How Unsecured Finance Helps Small Businesses Grow

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asked 3 days ago in H&E by aayushsahu (1,300 points)

Unsecured funding does not require collateral, making it ideal for small businesses. Approval is based on creditworthiness and income stability. Interest rates are slightly higher due to increased risk. In the middle of your funding journey, unsecured finance provides quick access to capital. It helps cover operational costs, marketing, and inventory. Minimal documentation and fast disbursal make it attractive. Maintain good credit history for better rates. Always borrow responsibly and avoid over-leveraging. Proper planning ensures smooth repayment.

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