We Offer Unsecured Business Loans At Competitive Rates and Favorable Terms
For Many Business Owners, An Unsecured Business Loan Is A Smart Alternative To A Traditional Loan.
Getting approved for a business loan is a hard and lengthy process. Our unsecured business loans are a simple, fast and secure alternative.
Unsecured Business Loans
An unsecured business loan is a unique way for a business owner to get a business loan, without placing his or her valuable business or personal assets at risk. In fact, an unsecured business loan does not require any traditional “collateral” of any kind. What is required is an agreement for the business owner to allow a small percentage of their businesses future earnings to be used to pay back the original unsecured business loan. The business owner get the funds they need, without the risk associated with conventional bank-held business loans.
I would like to start out by saying an unsecured business loan is not right for every circumstance. Start up companies, such as those who have been in business under three months, as well as low volume businesses, such as those who ‘s monthly income is under $3,000, will not qualify for an unsecured business loan. All loans need some sort of way of qualifying to receive the initial, up front lump sum. In the case of an unsecured business loan, the “collateral, so to speak, is the business’s future earnings. If a company is earning over $3,00 a month, but it only has a two month history of such earnings, you can understand why we would have some reservations about putting out the monies in that scenario. You can also see why we might be hesitant if a business, even one that has been in business for a while, can not break over the $3,000 a month threshold.
Most business meet the minimum standards and should have no problem meeting the requirements outlined above. Their successful history allows us to invest in their brighter future. It gives us the comfort level needed to get them an unsecured business loan because they have a demonstrated history of bringing in the earnings needed to pay back the loan. Speaking of payback, we only take a small percentage of the business’s future earnings until the loan is repaid. This means that if you have an unexpected downturn, your covered; there are no fixed payment plans when you get an unsecured business loan from us. We know that your income isn’t fixed, so why should we fix your payments? We believe this is a more business-owner friendly repayment arrangement.It’s truly that simple.
Some of our clients were worried about their credit scores when they initially contact us about a potential unsecured business loan. Again, we have all been there; nothing achieves anything in the business world without taking a risk here or there. Once they completely understood that it was not their personal or business credit that was was the determining factor , they felt more at ease. It made sense to them, as I hope it is to you, that we are more concerned about the income than credit. Most people can rattle off their business’s assets; but almost all forget to include their business’s accounts receivables and future earnings. Those are some of the most potent and overlooked assets by most business owners. We know the value of those assets,which is why we do not require any additional assets to get you the business loan you desire.
Since we do not have to deal with verifying credit and other business assets, we normally approve our applicants within 24 hours. We have access to a wide variety of the industry’s best unsecured business loan programs and can get your cash to you in days. Think about it. We can get an unsecured business loan, from $5,000 to $500,000, into your bank account…in days. Here’s the kicker…you can use that money for any reason you deem necessary. That’s right, anything.
Most business owners use the monies to meet pressing business needs or investments, but you can use for any reason, business or personal. It’s nice to know that you can get monies in days without the hassles associated with traditional bank financing. We all know that credit has tightened. Our unsecured business loans gives the option of moving fast when an opportunity or unforeseen circumstance arises.
To learn more about our unsecured business loans, give us a call at (866) 739-5558. A member of our award winning staff would love to assist you. We usually answer our phones from 9:00am – 9:00pm Monday through Friday. If you call us and have to leave a message, rest assured that a real person will get back to you as soon as possible. Many of us work weekends as well, so let us know if that is an option for you when you leave your message. We look forward to showing you the many benefits of our unsecured business loans.