Business loan is one of the most popular ways to help cash flow for business owners. Unlike line of credit or overdraft, a business loan has a loan term to be fully repaid. If your business runs well but need some finance for the shortfall period, we may be able to help you.
Business type 1
Secured business loans
Secured business loans are financed with either borrowers' commercial or residential properties. As loans are secured by assets, the rates are lower than unsecured business loans. Some lenders call this type of loans as commercial loans.
Business type 2
Unsecured business loans
Unsecured business loans are loans that lenders provide upon assessing the financial position of the business and the borrower's personal credit history. As unsecured loans are exposed to greater risks, the rates are higher than secured loans.
Also some lenders allow the loan to be used to purchase existing business including franchise. For this purpose, the lenders tend to require some portion of deposit (usually 50%) to be contributed by the applicants as well as business proposal.
Not all lenders offer unsecured business loans as the risk level is higher.
Alternatively, you can complete the form at Contact Us and our friendly staff will contact you at your convenience.
