If you do choose to delay your repayments, the loan term will be extended. For example, if you choose the 4 week option, your term will be extended by 4 weeks at the end. Our stress-free online platform is designed for simplicity and speed, helping business owners go from application to approval in a matter of hours. And while we remain a leader in the Fintech industry, our clients agree it’s our personalized service and award-winning team that sets us apart. Personal guarantees are a way for lenders to minimize their risks. Typically, they will ask for collateral in exchange for financing.

  • There are lots of funding options for a small business, and getting a loan is a good choice for many start ups.
  • First, business owners can apply for a term loan up to $150,000 with repayment terms of 24 or 52 weeks.
  • Apply for unsecured business loans online at HDB Financial Services.
  • Any company which doesn’t possess many assets might benefit from these loans.

Equipment financing customers who repay the total remaining balance early, at any point during the term, will automatically receive a 6% discount off the total remaining balance. Since then, it has grown to be one of the top direct financing companies in the U.S., providing small business lines of credit and nonprofit lines of credit that are easy, fast, and inexpensive. We pride ourselves on our 5-star reviews and an A+ rating from the Better Business Bureau/Google Reviews. Unsecured small business loans have different restrictions and are higher risk, so interest rates will be higher and other terms may be more challenging.


Of course, unsecured loans are just one type of finance – you might also be eligible for different types of commercial loans, and you may even find that another solution is a better fit for you. However, without the right advice and information at hand, you won’t be well-equipped to make the best decision for your business. We provide unsecured loans for an array of different circumstances.