Personal and Business Loans
LoanMe prides itself on offering competitive loan options for underserved individuals and businesses.


Founded in 2019, LoanMe is a lender offering unsecured installment loans. The company is headquartered in Anaheim, California and prides itself on offering competitive loan options for underserved individuals and businesses.

What is LoanMe?

LoanMe offers personal and business loans. You can apply online with zero impact on your credit score. With LoanMe available 24/7 for online applications, you get peace of mind with same-day funding and no application fees charged to you. Unlike other lenders, LoanMe charges zero prepayment penalties, meaning you can repay your loan early with no additional charges for doing so.

LoanMe also offers a LoanMe Prime, a personal loan product to access lower interest rates, and fast funding to cover major purchases or consolidated debt with loan amounts ranging from $3,100 to $10,000.

Who Owns LoanMe?

LoanMe is owned by NextPoint Financial.

Is LoanMe a Direct Lender?

Yes, LoanMe is a direct lender that offers installment loans through Lead Bank and CC Connect, a division of Capital Community Bank.

Is LoanMe a Legitimate Company?

Yes! LoanMe is accredited by the Better Business Bureau and Consumer Affairs. It also boasts over 1,000 excellent reviews on Trustpilot.

Is LoanMe a Good Company to Get a Loan from?

LoanMe is worth considering if you’re in the market for a personal or business loan.

Here’s why:

  • Loan options for consumers with lower credit scores
  • Fast application process
  • Funding is available seven days a week
  • No prepayment penalties
  • No application fees

How Do LoanMe Loans Work?

Below is the three-step process to secure the funding you deserve:

  • Step 1: Use the online form to get pre-qualified.
  • Step 2: Select the most suitable option and move forward with the application process.
  • Step 3: Receive your funds in just three to four hours.

LoanMe Loan Options

LoanMe offers personal loans and business loans.

LoanMe Personal Loans

Whether you want to consolidate debt, pay medical expenses, make a large purchase or cover the cost of a financial emergency, a LoanMe personal loan is worth considering. Loan amounts range from $1,000 to $30,000. The interest rate is fixed, and you’ll make equal monthly installment payments over a set period. You could qualify if you’re at least 18 years of age and have an active checking account that can be managed using online banking. Also, prepare to provide the following documents to the loan agent:

  • A photocopy of your driver’s license, passport or state identification card
  • A voided check
  • A recent pay stub or proof of self-employment (if applicable)

If your application for a personal loan is approved, you could receive the funds in your bank account on the same day.

LoanMe Prime Loans

Access lower interest rates on your personal loan with the LoanMe Prime loan product. With loan amounts ranging from $3100 to $10,000, you can get funded as fast as 3-4 hours after your approval. Submit your information online 24/7 to pre-qualify with no impact on your credit score.

LoanMe Business Loans

Are you a business owner searching for capital to cover start-up costs, equipment, inventory, payroll, fill funding voids or expansion efforts? With a LoanMe business loan, you could get approved for between $3,500 and $250,000. If you’d prefer a merchant cash advance, LoanMe is one of the few lenders in the U.S. that offers monthly instead of weekly repayment terms.

You should be 21 or older, have a business checking account that’s been open for at least 90 days and own 25 percent of the business. LoanMe will also need the authorization to view your credit profile and score.

Before you apply, gather the following:

  • A photocopy of your driver’s license, passport or state identification card
  • A voided check (from your business checking account)
  • The Employer Identification Number (EIN) for your business

Apply online or by phone to receive an instant decision. If approved, analyze your loan offers and consult with a business loan specialist from LoanMe to help narrow down your options. Select the best choice for your business, submit the requested documents to the lender and receive the funds by wire to your bank account the same day (but it could be in just 2 hours).

Loan terms vary and could span up to 10 years. Plus, you’ll enjoy an affordable fixed monthly payment for the life of the loan and not incur prepayment penalties if you decide to pay the balance off early.

*Please note that small business loans are only available in Alabama, Arizona, California, the District of Columbia (Washington, D.C.), Delaware, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Maine, Missouri, Mississippi, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Ohio, Oregon, South Carolina, Utah, Virginia, Washington, Wisconsin and Wyoming.

LoanMe Reviews

Here you can find a few highlights of LoanMe customer reviews displayed on their website:

  • The process was straightforward, and the loan officer was very kind and helpful. I received funding within an hour! Absolutely amazing!— Joan L. (Source: Trustpilot)
  • Quick, hassle-free and professional. The loan officer was phenomenal! Thank you!— Jacenta R. (Source: Trustpilot)
  • The members of the LoanMe team were dedicated, experienced and went the extra mile to help me with the loan process. The loan process was quick, and the approval time was fast. Thank you, LoanMe!— Barbara T. (Source: Trustpilot)

How to Apply for a Loan with LoanMe

Apply for a loan using the online form for consumer loans or the online form for business loans. You can apply 24/7 and receive a quick decision.


Reviews 99



LoanMe Products and Services


Personal Loans

A personal loan from LoanMe can help you consolidate debt, make home repairs, cover financial emergencies or fund that special occasion. You could pre-qualify with no impact on your credit score, and if approved, get cash in your account within 1 day.

Learn more

Prime Loans

Take advantage of lower interest rates for a personal loan between $3,100 and $10,000, pre-qualify with no impact on your credit score and get funded as fast as 4 hours after approval.

Learn more

Business Loans

Start or grow your business with capital from LoanMe. You won’t have to submit a load of paperwork or wait several days or weeks to receive a lending decision. Instead, you’ll know if you’re approved right away and could get funding the same day.

Learn more

Why Us

Flexible Loan Solutions

LoanMe offers personal loans and flexible funding options for your business. Or you can find the perfect loan to refinance your existing mortgage or purchase the home of your dreams.

Streamlined Application Process

Get pre-qualified in minutes with no impact on your credit score. Even better, there’s no obligation to move forward if the available options don’t quite work for you.

Rapid Funding

You could get the funds you need 7 days a week. Some loan options offer funding in just a few hours.

LoanMe Spotlight


Get the Funds You Deserve

LoanMe Spotlight
Whether you need a personal loan or a business loan, LoanMe is a one-stop shop for flexible funding solutions. They’ve funded over $3.5 billion in loans to date and can help you get the funds you need in just three to four hours. See how they compare with other personal loans lenders.

Get Pre-Qualified For Your Loan

Some lenders offer a simple online form to get pre-qualified for a loan without any impact on your credit score. The process is usually easy and straightforward with online lenders. Compare them to get your funds as soon as possible.

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This page’s information results from independent research by our editorial team, who does their best to reflect factual and accurate information about the financial institution and its products. Financial institutions are not responsible for the content posted on; visit the financial institutions’ website or contact it directly if you have any questions.

If you work for this financial institution and want to adjust any information, contact us at [email protected].

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