smallbusinessloanbylendingvalley-190608120808
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Unsecured Business Funding<br />
How Do Unsecured Business Loans Stack Up<br />
Against Secured Business Loans?<br />
Because secured lines of credit are obviously safer for lenders<br />
to provide (thanks to the upfront deposit or collateral<br />
necessary to be approved for these types of loans) they are a<br />
lot easier to be approved for and are more available to<br />
business owners that are new as well as those that have less<br />
than picture-perfect credit.<br />
If a secured loan is defaulted on the lender has an opportunity<br />
to sell the collateral to recoup at least some of their losses.<br />
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