Unsecured business loans are loans made without requiring business collateral such as property or inventory. Unsecured loans are usually small to medium-sized loans ranging from $5k to $100k but can occasionally be as large as $500k. These loans are short in term, usually less than 12 or 18 months, and approval speeds can be as fast as 48 hours.
Unsecured loans are a fast and flexible way to address short term cash requirements or unanticipated business opportunities.