Stock purchases
Secure inventory or materials without attaching the loan to that stock.
Unsecured business loans
Need business funding without tying a specific property or asset to the loan? Compare potentially suitable unsecured options for stock, cash flow and opportunities.
No specific assetMay not require property or equipment as security
Lender checks applyCredit and affordability assessment can still be required
Terms varyCompare total cost, repayment frequency and conditions
Funding without pledging a specific asset
An unsecured business loan may let an eligible business borrow without offering a named property, vehicle or piece of equipment as collateral.
Unsecured does not mean unassessed or risk-free. The lender will still decide whether the business can afford the loan. Some lenders may also require a director's personal guarantee, a general security agreement or other commitments, so read the proposed contract closely.
Because the lender is not relying on a specific asset, eligibility, pricing and available amounts can differ from secured finance. Compare the annualised rate where provided, all fees, total repayment, term, repayment frequency and what happens if a payment is missed.
Compare cost as well as speed
Digital applications can make assessment quicker, but speed should not replace a careful cost comparison. Make sure the loan purpose is clear and the expected benefit can reasonably support the repayments.
Common uses for unsecured finance
Marketing campaigns
Fund a time-sensitive campaign with a clear commercial objective.
Urgent expenses
Cover an unexpected repair or operating cost that keeps the business moving.
Compare the detail behind the speed
Describe the need
Share the amount, purpose, business revenue and trading history.
Review matches
We identify potentially suitable unsecured structures across our panel.
Read the terms
Check cost, guarantees and conditions before applying with your chosen lender.
Know what unsecured really means
What is an unsecured business loan?
An unsecured business loan may be offered without requiring a specific property, vehicle or business asset as security. The lender still assesses the business and may require a personal guarantee or other commitments.
Does unsecured mean no credit assessment?
No. Unsecured describes the security structure, not the assessment process. A lender may assess business and personal credit information, revenue, bank activity, trading history and repayment capacity.
Are unsecured business loans more expensive?
Pricing depends on the lender's assessment, product, term and risk. An unsecured option can have a different rate or fee structure from secured finance, so compare the total repayment and all conditions.
How quickly can an unsecured loan be funded?
Assessment and funding times vary by lender and product. Missing information, complex circumstances or additional checks can delay a decision or payment.