Unsecured Business Lines of Credit: Alternative Business Financing

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Unsecured
Business
Lines of Credit
Alternative
Business Financing
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• In this presentation, we will take a closer
  details on what type of business financing will
  work best for your business.

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Business Line of Credit

• A business line of credit is a great alternative
  for businesses that requires financing for
  business working capital.
• Lines of credit offer quick funding and ONLY
  require you to pay interest on the money youve
  borrowed. Keep in mind that interest rates vary
  depending on the lender.

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Types of Business Lines of Credit

• There are two types of Lines of Credit that you
  can choose that will assist you in accessing your
  finances conveniently. One is secured where it
  requires collateral such as equipment or asset
  and the other one is unsecured, which does NOT
  rely on any collateral.

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What Is Secured Lines of Credit?

• Secured Lines of Credit provides a loan that
  requires collateral (equipment or asset) owned by
  a borrower that has monetary value and can act as
  security for the lender if the loan isnt paid
  back on schedule and in full.

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Here are the type of assets you can use as
COLLATERAL

• Equipment
• Real Estate
• Inventory
• Vehicles
• Invoices

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What Is An Unsecured Line of Credit?

• The Unsecured Business Line of Credit is a
  revolving line type of credit that does NOT
  require any COLLATERAL. This type of credit is
  great for borrowers and is very popular with
  business owners because youll have immediate
  access to your funds and does not require
  possession that will serve as security for the
  lender.

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• No matter what type of financing is right for
  your business, see to it that you do your
  research. Understand precisely how your business
  financing works and what type of collateral you
  can quit in exchange for loan. Whether you choose
  secured or unsecured business lines of credit,
  see to it that you know exactly what will work
  BEST for your business!