Unsecured Business loans..?

williamjames732williamjames732 subscriber Posts: 2
edited July 2013 in Startup Funding
Hello All,
 
I want to know What is Unsecured Business loans and what are the conditions to get these loans..?
 
Thanks

Comments

  • davey1davey1 subscriber Posts: 0
    "Unsecured" means just that... no collateral (real estate. equipment) or assets (invoices) attached to the loan. These are based strictly on good (700+) credit and usually come in the form of business credit lines.
    Without excellent credit it's impossible to get them...
  • christiancolechristiancole subscriber Posts: 0 Member
    Unsercured Business Loans are loan to a business that are not secured by a collateral. Typically, the sender has only the business history and credit history of the business owner to rely on in deciding whether or not to extend the loan.
  • williamjames732williamjames732 subscriber Posts: 2
    Thanks Businessloans!! For your Just awesome reply. It means a lot for me!!
  • LindaKingLindaKing subscriber Posts: 0
    William - You've gotten great advise here on your post!
    I will say, however, that one of our funding programs will provide Unsecured loans with a 660+ credit score.
    The other option you have is utilizing a business partner if you have one OR a Secured loan depending on the amount you need.
    Connect with me if you have further questions - we always try to assist where we can!
    lk
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