UNSECURED BUSINESS LOANS

An Unsecured Business Loan allows you to cover any business-related finance need.

It is a short term facility, usually up to a maximum of 12 months. You’ll repay the loan and interest daily or weekly.

No security (collateral) is required to get a loan. Unsecured Business Loans can provide a boost to your working capital and allow you to make investments in inventory, equipment, renovate, hire new staff – ANY business activity.

Some business owners use this type of business loan to cover cash flow fluctuations and even for new business opportunities.

Pros

Application processes are usually fast, simple and online

Finance available without the security of property or other fixed assets

Finance available to smaller businesses that do not meet the banks’ rigorous lending criteria

Cons

Application processes are usually fast, simple and online

Finance available without the security of property or other fixed assets

Finance available to smaller businesses that do not meet the banks’ rigorous lending criteria