Sentences with phrase «makes unsecured business loans»
American Express makes unsecured business loans of up to $ 50,000 for preapproved Business Card members.
https://www.valuepenguin.com/ Not exact matches
Rather than relying on personal assets such as a car, boat or home to secure the loan, unsecured lenders look exclusively at a borrower's credit worthiness to determine eligibility, making those with high credit scores and a long, solid credit history the best candidates for an unsecured business line of credit.
With an unsecured business loan, interest rates tend to be higher so that lenders can make up for the added risk.
Interest rates for unsecured loans start from 0 — 3 percent, making them an ideal solution for business owners who need short - term financing.
They want to make bigger loans to more established businesses with high credit scores and will often offer unsecured loans only to companies they see as low - risk.