Comparison
Almost every business funding conversation eventually reaches this fork. The trade is straightforward: pledge an asset and the cost falls, or keep the asset and accept tighter underwriting.
✓ Checking what you qualify for does not affect your credit score.
The short answer: Unsecured is the right default for working capital under $350,000 because speed matters and the cost gap is smaller than most people expect. Secured earns its complexity when the asset is the thing being financed — equipment, vehicles, property.
A UCC-1 filing is a public notice that a funder has an interest in your business assets. It is filed on most business funding, including products described as unsecured, and it is not the same as pledging a specific asset as collateral.
It matters because an existing UCC filing is visible to the next funder you approach, and it affects what they will offer. This is one of the first things underwriting checks.
Our products are unsecured and carry a personal guarantee with at least 50% ownership required. See the full requirements →
A short application. No impact to your credit score to see what you qualify for.
We review revenue, time in business and bank activity — not just a credit score.
You see the amount, the term and the total cost before you sign anything.
Money in your account, typically the next business day after signing.
Not for our products. Both the line of credit and the term loan are unsecured, with a personal guarantee.
No. A guarantee makes you personally responsible for the debt; collateral pledges a specific asset the lender can seize.
It does not damage your credit, but it is visible to other funders and affects what they will offer.
Usually, but not always by much on smaller amounts — and it is slower.
At least 50%. Sole proprietors eligible; no non-profits.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
