Unsecured Small Business Loans

Small-business lenders typically require collateral or personal assets for repayment security before approving a loan. This allows the lender to claim the collateral in the event the borrower defaults on the payments. Not every small business owner can put up collateral for a small-business loan.

Unsecured loans may be the best option for entrepreneurs and small business owners that need access to funds quickly to face a crisis or secure an opportunity with working capital. Unsecured small business loans are a good choice for businesses with little collateral or less than stellar credit history or credit score. There are many forms of unsecured loans, including business lines of credit, SBA loans and and minority loans. Learn more about each of the types of unsecured loans and whether or not they're available through American Express Business Blueprint Funding™ below.