Well, lots of our clients have been asking us to help them to obtain an unsecured small business loan. Well as you can imagine, that is easier said than done! But finally we have found a bank willing to provide start up business owners with an unsecured loan up to $10,000!
Requirements for an unsecured business loan – START UP Business
- Business owners PERSONAL credit must be a minimum of 720
- Business should have a minimum of 3 months time in business
- Application, 3 months business bank statements, and executive summary are REQUIREDf
- Loan available UP TO $10,000
Requirements for unsecured business loan – ESTABLISHED Business
Are you a business owner with a company 3 years or old? (You need to have been the owner 3 years, not buying an established business.)
- Business owners PERSONAL credit must be a minimum of 720
- Application only
- Loan available up to $35,000
Alternative financing option
Sorry the requirements are pretty strict. If you don’t have the credit score required they WILL NOT consider you for this loan product.
What is the use of funds? If you are seeking this loan to purchase equipment for your business, you may want to look at our equipment lease program. That program has a very flexible credit requirements. So whether you have excellent credit or if you have filed bankruptcy in the past. Our equipment leasing program can get you funded! Just keep in mind that equipment leasing can only be used for the purchase of equipment. No working capital.