Unsecured Funds

Unsecured funding is any type of loan or funding option that is not backed with collateral. Traditional lenders such as banks issue funds on the basis of the borrower’s creditworthiness. High interest rates apply. On the other hand, alternative funding providers have financing products that require neither collateral nor excellent credit. Some alternative funding solutions carry high interest rates and others do not. In any case, unsecured debt can be risky to the lender.

If you want business funding without putting anything up for collateral, you can obtain an unsecured loan from a traditional lender, but you will need good credit. Alternative Funding Group’s credit solution can help you attain a high credit score. However, traditional lenders are not always easy to work with and their funding options do not carry the best terms and conditions. High interest rates apply.

Alternative funding providers typically make it simple and hassle-free for small and mid-sized businesses to get the funding they need. Oftentimes, large businesses also prefer alternative funding products because of their terms and conditions. The best way for you to obtain unsecured funding from Alternative Funding Group is to fill out our online application and speak with one of our funding managers. With a completed online application and your business’s last three monthly bank statements, funding can occur in as little as 24 – 48 hours!