A simple-interest term loan is an excellent option for launching a new business, investing in coaching or consulting programs, or consolidating high-interest debt. The process is fast and straightforward—you can receive an approval in as little as 24 hours and funding within just a few days. Terms range from 1–6 years with predictable monthly payments and simple interest rates starting as low as 6%.

Loan Amounts:
$20,000 – $200,000

What You Need to Apply

Completed Clear Line application

Proof of income (W2, tax return, 1099, or recent pay stubs)

Application Review:
24–72 hours

Minimum Qualifications

650+ FICO

At least $50,000 in provable annual income

Self-employed applicants:

Minimum 2 years in business

Must show a profitable business on tax returns or financials