Team developing an idea - Unsecured Business Start-up Loans - Funding for Small Business Start-ups

Start-up businesses in the United States are the ones that often need capital the most. Entrepreneurs typically look first to friends and family for seed capital, but when it comes to debt financing, they turn to SBA loans, credit cards, and crowdfunding in addition to secured and unsecured business start-up loans.

When starting your own business, it’s not always easy to get the funding for a small business start-up to get off the ground. Unsecured Funding Source specializes in pre-revenue and start-up business funding. Our unsecured business start-up loans offer you the best chance of getting approved and receiving your money fast, with terms you can afford! We take the guessing out of the finance game and help ensure you are approved for the maximum amount of money possible with fair rates and the best terms available.

What are Unsecured Business Start-Up Loans?

When in need of capital, a small business can apply for an unsecured line of credit or an unsecured business loan. An unsecured business start-up loan can be used to get funding for small business start-ups and cover expenses such as working capital, inventory, or business expansion. There are also types of unsecured business start-up loans that are designed for specific scenarios. One type of unsecured business line of credit is an unsecured business start-up loan.

Start-up business loans can be used for any capital expense required to get a new company off the ground. Loans made to fund a small business start-up are commonly used for purchasing real estate or renting office space, buying equipment, supplies, inventory, or covering other start-up expenses.

Unlike a secured loan or line of credit, an unsecured business start-up loan does not require collateral. This means that a small business start-up loan can get you the capital you need without risking your hard-earned personal assets or those of your start-up business.

Benefits of Unsecured Business Start-Up Loans and Lines of Credit

  • 100% unsecured!
  • No assets or home ownership needed!
  • Renters are OK!
  • Approvals can happen within 48 hours!
  • You decide how to spend your money!
  • No documentation for qualified applicants!
  • Rates as low as 5.99% with qualifying credit!
  • We eliminate costly mistakes, and increase your likelihood of being approved!
  • 100% satisfaction guaranteed! You do not pay any fees until you have your loan in hand!
  • Easy online application!

Popular Uses for Unsecured Business Start-Up Loans

  • Working Capital & funding for small business start-ups
  • Payroll
  • Marketing & advertising
  • Inventory
  • Office rent
  • Expansion

Features of a Start-Up Loan

  • All industries considered
  • Available in all 50 states
  • No more shopping
  • Complete privacy & security
  • Expert guidance
  • Easy to understand process

Advantages of Using an Unsecured Business Start-Up Loan

A unique aspect of unsecured business start-up loans is that they don’t require the business owner to give up equity in their company or put up collateral. This allows an entrepreneur to get funding for small business start-ups and the capital they need to start their business without risking business or personal assets.

A unique aspect of unsecured business start-up loans is that they don’t require the business owner to give up equity in their company or put up collateral. This allows an entrepreneur to get funding for small business start-ups and the capital they need to start their business without risking business or personal assets.

In addition to requiring no collateral, another advantage of unsecured business start-up loans is their speed and flexibility. Unsecured start-up loans can often be obtained within a week or two and can be used for almost any expense related to funding for small business start-ups or starting a new company without requiring business financials or other documentation. Some common uses of unsecured business loans for start-ups include working capital, inventory, and advertising expenses.

Unsecured Business Start-Up Loans – Requirements

Unlike a secured loan, applying for an unsecured business start-up loan requires no collateral to qualify for the loan. This means that start-up business loan lenders use other methods to qualify a borrower for funding for small business start-ups.

A borrower must submit an unsecured loan application and pay stubs or tax returns; the type of income verification required is dependent on the lender. The start-up loan lender then reviews the application using several criteria to determine whether they will lend the borrower the requested loan amount.

Unsecured Business Start-Up Loans FAQ

What can I use an unsecured business start-up loan for?

Unsecured business start-up loans can be used for almost any start-up expense! start-up business loans are often used in funding for small business start-ups and to cover expenses such as accounts receivable, inventory, and working capital.

What is the interest rate for unsecured start-up loans?

The interest rate for unsecured start-up loans depends on several factors, including the individual’s credit score, the lender’s credit policies and the overall economy. UFS can help clients get low-interest business start-up loans at rates as low as 5.99%, with qualifying credit.

What is the difference between a secured vs. unsecured start-up loan?

The main difference between secured and unsecured lines of credit is collateral requirements. A secured loan will require a borrower to put up collateral while an unsecured loan will not. As a result, a secured loan presents less financial risk to the lender, which allows them to offer higher loan amounts. However, a borrower with good credit can often receive an unsecured loan on terms that are comparable to, if not better than, SBA and other business loans.

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