Unsecured business loans
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No upfront fees
Access funds within 24 hours
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What is an unsecured business loan?
How does an unsecured loan work?
Unsecured business loans are generally popular with SME owners because there is no requirement to provide collateral (such as property or other assets) as security for the loan.
Unsecured loans are flexible and tailored to your projected business cashflow.
They are also quick – funds can be received within as little as 24 hours from application.
Funds can be used for virtually any business purpose, from buying new equipment, paying bills, increasing your stock, or covering the costs of a new marketing campaign – there are really no limits when it comes to unsecured business loans.
Clear Idea has partnered with leading unsecured lenders throughout the UK who specialise in funding SME businesses like yours. Enquire now to compare more than 40 unsecured business loan providers.
Business loans available from £1,000 – £500,000+
Does not require any property or assets as security
Repayment terms from 1 month up to 5 years
Minimal paperwork required for loan application
Funds can be released quickly after approval
Short to medium term lending solution
Featured case study: Electrical contractor
Our client, an electrical contractor, was struggling with cash flow after having to purchase a larger industrial unit to facilitate fast growth and create a central hub for sub-contractors and employees to work from.
The client’s priority was to keep repayments as low as possible while they moved into their new premises, so we found them a £50,000, 5-year unsecured loan at a competitive annual interest rate of 6.9%.
The client was delighted, and had the funds in their account within 4 days of their initial enquiry. This gave the business enough breathing space to comfortably move into their new premises without affecting any of their upcoming projects.