What is an Unsecured Business Loan?
One of the main benefits of an unsecured loan is that new loan applications are processed quickly, with funds being ready for transfer within just a few days. Some lenders can even process an application and send funds on the same day.
Benefits of unsecured business loans
- Borrow between £10,000 and up to £1 million
- Funds can be released quickly after approval
- Minimal paperwork required
- Does not require any asset security
- Flexible repayment terms from 1 month to 5 years
