Personal Loans Tailored to Your Financial Goals
Low rates, flexible terms, and local decision-making
Affordable Personal Loans for Any Need
At Cape & Coast Bank, we understand that life happens. Whether you’re consolidating debt, planning a wedding, remodeling your home, or facing unexpected expenses, our personal loans offer competitive rates, flexible terms, and the personalized service that comes from working with a community bank that truly cares about your success.
Flexible Personal Loan Options
Life’s moments matter to us at Cape & Coast Bank. From consolidating debt to funding dreams and handling surprises, our personal loans deliver competitive rates, flexible terms, and the personalized attention you deserve from your local bank.
Personal Loan Benefits
- Competitive interest rates that help you save money over the life of your loan
- Flexible repayment terms from 1-7 years to fit your monthly budget
- Quick application process with fast approval decisions made locally
- No prepayment penalties, so you can pay off your loan early without extra fees
Common Personal Loan Uses
- Debt consolidation to combine credit cards into one affordable payment
- Home improvements to increase your property value and enhance your space
- Wedding expenses to create your dream celebration without financial stress
- Emergency expenses when unexpected costs arise and you need quick funds
- Major purchases with better terms than store financing options
Find Your Perfect Personal Loan Today
Talk to our experienced team about which personal loan option is right for you. With local decision-making and personalized service, we make the borrowing process simple, straightforward, and stress-free.
Our Personal Loan Solutions
Compare our personal loan options to find the perfect fit for your financial needs. Each loan type offers unique benefits designed to help you achieve your goals with confidence and peace of mind.
Personal Unsecured Loan
Finance what matters most with no collateral required. Ideal for consolidating debt, funding special occasions, or covering unexpected expenses.
- Competitive fixed rates
- Terms up to 5 years
- Borrow $1,000-$25,000
- No collateral needed
- Fast approval process
- Fixed monthly payments
Storm Preparedness Loan
Prepare for or recover from Cape Cod’s unpredictable weather events with affordable financing for storm-related expenses and improvements.
- Lower rates than standard loans
- Extended terms up to 7 years
- Borrow $1,000-$25,000
- No collateral required
- Quick access to funds
- Local approval decisions
Sewer, Septic & Water Loan
Cover essential home system upgrades, repairs, or town connections with specialized financing designed for homeowners.
- Competitive 12.00% APR
- Extended terms up to 7 years
- Amounts from $5,000-$25,000
- No collateral needed
- Local approval process
- Fixed monthly payments
Energy Efficiency Loan
Make your home more energy-efficient with 0% financing for qualifying improvements through the Mass Save® HEAT Loan Program.
- 0% interest rate
- Terms up to 7 years
- Amounts from $500-$25,000
- No collateral needed
- Energy-saving improvements
- Reduced utility bills
Personal Secured Loan
Build credit or secure a lower rate by using your Cape & Coast Bank savings account or certificate of deposit as collateral.
- Lower rates than unsecured loans
- Flexible repayment terms
- Build or improve credit
- Savings continues earning interest
- Easy application process
- Fixed monthly payments
Personal Gap Loan
Bridge temporary financial gaps while waiting for expected funds from settlements, tax refunds, or bonuses with short-term financing.
- 90 or 180-day terms
- One easy repayment
- Amounts from $1,000-$25,000
- Quick approval process
- Flexible repayment options
- Local decision-making
Personal Loan FAQs
Get answers to common questions about personal loans at Cape & Coast Bank. Learn about rates, applications, repayment options, and more.
What can I use a personal loan for?
Personal loans from Cape & Coast Bank can be used for almost anything, including debt consolidation, home improvements, major purchases, weddings, medical expenses, and unexpected costs.
How much can I borrow with a personal loan?
Whether you need a little or a lot, we offer personal loans from $500 to $25,000—based on the loan type, your credit, and your overall financial picture.
What are the current personal loan rates?
Our personal loan rates are competitive and vary by loan type and individual qualifications. Visit our rates table below for current details on all loan products.
How long does the approval process take?
Many applications receive same-day decisions. As a community bank, we pride ourselves on quick, personal service for all our customers.
Do I need collateral for a personal loan?
Most of our personal loans are unsecured, meaning no collateral is required. We also offer secured options that may provide lower rates.
Can I pay off my loan early?
Yes! We never charge prepayment penalties, so you’re free to pay off your loan early and save on interest at any time.
How do I apply for a personal loan?
You can apply for any of our personal loans by, visiting any of our convenient branch locations or by mail with one appllication.
Why Choose Cape & Coast Bank Loans
Current Personal Loan Rates
Personal Loans
| Loan Type | Annual Percentage Rate (APR)* | Term | Minimum Amount | Maximum Amount | Payment Per Thousand |
|---|---|---|---|---|---|
| Personal Unsecured Loan | 15.00% | Up to 5 Years | $1,000 | $25,000 | $23.79 |
| Storm Loan | 12.00% | Up to 7 Years | $1,000 | $25,000 | $17.65 |
| Sewer, Septic, or Water Loan | 12.00% | Up to 7 Years | $5,000 | $25,000 | $17.65 |
| Personal Gap Loan | 15.00% | Up to 180 Days | $1,000 | $25,000 | $23.79 |
| Energy Efficiency Loan | 0.00% | Up to 7 Years | $500 | $25,000 | $0.00 |
*Rates are subject to change without notice. Loans subject to credit approval.
Ready to Get Started?
Talk to our experienced team about which personal loan option is right for you. With local decision-making and personalized service, we make the borrowing process simple, straightforward, and stress-free. Take the first step toward achieving your financial goals today.