COMMERCIAL UNSECURED LOAN

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Commercial Unsecured Loan

A Commercial Unsecured Loan is a type of business financing that doesn't require collateral, relying solely on the borrower's creditworthiness and business performance for approval. It provides quick access to funds for various business needs, such as working capital, expansion, or equipment purchases. While interest rates may be higher compared to secured loans, unsecured loans offer flexibility and are suitable for businesses without significant assets to pledge as collateral. However, lenders typically impose strict eligibility criteria and may require a strong credit history for approval.