Compare unsecured business loans for 2022
However, those that have already been in business and are simply expanding may qualify easily. There are also other specified loans for launching businesses, such as real estate financing. Secured loans offer lower interest rates because the lender doesn’t consider these loans to be risky. An unsecured loan typically has higher interest rates since the loan is not guaranteed.
Yes, our unsecured business loans are also term loans, which means that a business owner will make fixed monthly payments, without any risk to their personal assets. However, failure to make repayments can leave the business owner personally liable. When you … Read more