the company to manually recalculate your payments.
Reliant offers a no-obligation form where you can get in touch with a representative to explore your funding options. Its requirements are more lenient than other merchant cash advance lenders, but it does have some you’ll need to meet:
- Three to 6 months’ time in business
- Business checking account with $1,000 minimum daily revenue balance and $6,000 in monthly deposits
- It can be very difficult to find a true no-personal-guarantee loan, so make sure to read the fine print of your loan agreement.
- Equipment financing lenders typically secure the loan with the property you’re buying, in lieu of a personal guarantee.
- Small business lending options such as invoice factoring or merchant cash advances typically use factor rates instead of an APR.
What are business loans with no personal guarantee?
A business loan with no personal guarantee means that if your business goes under, the lender generally can’t come after you, individually, for payment. Your personal assets are safe. That can provide peace of mind if you’d stand to lose a lot from your business failure. That’s a nice safety net, but one that’s hard to find — nearly 60% of small businesses that borrow money need to sign a personal guarantee in order to get approved, per the Federal Reserve’s 2026 Report on Employer Firms.
If you won’t personally be repaying the loan funds in the event your business goes under, lenders will need some other way to recoup their lost money. Sometimes that means putting up collateral that can be repossessed if you default on the loan. Other times, lenders may simply charge higher rates to account for the risk.
If you co-own a business with someone else, lenders may require you to sign a “limited” personal guarantee. This caps your individual liability just to the percentage that you own of the business. For example, if you have a 20% share in the business, your liability is capped at 20%. Check for clauses that can shift liability back to you, personally, such as if you commit fraud.
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Types of business loans without a personal guarantee
Certain types of small business financing are more likely to skip the personal guarantee due to the way the funding is structured. Here are a few options:
- Invoice factoring: Businesses that send invoices with slow payback times can “sell” their invoices to a factoring company in exchange for a slightly smaller cut of the payment. Since your customer now owes the factoring company instead of you, you aren’t required to personally guarantee the funds.
- Equipment financing: You can use the equipment you’re taking the loan out for as collateral. If you don’t repay the loan, the lender can repossess the equipment instead of your personal finances.
- Merchant cash advance: With an MCA, you’ll get a lump sum of cash, which you’ll repay through steady deductions based on a percentage of your daily, weekly or monthly sales. Thus, your payment scales up or down with your sales. An MCA typically charges a factor rate instead of an interest rate, and your payments simply continue until you’ve paid back the total amount you owe.
How to get a business loan without a personal guarantee
Most business loans require a personal guarantee, but not all. Here are some ways you can avoid putting your personal assets on the line:
Improve your financials
Lenders are more comfortable lending money to businesses with strong financial profiles. Here are some ways to make your application stand out:
- Make a larger down payment if you’re purchasing an asset.
- Grow your monthly sales and/or pay down other business debts.
- Ask if the lender is willing to accept collateral in the form of other business assets.
- Take steps to grow your personal credit score, such as paying down credit card debt.
Research and compare offers
Small business lenders often focus on specific industries that they know best. Spend some time researching lenders and checking your loan options. At this point, it’s a numbers game: The more lenders you compare, the greater your odds of finding the right loan for your needs that doesn’t require a personal guarantee. Marketplaces like LendingTree can help you compare multiple offers after filling out just one form.
Wait until you’re more established
Many lenders set time-in-business requirements, which allow your business a chance to prove itself before saddling you with debt. A common requirement is having at least two years in business before you’re eligible for funding, especially if you won’t be signing a personal guarantee.
There’s not much you can do to improve this metric, besides simply taking steps to improve your business’s creditworthiness in the meantime so you’re ready to hit the ground running when you’re eligible for financing with more lenders.
Business loan requirements without a personal guarantee
Lenders typically set higher requirements for other qualification metrics if you won’t be personally agreeing to repay the funds if your business defaults. These requirements can vary a lot by lender, but here are a few examples of what they may require in lieu of a personal guarantee:
- Collateral: An asset the lender can take if you don’t repay the secured business loan.
- Higher revenue: Stronger cash flow means there’s less risk you’ll default.
- Low-risk industry: Fields with steady cash flow, such as healthcare providers or contractors, are generally perceived as less risky to lenders.
- Longer time in business: Business operating for two years or more may face less scrutiny by lenders.
- Separate business entity: Sole proprietorships aren’t eligible, since, by default, they’re already legally liable for their business debts.
Funding options that don’t require a personal guarantee
Business Grants
Business grants are the scholarships of the entrepreneur world. Funding is usually competitive, and you aren’t guaranteed to receive anything. But if you do receive a business grant, it typically doesn’t need to be repaid, as long as you uphold the grant’s terms.
Business Credit Cards
Business credit cards offer a convenient way to purchase things for your company. A major benefit is being able to provide business credit cards to your employees, so that you don’t need to be personally present to buy every last paper clip or tank of gas. Business credit cards can also allow your company to earn rewards and start building a credit score of its own.
Crowdfunding
Businesses with buzzworthy stories and a good social media presence can often raise enough funds through crowdfunding platforms like Kickstarter. If your crowdfunding efforts aren’t successful, you simply won’t receive the funds, but you won’t have to repay anything, either. But if you are successful, you’ll typically need to repay your generous backers with some type of product related to your business, if not the actual product you’re hoping to create.
Methodology: How we chose the best business loans with no personal guarantee
To identify the best business loans with no personal guarantee, LendingTree’s editorial team evaluated lenders and financing products against the following criteria:
Personal guarantee policy. We prioritized lenders whose terms, agreements or public disclosures indicate that a personal guarantee is not a standard requirement, or that one may be waived for qualifying borrowers.
Funding speed. We gave weight to lenders offering same-day or next-business-day funding, since speed is often a primary driver for borrowers considering alternative, non-bank financing.
Eligibility requirements. We compared minimum credit score, time-in-business and annual revenue thresholds across lenders, favoring options accessible to a range of business profiles — including startups and lower-credit borrowers — while still surfacing lenders built for stronger, more established businesses.
Loan amounts and terms. We considered the range of loan or credit line amounts available, along with repayment terms, to ensure picks serve both small working-capital needs and larger financing goals.
Rates and fees. Where lenders disclosed starting rates, factor rates or origination fees, we factored in overall cost of capital, noting that no-personal-guarantee products often carry higher rates or fees than comparable PG-backed financing.
Customer experience. Where available, we considered customer reviews and ratings to gauge real-world borrower experience with each lender.
Frequently asked questions
A UCC lien is a public document that lenders file against either your personal or business assets, allowing them to claim that item if you don’t repay the debt. A personal guarantee, in contrast, means you’re voluntarily agreeing to pay the debt with your personal assets if your business doesn’t keep up with the payments.
Yes. All business owners who own more than a 20% stake in the business must sign a personal guarantee for all SBA loans.
Equipment loans often don’t require a personal guarantee because they use the equipment itself to secure the loan. If you don’t repay the loan, the lender simply repossesses the equipment.
It’s possible, but less likely than for a business with an established track record spanning two years or more.
Often, but not always, and it depends on the type of business loan. Equipment loans typically require collateral (i.e., the purchase you’re making).