Unsecured Small Business Loans

Financing a small business with no collateral can be challenging in today’s lending market. That’s why StreetShares is committed to providing you with the best options for getting cash when you need it most through our unsecured small business loans.

Who are unsecured small business loans for?

Unsecured small business loans are loans that are not backed by an asset. Unlike common secured loans, like mortgages and auto loans, unsecured loans are not backed by collateral such as your house or car. Instead of using an asset to back the loan, the lender looks mainly at the borrower’s creditworthiness as an indicator of their ability to pay it back. Unsecured business loans are a good choice for small business owners who already have established cash flow. A business line of credit, short term loan, inventory loan, and working capital loan are all common types of unsecured loans.

What are the benefits of unsecured small business loans?

If you have the cash flow and creditworthiness to qualify, unsecured small business loans can be a good choice. Applying for an unsecured loan is usually much easier than applying for a secured loan — there’s much less paperwork and documentation. Borrowers also usually receive their funding faster with an unsecured loan. Approval and funding is often received in days instead of months. And, if you have to default on your unsecured loan, you likely won’t have to give up your assets to the lender.

How do I apply for an unsecured small business loan?

To apply for one of our unsecured business loans, you will have to prove your ability to pay back the loan with documentation such as bank statements and tax documents. Your credit score will also often be taken into consideration. Once approved, you and your lender will agree on a repayment schedule.

When do I need an unsecured small business loan?

Even though approval and funding can be faster with unsecured loans, the best time to get a small business loan is before your business needs it. That way, you’ll be able to do your research, make a funding decision confidently, and get the best rates available.

Types of Unsecured Loans We Offer

Business Line of Credit

Flexible and fast financing option for your small business if you need a quick injection of cash.

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Short-Term Loan

Your best alternative to traditional 5-10 year bank or SBA-backed loans.

Loan Options:

Microloans »

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Inventory Loan

Short-term business loans specifically meant to help a small business purchase inventory.

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Working Captial Loan

Help finance your everyday expenses of running a business such as payroll and accounts payable.

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Other Small Business Loans Available

Secured Business Loans

StreetShares’ simple collateral-backed funding solutions enable small and medium-size companies to secure funding quickly and easily.

Merchant Cash Advance »

Invoice Factoring »

Equipment Financing »

SBA Loan »

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Veteran Business Loans

Our team of Vets has your back.

We build flexible and affordable financing solutions to meet the needs of you and your business.

Seize your American Dream with fast & affordable small business financing for veterans.

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