Unsecured Business Loans

Unsecured business loans allow you to borrow money for your business without the need for collateral. Unlike secured loans which require you to borrow against an asset such as a vehicle or property, unsecured loans aren’t guaranteed. As a result of not requiring any collateral, unsecured loan applications are often assessed on the basis of business cash flows and the borrower’s creditworthiness.

Unsecured business loans are short-term by nature. DependUnsecured business loans are short-term by nature. Depending on the lender, unsecured business loans can be provided for anywhere from 3 months to 3 years, however, some of our peer-to-business lenders can provide an unsecured business loan for up to 5 years.ing on the lender, unsecured business loans can be provided for anywhere from 3 months to 3 years.