Shadow

Author: Sanna Atkinson

Sanna Atkinson is Senior Associate Editor at STFC. She loves to find new business ideas and helps startup entrepreneurs with business consultation.She has a speciality in writing about startup ideas, feasible business recommendations etc. She enjoys sharing her ideas and experiences with readers and believes that she can make a better place for startup entrepreneurs.
11 Tips to Choose an Unsecured Business Loan Today

11 Tips to Choose an Unsecured Business Loan Today

Finance
An unsecured business loan is a type of funding offered without the applicant having to provide collateral to the bank or NBFCs. When it comes to these unsecured business loans, it depends on the applicant’s financial documents, credit score and income.The unsecured business loan for a startup can help start a brand new business or manage the business flow without submitting any collateral or security with the bank. As there is no collateral required, the risk factor stays high for the bank or NBFC.Interest on an unsecured business loanWhen it comes to unsecured business loans, the interest rate varies from one bank to the other. It depends upon the applicant’s profile and their business requirements. An unsecured business loan’s interest is based upon different factors like ...