Unsecured Business Loans Market
Unsecured business loans are loans that do not require collateral. This means that the borrower does not have to pledge any assets, such as property or equipment, to secure the loan. Instead, the lender assesses the creditworthiness of the borrower and decides on the basis of borrower's credit score, income, and other financial information. Unsecured business loans are typically smaller loans and have higher interest rates than secured loans, which are backed by collateral. This is due to the fact that the lender is taking on more risk by not having any collateral to seize if the borrower defa
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