Many of the most popular small business funding options require collateral, including bank loans and Canada Small Business Financing Program Loans.
What if you’re a small business owner who doesn’t have collateral to secure a loan? Don’t worry—there are a number of small business funding options that don’t require collateral.
To help you understand what unsecured loan options are available to businesses that don’t have collateral, we took a closer look at different unsecured funding options in our latest article for Smarter Loans, an online lending resource in Canada.
Read the full article to learn more about:
- What is collateral?
- Can you get a business loan without collateral?
- How to get a business loan without collateral, including lender types, funding types, and required documentation