ServicesUnsecured Business Loans
Get the funding your business needs without putting your business or personal assets at risk. SpringFi helps you find unsecured business loans that provide predictable, fixed payments without the need for collateral.
Funding without the need for collateral
Receive working capital to fit your business needs without the need for collateral.
- Flexible repayment terms from 1-10 years
- Decisions are made in as little as 6 hours
- Improve your business credit with every on-time payment
- Freedom to use the money where your business needs it most
Benefits of Unsecured Business Loans
If you don’t want to risk losing your assets or have no collateral, applying for unsecured business loans may offer an ideal way to receive funds for your business-related expenses. The financing options offer many advantages, including the following:
- No collateral required: Avoid the risk of losing your valuable business assets, such as equipment or property.
- Flexibility in usage: Use the loan to fund various business needs without restrictions tied to specific collateral.
- Repayment options: Select a predictable repayment structure with fixed monthly payments over an agreed period.
- Credit building opportunities: Provide on-time payments on the business loan to help build your credit over time.
- Lower risks for the borrower: Protect your assets with a loan that defaults to the lender if you can’t make payments.
- Easier approvals in small amounts: Enjoy streamlined applications and approval processes to receive answers quickly.
How Fast Unsecured Business Loans Work
At SpringFi, we’re proud to help businesses boost their revenue, stay competitive and scale their growth. We offer an efficient, stress-free way to apply for financing options without collateral.
Step One: Submit Your Application
Spend about five minutes filling out our online form. There’s no cost or obligation to apply and see what you qualify for.
Typically, you’ll need to submit about four months of business bank statements. If you have a high number of credit card sales, we recommend providing proof with those statements as well.
Step Two: Receive a Decision
After you submit your application, our underwriting team will review your statements and provide a decision in as little as four to 10 hours. Financial factors such as your business’s cash flow and credit score help us determine your loan options.
We offer flexible repayment terms ranging from one to 10 years. You have the freedom to use the money wherever your business needs it most, from bridging a cash flow gap to buying inventory or planning expansion.
Once you receive your financing options, our professionals can answer your questions and help you choose the best loan for your business requirements.
Step Three: Access Your Funds
Enjoy receiving your same-day unsecured business loan — most businesses receive funding in as little as 24 to 48 hours. Each on-time payment you make can help improve your business credit. The interest paid on the loans is usually tax-deductible, which offers beneficial savings in the long run.
What Businesses Do We Serve?
SpringFi proudly partners with many types of businesses, from retail to manufacturing and construction sectors. We offer a way to receive working capital aligned with your interests without requiring collateral. Review the list of over 30 industries we serve to see if we’re a good fit for your needs.
Why Choose SpringFi?
As a business seeking funding, we know you have many options. Here’s why it makes sense to work with SpringFi for your financing needs.
Protect Your Assets With SpringFi
Whether you want to keep your operations running smoothly or fund an upcoming project, SpringFi is ready to help you get started. We use our wealth of industry experience, tools and resources to access various lending options.
Send us a message or call 929-460-9727 to learn more about our unsecured small business loans. To see what you qualify for, submit an application today.