Unsecured Business Loans Without Pledging Your Assets
Borrow on the strength of your revenue instead of your equipment or property. See how unsecured funding compares with secured options before you commit to anything.
- Applying will not impact your credit score
- Funding decisions in as little as 24 hours
- A dedicated funding specialist, not a call center
The basics
What are unsecured business loans?
An unsecured business loan isn't backed by a specific asset. With a collateralized loan, the lender appraises equipment, property or inventory and can claim it if you default. Unsecured funding skips that step: underwriting typically looks at your revenue, time in business and recent bank statements to decide how much your cash flow can support. That usually means a faster process, since there's no appraisal to wait on and no single asset on the line.
The tradeoff is price and size. Because nothing specific secures the debt, unsecured options typically carry a higher rate or shorter term than collateralized loans, and amounts are sized to cash flow rather than asset value. Unsecured doesn't always mean no personal obligation either, since many offers include a personal guarantee. TrustFi's application takes under 10 minutes and does not impact your credit score, so you can compare unsecured and secured terms side by side.
Best suited for
- Owners who don't have, or don't want to pledge, equipment or property
- Service businesses whose value sits in people and clients, not hard assets
- Funding a hire, a marketing push or inventory without an appraisal delay
- Keeping capital ready for slow months or surprise repairs
- Businesses with at least 6 months of steady bank deposits
Step by step
How it works
- 1
Apply in under 10 minutes
Share basic business details and recent bank statements. Applying does not impact your credit score, and there's no asset to appraise.
- 2
Get matched to a structure
A funding specialist reaches out within TrustFi's 2-hour response guarantee to explain which unsecured or secured options fit your cash flow.
- 3
Review your offer
See the amount, rate, repayment schedule and whether a personal guarantee applies, with every cost disclosed in writing before you sign.
- 4
Get funded
Once you accept, funding can arrive in as little as 24 hours after approval, with no collateral review holding it up.
An honest look
The upsides, the tradeoffs, and what you'll need
Every funding product has a shape that fits some businesses better than others. Here's the straight version.
Advantages
- No equipment, property or inventory pledged as collateral
- No appraisal step, so decisions typically move faster
- Amounts sized to your revenue and cash flow
- Applying does not impact your credit score
- Funding as fast as 24 hours after approval
Tradeoffs
- Typically a higher rate or shorter term than collateralized loans
- Amounts are capped by what your cash flow can support
- Many offers still require a personal guarantee
Typical requirements
- Typically at least 6 months in business
- Typically a minimum monthly revenue threshold
- Typically a business bank account with regular deposits
- Typically recent bank statements to verify cash flow
- Typically no major outstanding delinquencies
Not sure yet?
When another option might fit better
We would rather point you to the right structure than sell you the wrong one.
Collateralized Business Loans
Choose a collateralized loan instead if you own equipment, property or inventory and want a lower rate or larger amount in exchange for pledging it.
Business Line of Credit
Look at a line of credit if your needs are ongoing and you'd rather draw funds as needed and pay interest only on what you use.
Merchant Cash Advance
Look at a merchant cash advance if most of your revenue runs through card sales and you want repayment that flexes with daily sales.
Bad Credit Business Loans
Read our guide to bad credit business loans if your credit score is the main thing standing between you and approval.
By industry
See the options by industry
Law Firms
Financing built for law firms managing case costs, contingency timelines, and slow-paying corporate clients.
Funding for law firmsAccounting Firms
Financing built around the feast-or-famine cash flow of tax season and the slow months that follow it.
Funding for accounting firmsInsurance Agencies
Financing for insurance agencies managing commission timing, book acquisitions, and licensing costs.
Funding for insurance agenciesIT Service Providers
Financing for IT service providers to cover payroll, equipment, and the cash-flow gap between finishing a project and getting paid on net-30 or net-60 terms.
Funding for IT service providers
Client stories
We're proud to be part of their journey.
The success of our clients is our greatest reward — 350+ five-star Google reviews and counting.
TrustFi was fantastic to work with on our business capital funding needs. They were professional, efficient and provided the best customer service experience I've had in this industry. We will continue to partner with TrustFi on our funding needs going forward. Highly recommend!
MMaria O. My experience with Griffin Ferro and his team at TrustFi was fantastic. He was able to get me funding in one day. Griffin's communication was awesome. He made sure I knew what was going on every step of the way. He took the time to make sure I completely understood all the aspects of the transaction.
JJohn Highly recommend and a great experience. Gary had our best interest in mind, with professionalism, dedication and care. They really supported our business needs. Great customer service as well!
TTim F.
What is an unsecured business loan?
It's business funding that isn't backed by a specific asset. Instead of appraising equipment, property or inventory, the lender typically bases the decision on your revenue, time in business and recent bank statements. If you default, there's no pledged asset for the lender to claim, which is why pricing usually reflects more risk.
Do unsecured business loans require a personal guarantee?
Often, yes. Unsecured means no specific asset is pledged, but many lenders still ask owners to personally guarantee the debt. Your offer will spell out whether a guarantee applies before you sign, so you can weigh that commitment alongside the rate and repayment schedule.
Are unsecured loans harder to qualify for?
They lean more heavily on your revenue and cash flow, since there's no asset to offset the lender's risk. Steady deposits, at least six months in business and no major delinquencies typically help. If your cash flow is uneven, a collateralized loan or a merchant cash advance may be a better fit.
Is an unsecured loan better than a collateralized loan?
It depends on your priorities. Unsecured options move faster with no asset at risk, typically in exchange for a higher rate or shorter term. Collateralized loans often carry lower rates and support larger amounts, but they put an asset at stake and can take longer to fund because of the appraisal.
Will applying affect my credit score?
No. Applying through TrustFi does not impact your credit score. You can review the amount, rate and repayment schedule before deciding whether to move forward, with no obligation and no hidden fees along the way.
How much can I borrow without collateral?
It depends on your revenue and how much repayment your cash flow can comfortably support, rather than the value of an asset. A funding specialist can give you a realistic range once they've reviewed your recent bank statements, before you commit to anything.
Ready to explore unsecured business loans?
Apply in under 10 minutes and a specialist will walk you through your real options — no obligation, no credit impact.
- Applying will not impact your credit score
- Funding decisions in as little as 24 hours
- A dedicated funding specialist, not a call center
- Transparent terms with no hidden fees