Unsecured Business Loans | Factoring Marketplace

What is an Unsecured Business Loan?

An unsecured business loan is a type of loan that does not require collateral to get financing. Instead your customers and how much money your business is making in sales determines the approval. The loans themselves can come in different forms such as credit cards, or payday loans. A main advantage to an unsecured business loan is the flexibility. Term lengths vary greatly, and the payback can be customized.

Our marketplace is filled with small business financing companies that get your business approved and paid in just a few days. We will work hard to get you matched with the best small business loan company in your industry and niche.

Unsecured Business Loans Give Flexibility to Small Businesses

Unsecured business loans are all about flexibility. If your business is growing or needs the funds to grow, an unsecured business loan is the way to go. A financing company can get your business the working capital it needs to grow, pay for renovations, make payroll, or any other expense that is needed in a hurry. The financing companies we work with are associated with many different kinds of industries and niches. Regardless of what type of business you have, we can get you the funding you need to grow.

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We know how to get your business funded. If you’re not sure which funding product is best, we’ll walk you through the options.

Types of Unsecured Business Loans

Merchant Cash Advance

A merchant cash advance is an advancement on future sales and is paid back in increments out of the debtors account or from credit cards sales. MCAs are great for B2C companies that cannot get approved for a traditional bank loan, and offer a much faster process.

Working Capital Loans

A working capital loan is a loan equipped for every day finances. You repay back whatever you withdraw and can repeat the process. A working capital loan gives your business the freedom to use the funded amount on any business expense you choose, whenever you need it.

What You Don’t Know About Unsecured Business Loans

Many think that an UBL loan offers a lower amount. This is actually the opposite.

Secured business loans offer a limited loan because they use collateral. Unsecured loans do not take collateral, therefore leaving your business able to take on a higher amount.

Unsecured loans are also funded at a quicker rate than a regular loan.

With a regular loan, the bank needs to appraise the assets that are being put up as collateral. Since there is no need for collateral with an UBL, this step is skipped.

In some cases, businesses can be funded in as little as 72 hours. There is far less paperwork involved which makes an UBL far easier to obtain.

How to Grow Your Business with Unsecured Business Financing

We understand that it isn’t always easy for small businesses to get the funding they need to grow their business. That’s why the companies we partner with act fast. Many provide financing for your business with the added perks of zero processing fees, application fees, or anything else that could cause a financial bump in the road. Your business will be able to pay for all needed expenses with an unsecured business loan. This way, you can continue to grow your business without having to stop any normal daily tasks. The extra cash you will receive can greatly increase the size of your business. You just have to give us a call to get started.

Fast Funding Whenever You Need it

Unsecured business loans differ greatly than traditional loans in all the right ways. Your business can get approved and have funds in hand in as little as 72 hours. Whether your business is low on working capital or needs a little more funds in order to expand, an unsecured loan could be the answer. Are you unsure about what direction your business should go? Don’t worry. A part of our service is assessing your business and seeing if you are a right fit for an unsecured business loan.

Unsecured Business Loans Provide Strong Relationships

Our marketplace is filled with dedicated business loan companies that are ready to give your business the financial boost it needs to grow. Building a strong relationship with a finance company is important. When a strong relationship is formed with a finance company, it leaves a good impression on the loan company for future loans. Your chances of receiving more unsecured loans in the future are increased greatly. The loan company will even be inclined to get you funded in just a few short hours. This can also leave your business with good credit and a positive financial history. The finance companies we work with are equipped to work with businesses of all sizes.

What Makes our Loan Marketplace Different?

When your business is running low on the working capital it needs for every day expenses, the last thing you need to worry about is a reliable funding source. Your business probably doesn’t have the time in between daily tasks to look for the best financing company. That is where we come in. We have relationships with many different loan companies that can get your business funded based on your industry and niche. First we will listen to what it is that you are looking for in a financing company. Then we will partner you with the best for your specific needs and wants. Not interested in a loan? We have other financial options that may be a better fit for your business. Once we decide which financial company is best for you, we will put you in contact with them in minutes. The finance company will then get you started on the approval process and soon payment in just a few short days.