What is Unsecured Business Finance?
Unsecured finance is a type of business loan that is not secured against a physical asset. Instead, these types of loans are issued on the basis of the business’ credit history.
Why Choose an Unsecured Business Loan?
Unsecured finance can be arranged quickly and with minimal paperwork, typically taking between just 2 hours to 2 days. You can get fast access to funds up to £500K without fronting any collateral.
How it Works:
Unsecured loans do not require any security but are rather based on the current performance and net worth of the business, which are used to determine ability to repay the loan.