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What is An Unsecured Business Loan?
An unsecured business loan means that you do not need
the usual assets, such as business or personal real
estate, Certificates of Deposits, and money in saving
and checking accounts to use as collateral for a loan.
Usually, with an unsecured loan from a bank, a business
owner must have excellent business and personal credit,
be in business at least 18 months and provide 2 years
personal and business tax returns and financials.
Do I Need Assets to Qualify for UNSECURED Working
Capital with Fundswired?
No, you do not need assets to qualify for up to $
750,000 in working capital. Unlike traditional bank
loans that ask for assets such as business or personal
property, Certificates of Deposits and even savings and
checking accounts and 2 years of business and personal
financials, no assets are required with our program.
The reason for this is because this is NOT A LOAN and we
are not a bank, but rather an alternative funding
company. What we do is provide you with a cash advance
against your future VISA/MC sales, which you repay
through a small portion of your business’s future
VISA/MC sales. Since 1998, we have funded close to $1
Billion to restaurants and retail business owners across
the US.
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