With an unsecured business loan, you can access finance quickly for your business without offering an asset, such as property or any other form of collateral, as security for the loan. So, if your business doesn’t own many assets but needs funds quickly, an unsecured business loan offers you a quick solution to getting the finance you need for your business.
An unsecured business loan offers a quick and easy funding solution for UK businesses. You can borrow up to £500,000, and even up to £2 million unsecured with some boutique lenders. Unsecured business loans are popular funding products for business owners due to their competitive rates, flexible terms and the speed at which funds can be made available.