If you want a business loan without offering security, an unsecured business loan might be just what you’re looking for. Unsecured loans are a great funding option for businesses that don’t own many assets, businesses that would prefer not to offer security, or any company that’s growing fast and needs finance quickly. With a variety of lenders on the market able to offer unsecured loans there are options for a wide variety of situations. Read more to find out how an unsecured loan could help your business.

Features and Benefits

1. Easy Repayment Option
2. Flexi Facility
3. Personalised Loan Deal

Unsecured loans: considerations

1. Almost always quicker — no valuations necessary, legal process simpler.
2. No assets required — more accessible type of finance.
3. Up front cost lower, or sometimes not required at all.
4. Overall cost usually higher, because the lender has a higher risk.