Unsecured Business Loans

An unsecured business loan is a collateral-free form of financing. Rather than leveraging business funding on personal or business assets, an unsecured business loan places emphasis on the overall health of a business. Many business owners turn to unsecured business loans in order to avoid the traditional bank lending process.

Unsecured business loans are advantageous for small business owners who are looking for a simple, fast, and hassle-free lending process. Annual percentage rates are typically higher with shorter repayment periods than bank loans. This type of financing may be preferred by business owners who do not want to risk their personal collateral in order to obtain the financing they desire.

Want to avoid the ridged restrictions of typical business lending? Alternative lenders are the way to go. SnapCap specializes in finding flexible funding, including unsecured loans, for businesses of all sizes.