Unsecured business financing provides capital without pledging real estate or specific equipment as collateral. It comes in two main forms: a term loan, where you receive a lump sum and repay it over a set period, and a line of credit, which you draw on as needed and repay as cash flow allows.
Because there's no property securing the loan, lenders look closely at business revenue, time in business, and credit. I review each request personally and then with one of NEXA Lending's in-house lenders so you can compare unsecured options with revenue-based and SBA alternatives.
Common uses
- Working capital and operating reserves
- A revolving line for recurring needs
- Inventory and seasonal purchases
- Technology, marketing, and growth projects
- Consolidating short-term business obligations
What lenders typically review
- Business revenue and bank statements
- Time in business
- Business and personal credit
- Existing obligations
- Industry and use of funds
How I work your unsecured business loans request
Here's how I work on every request. You send the basics: property or business, location, amount, and purpose. I personally review the scenario and ask whatever follow-up questions are needed to understand it properly. Then I review it with one of NEXA Lending's in-house commercial lenders, and together we look at realistic options. NEXA Lending provides access to a large network of commercial lenders, so the search isn't limited to a single bank's appetite.
You'll get a straight answer on what looks workable and what doesn't. If we move forward, I stay involved and work with the in-house lender and with you through closing. There is no cost or obligation to submit a scenario, and nothing on this page is an offer or a commitment to lend. Pricing and terms depend on the property, the borrower, and the market at the time.
Questions about unsecured business loans financing
Is a personal guarantee required?
Many unsecured business loans require a personal guarantee from the owners, even without collateral. Requirements vary by lender.
Should I choose a term loan or a line of credit?
A term loan suits a one-time need, and a line of credit suits recurring or unpredictable needs. We can talk through which matches your cash flow.
Nationwide lending, local office
We finance commercial deals nationwide, in states where NEXA Lending can legally fund. My office is in Kirkland, Washington, and I also work closely with borrowers across Washington, including Seattle, Bellevue, Kirkland, Tacoma. Send the details and I'll confirm how your state and property fit.
Submit your deal
Send the basics and I'll review them personally. No cost or obligation.
