An unsecured business loan has an attractive advantage over a secured loan: Small-business owners don’t have to put up collateral, such as your home, your business equipment or inventory. So if your business goes south and you can’t repay the loan, the lender cannot seize your personal or business assets. Unsecured loans, however, will likely...
The article Unsecured Business Loans for Collateral-Free Cash originally appeared on NerdWallet.
from NerdWallet
https://www.nerdwallet.com/blog/small-business/unsecured-business-loans/
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