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An unsecured business loan is one that does not require collateral. A secured loan uses an asset as collateral. That means the lender can sell the asset to cover the cost of the loan if things go wrong.
The current market value of the property/asset, as determined by the lender, must be equivalent to or greater than the business loan you request.
Getting a business loan is easy with Beta Energy Direct. You just need to apply for a business loan application here and receive your funds within 48 hours.