Unsecured business loans
There is a massive variety of unsecured business loans. Unsecured start up loans and growth loans, are government backed, with more relaxed criteria and very competitive – to help brand new or recent businesses get off the ground.
Larger unsecured loans for established businesses to expand or refinance based on their financial performance and credit history. Smaller unsecured cash flow loans to help businesses get over a hump which don’t involve the company assets or invoice factoring.
Being unsecured, the borrowers credit history is a key consideration but we have lenders which will take a view if a historic problem has been resolved. Often a solution to more complex cases can be found with a blend of solutions which could also involve other products, where appropriate such as commercial mortgages, invoice factoring, or even a secured loan or remortgage secured against the borrowers home. We have the in-house expertise to deal with all options and give regulated advice where the introducing broker is not authorised.