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An unsecured business loan is simply a loan from a lender that does not require any form of collateral from a business or a business owner. The decision is based solely upon the creditworthiness of the applicant. – Other than financing through credit cards, it is rare that a loan be completely unsecured.
A business line of credit is a type of small-business loan that provides flexibility that a regular business loan doesn’t. A line of credit works like a credit card. With a business line of credit, you can borrow up to a certain limit — say, $100,000 — and pay interest only on the portion of money that you borrow. You then draw and repay funds as you wish, as long as you don’t exceed your credit limit.
A small business loan is more than a line on your credit report: it’s a smart investment in your business’ future. There are many benefits to getting a small business loan for your business today. The best business loans fuel growth for your business without any hassle, so you have financial flexibility for your daily operations. A loan helps you cover expenses that not only keep your business running but can help you grow and expand.
We believe that small businesses are the lifeblood of the U.S. economy and historically have been underserved financially. Since our founding, we’ve been committed to making it efficient and convenient for small businesses to access financing online.
We know that a small business is more than just a credit score. That’s why we pioneered the use of data analytics and digital technology to aggregate and analyze thousands of data points to assess the creditworthiness of small businesses rapidly and accurately.
We also know that small business owners don’t have enough hours in the day as it is, and when they need funds, they need them right away. That’s why we created a simple online application, backed by exceptional customer service – so business owners can get the funds they need, and back to running their business.
We had a great experience with CSG. They are the real deal and do what they say they will do. The process was simple and easy. We will use them again.
I recommend CSG for excellent customer service and extremely fast turnaround. I strongly recommend anyone looking for business funding should use them.
