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A 2-min Guide to Collateral Free Business Loan

Unsecured business loans
16 August 2024
Manya Ghosh
2,665

Table of Contents

Unsecured loans can give a business the push it needs to grow, even if it is small, new, or has no asset to pledge. The processing is hassle-free and the documentation involved is minimal as well. Flexible repayment structures add to the appeal of these loans. All you have to do is find out if you are eligible and apply in the right way to avail of collateral free business loan.

Did You Know

Disbursement

The act of paying out money for any kind of transaction is known as disbursement. From a lending perspective this usual implies the transfer of the loan amount to the borrower. It may cover paying to operate a business, dividend payments, cash outflow etc. So if disbursements are more than revenues, then cash flow of an entity is negative, and may indicate possible insolvency.