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Unsecured Business Finance
By Steve
It helps to be a well-established businessperson if you are looking for unsecured business finance. If you are well-established, with a record of success to back you, many financial institutions would be willing to offer unsecured business finance because they would like to be part of a successful business venture.
It can be slightly more difficult getting unsecured business finance if you have just set up your business. You would have got startup loans from family and friends, and you would have put in your own savings. You will have estimated how much you need to pay for renting office space, as salaries to employees, and for other business expenses, before you started out. However, if you need to expand your business to cope with market demands or need financial backing to tide you through a difficult time, you may require unsecured business finance to pay suppliers, rent additional office space, buy gadgets, or train employees. It can be most difficult getting unsecured business finance if you have been involved in a bankruptcy, foreclosure, tax, or repossession case because you would be considered a bad risk.
If you have had problems when applying for unsecured business finance with brick-and-mortar financial institutions, you can always try us at Anycredithistory.com. We provide unsecured loans to people with bad credit. However, we expect our borrowers to show a corresponding desire to improve their bad credit ratings by paying off their loans on time. We also expect our borrowers to calculate their monthly income, and assess how much they will need for regular monthly expenses before they decide to apply for a loan.
You can apply for unsecured business finance if you are over 18, have been running a business for the last two years, and have no outstanding payments on your credit card for the last six months. You can send us an application for unsecured business finance via phone, fax, or snail mail and receive our response within a few days. You can also apply directly on our Web site and receive a response within 24 hours.
When applying for unsecured business finance, you can apply for any amount between $10,000 and $25,000. Our interest rates range between 6.4 percent and 7 percent, and you can pay the loan off over three to seven years. We can also give you options, such as not making any payments for the first six months or only paying off the interest on the loan for the first six months.
If you are looking for unsecured business finance at Anycredithistory.com, you have come to the right place.
About the Author
I write articles on personal loans, bad credit unsecured payday loans.
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