How Unsecured Business Loans Can Work for You
Most lenders require business owners to pledge collateral against their business loan. If your business doesn’t have many assets, you may even be asked to offer personal assets as collateral. The thought of losing your house if you suddenly can’t make business loan payments can be gut-wrenching. Unsecured loans are no collateral loans that make getting the financing your business needs much less risky.
What Are the Benefits of an Unsecured Business Loan?
Our unsecured business loans allow you to focus on the important aspects of your business without having to worry about the possibility of losing assets. Since unsecured business loans do not require collateral to secure funding, there is less risk of losing business or personal assets. Our no collateral business loan can provide financial security and flexibility to meet your business needs. Instead of focusing on collateral, we look at your business potential and plans to determine if your business qualifies for an unsecured business loan. Apply today to see if an unsecured business loan is a right fit for your business.
Easier Qualifications
- Unsecured loans from alternative lenders generally offer less stringent credit or financial requirements
- Alternative lenders also have higher approval rates than many traditional lending options
Cash When You Need it
- Without collateral, you can take out a loan when you need it most and not worry about losing assets
- Cover the cost of unexpected vendor invoices or repair bills without the risk of draining cash reserves
No Assets, No Problem
- Some business owners may not have personal or business assets to offer as collateral
- Get the cash your business needs, even if you don’t have valuable assets
Keep Things Separate
- Avoid mixing personal and business matters
- Keep major personal assets, like your house, safe from the success or shortcomings of your business
How to Apply
Our online unsecured business loans application is simple to use and will only take a few minutes to complete. After you apply, we’re committed to finding the right financing solution for your business. We offer flexible payment options and can customize a loan program to match your financial and payment needs.
How Do Unsecured Small Business Loans Work?
Easy Application Process
Get started applying for a loan with our short online application and 3 months of bank statements.
Helpful Loan Guidance
A Loan Specialist will contact you to help you choose the right business capital financing.
Quick Decision, Fast Funding
You could be approved, and funds deposited into your account, in as little as 24 hours.1.
What Customers Are Saying
Craig Hart, President
Smyth Electrical Services
As the business entered a period of expansion, having the reliability of available cash was critical to alleviating the stresses that growth can cause. Being able to rely on National Funding's small business loans was the peace of mind that helped the head of this small business rest easy.
How Unsecured Business Loans Support Your Industry
Virtually every type of business has short-term needs for cash to cover capital business expenditures and keep their operations on track. National Funding has experience providing funding solutions for businesses in almost every type of industry.
Why National Funding?
Nobody provides a more personalized approach, with experienced Loan Specialists to guide you every step of the way and answer your funding questions. Our process makes getting the money you need to cover business expenses easy and simple.
We Know Your Industry
We have experience helping a wide variety of business owners secure the right financing solution
Simple, Fast Application Process
No-cost, no-obligation application with funding as fast as 24 hours1
A Trusted Lending Partner
Supporting 50,000 businesses nationwide with over $3 billion in funding
Dedicated Loan Specialists
Our Loan Specialists care about your success and guide you to the right loan to get the cash you need
High Approval Rates
Even if you’ve been turned down elsewhere, there’s still a great chance we can get you the business capital you need
Hassle-Free Payments
We provide fixed terms and set up simple, automatic payments
Unsecured Business Loans Resources
Understanding business loans can be confusing. We’ve put together important resources to help you better understand how a loan without collateral works – and how it can help your business.

Business Growth Funds: The Difference Between a Loan and a Cash Advance
There are different types of no collateral lending options for business owners. Discovering which one work best for your business is important to your success. Read this post to learn the differences, advantages and disadvantages of business loans and cash advances.

What Are Direct Lender Loans?
Wondering how alternative lenders are able to offer loans without collateral requirements? Many alternative and online lenders are direct lenders, meaning they lend money without a middleman. See how this can potentially help your business get approved for a loan.

How Much Do You Know About Business Credit?
You probably know you’re supposed to keep a high personal credit score. Did you know there’s a separate credit rating for your business? Check out this post to learn more about business credit and why it’s important for you.
FAQ: Unsecured Business Loans
Learning more about unsecured loans and how they work can help you feel more confident about applying for a loan. Read our frequently asked questions about applying for and using unsecured loans for your business.
With online unsecured business loans from alternative lenders like National Funding, getting an unsecured loan is easier than ever. Simply fill out an online application – the easy application should only take a few minutes to complete. We’ll reach out to you to learn more about your needs and financial situation to create a customized loan program for your business.
The best part of an unsecured loan is the fact that you probably won’t have to give up your house if you miss a payment. This makes it possible to get the business financing you need without worrying about losing valuable personal assets. Unsecured business loans for bad credit are also ideal if you’re unsure if you can get approved for a traditional business loan.
Ratings & Reviews
With 20 years of experience helping business owners get the cash they need. We can help you find the right financing solutions to get capital for small business needs as they come up.
Disclosures
Legal Disclosures
True to our mission, we encourage you to read the following policies and learn how they affect you as a client.
(1) 24 hours:
Fast approvals and 24 hour funding subject to receipt of required documentation, underwriting guidelines, and processing time by your bank. Funds are deposited into your business checking account as soon as the next business day after approval and acceptance of terms.
(2) Early payoff discounts:
National Funding offers special opportunities for its customers to terminate contracts early and receive a discount in the process. Equipment Finance customers who pay off the total remaining balance early, at any point during the contract, will automatically receive a 6% discount off the total remaining balance. Working Capital customers who pay off the total remaining balance in full within the first 100 days of the contract will automatically receive a 7% discount off the total remaining balance. We do not currently offer a discount on our lease contracts. Customers must pay off the balance in full, be current, and in good standing to take advantage of the discount within the time parameters.
(3) Automatic payments:
Loan payments are withdrawn via Automatic Clearing House (ACH) Monday through Friday excluding bank holidays.
(4) Wide variety of payment options:
- Equipment Financing: payments are remitted monthly with terms of 2-5 years
- Working Capital Loan: payments can be remitted daily or weekly with terms of 4 months up to 24 months
(5) Potential Tax Savings:
The Section 179 Tax Deduction allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. Meaning, if you buy (or lease) a piece of qualifying equipment, you can deduct 100% of the purchase price from your gross income. You can secure the equipment, tools, and technology you need, while also taking advantage of significant tax deductions - up to $1,000,000. Consult your tax professional for more details.
(6) Guaranteed lowest payment:
Pursuant to the terms and conditions specified in these Rules and Restrictions of the Guaranteed Lowest Payment, National Funding guarantees to provide the lowest payment on equipment leased through National Funding, for lease terms from 24 to 60 months, or to pay $1000 towards qualifying executed leases. Lease payment comparisons must be based on a lease in excess of $10,000, for approved equipment, and with the same terms and conditions as those offered by National Funding within seven days that the National Funding terms are issued. To be eligible, customers must provide a competitive lease quote without contingencies, and vendor invoice, and in the name of the lessee within seven calendar days of the date National Funding issues its terms. Guarantee only valid on competitive equipment leases. Equipment finance agreements do not qualify.
In the event that the monthly lease payment amount from the competing lease company or bank is lower than the monthly payment that is being offered by National Funding for the same equipment and pursuant to the same terms, National Funding will verify the validity and accuracy of the competing leasing company’s or bank’s payment options, terms and the vendor quote. National Funding has the option, in its sole discretion, to either beat the competing leasing company’s or bank’s monthly payment rate, or pay $1000 to the lessee. The lessee must provide National Funding with the competing company’s or bank’s signed lease agreement with payment terms/options, and take delivery of the equipment. Payments will be made within 30 days, and lessee is responsible for any taxes.
The Guaranteed Lowest Payment is available to both new and established customers of National Funding. This offer is valid for new lease applications only. The Guaranteed Lowest Payment is not retroactive — a previously funded equipment lease with National Funding is not eligible for the Guaranteed Lowest Payment. Only non-contingent offers of lease terms and payment are eligible. Offers made to lessee that include subsidization by manufacturers and/or vendors will not be considered in comparing competing offers.
The Guaranteed Lowest Payment may be discontinued at any time without notice.
To participate in the Guaranteed Lowest Payment program, if you have a lease agreement and vendor quote which you believe will qualify for the program, contact your National Funding Lease Manager.
(7) Terms and Conditions apply:
This is not a guaranteed offer of credit. Loans subject to lender approval. Approval amount is based on eligibility determined by information obtained from Dun & Bradstreet. Actual eligibility may vary. Restrictions may apply. Application is subject to approval by the lender and is based on factors such as business type, time in business, annual sales, average bank balances, personal credit and other variables deemed relevant by the lender.