Unsecured Business Loans

Your choice for Equipment and Business Loans across Canada and the United States

Unsecured Business Loans in The USA, Canada, Pittsburgh and Toronto

Unsecured Business Loans Pittsburgh, Toronto, Canada

Helping you with all your Unsecured Business Loan Needs

Unsecured Business Loans are loans that are designed for businesses specifically. There are many different kinds of Unsecured Business loans that businesses can apply for based on their credit profile, the amount of cash they need, and the repayment structure that works for them. These loans are usually meant to fund purchases, cover shortfalls, and finance expansion and acquisitions. Funds can be secured or unsecured.

Unsecured Business Loans

Unsecured business loans do not require a borrower to pledge collateral in terms of equipment, property, receivables, or inventory. The amount of money a business qualifies for will be based on credit profile and cash flow. These types of loans are available for good credit and challenged credit profiles. These loans are given to trusted individuals and businesses that have a good credit score which means, it is solely given on the basis of credit worthiness.

Unsecured business loans can be used to cover a shortfall, for acquiring property, buying equipment or a quick expansion. Most lenders do not ask for a collateral, but there will almost always be a requirement for the borrower to provide a personal guarantee which allows the lender recourse to the borrower’s personal assets in the unlikely event of a default. Despite this limitation, unsecured business loans still provide a comparatively low risk way for a business to build its working capital.

Priority Lending can Help with Unsecured Loans

Priority Lending can help you get approved for unsecured loans even if your credit is not perfect. Once you have put up a request with us, we take your file to the right one or two lenders, based on your credit profile. Once approved, we will run through the proposals with you, explaining the terms and conditions, in order to help you make the right decision for your business.

Why Choose Priority Lending - Trusted Pittsburgh, Pennsylvania and Toronto and GTA Business and Manufacturing Equipment Loans and Financing

We work harder so you borrow smarter.

Your choice for Equipment and Business Loans across Canada and the United States

Fast Business & Equipment Financing

Partner with a trusted lender that sees business the way you do. Low Interest Rates. Industry Expertise. Faster Expansion.