The Best Personal Loans for Freelancers in 2026

Liberty Financial offers both secured and unsecured loans, starting at just 5.67% APR. This lender is known for its flexible criteria, making it a strong choice for freelancers who might not fit traditional bank profiles. However, the lack of a branch network could be a drawback for those who prefer face-to-face interactions.

OurMoneyMarket provides competitive rates with no ongoing fees, ideal for freelancers looking to minimize monthly costs. Their starting APR of 5.95% makes them a budget-friendly option, but the maximum loan term of 5 years may not suit everyone.

Plenti offers quick funding within 24 hours of approval, which is a significant advantage for freelancers needing fast access to money. Their rates start at 6.17%, and the lack of monthly fees adds to their appeal, though the loan cap of $75,000 might be limiting for larger needs.

Harmoney stands out with its low unsecured rate starting at 5.76%. Their fully online process is convenient for tech-savvy freelancers, but the $70,000 cap could be restrictive for larger projects.

Westpac offers strong branch support and discounted electric car loans, a unique perk for environmentally-conscious freelancers. Their unsecured rates, however, are higher than fintech competitors.

ING's fully digital application process and competitive fixed rates starting at 6.19% make it an attractive option for freelancers comfortable with online banking. The maximum loan amount of $60,000 may be a limitation for some.

NAB's tight rate band and waived application fee until July 2026 offer cost savings, especially for higher-risk freelancers facing steeper rates elsewhere. However, the monthly account fee may add up over time.

Commonwealth Bank's in-app loan management is a boon for existing customers, despite the $250 establishment fee on unsecured loans. The EV Access Program offers a competitive 5.79% APR for eligible buyers.