No Collateral Loans: Getting the Best Unsecured Business Financing
A no collateral loan (or unsecured business loan), may be a necessary option for business growth and operations. However, the loan application process, and strict requirements may make acquiring such financing extremely difficult. Businesses in need of a loan with no collateral can qualify for unsecured financing in the form of a business cash advance (up to $250,000) without banks and traditional lenders.
Applying for a business cash advance is simple. Unlike traditional business loans, a cash advance has few requirements and can be approved in less than 24 hours. No tax records or business plans are required. Even if you have no collateral and bad credit you can still get the business financing you need, faster than any traditional, unsecured business loan!
Business Cash Advance: Loan alternative With No Collateral Required!
Business cash advances are based on future credit card sales, no collateral is required to secure them, meaning security and credit do not weigh in on the decision for approval. In addition to the minimal requirements, cash advances offer businesses flexible repayment options.
Business Cash Advance - “No Collateral Financing” Requirements:
Your business is registered in the United States
You process $2,500 or more in credit card sales
Your business already exists (This is not available to start-ups)
More than 95% of businesses that meet these requirements are approved for a business cash advance of up to $250,000.