For many UK businesses, the biggest barrier to traditional financing isn't revenue or profitability. It's collateral. Banks have historically required property, equipment, or other assets as security for business loans. But what if your most valuable assets are your people, your reputation, and your revenue stream?
What Makes a Business Loan 'Unsecured'?
An unsecured business loan doesn't require you to pledge specific assets as collateral. Instead, the lender assesses your ability to repay based on your business's financial performance: revenue, cash flow, and trading history.
