It avoids pledging specific property, but most agreements include a personal guarantee, so read the guarantee terms.
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Unsecured business financing does not require pledging specific property, but that does not automatically mean personal assets are fully protected. Personal guarantees, performance guarantees and the business structure determine how much personal exposure remains.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
A human reads the file, not just an algorithm score.
You can apply at 500; stronger credit opens more products.
Advances, lines of credit and second-position options in one place.
Net cash, total payback and payment shown before you sign.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Unsecured means no specific collateral. A merchant cash advance, revenue-based financing or unsecured line of credit usually does not require pledging your house, car or equipment. The funder relies on your business revenue and, often, a UCC filing on business receivables or general business assets.
Guarantees create personal exposure. Most small-business funders ask owners to sign a personal guarantee, which can make the owner responsible for the obligation if the business does not pay. In merchant cash advances, owners often sign a performance guarantee instead, which typically covers the owner commitments not to divert receivables, close the business without notice or misrepresent information, rather than guaranteeing repayment if sales simply decline. The exact language varies, so read it carefully.
Structure matters too. For a sole proprietor, there is no legal separation between owner and business, so business debts are personal regardless of guarantees. An LLC or corporation can limit personal liability for obligations the owner did not personally guarantee, which is why the guarantee language matters so much.
Some agreements include additional remedies, such as a confession of judgment, which some states restrict, or default provisions that allow acceleration of the balance. Understand these before signing; ask what happens if the business closes due to circumstances beyond your control.
To limit exposure, operate through an entity, keep business and personal finances separate, size funding to what the business can repay and negotiate guarantee terms where possible.
MFE considers credit from 500 and presents written agreements so guarantee terms can be reviewed before signing.
Here is an unsecured offer whose guarantee terms you would review. Illustrative numbers.
| 500–549 | Revenue-based funding; strongest deposits needed |
| 550–599 | Revenue-based funding and renewals |
| 600–649 | More funders compete; better terms |
| 650+ | Lines of credit and term loans open up |
Minimum to apply is 500. Deposits, balances and time in business still carry the most weight.
| Specific collateral | Usually none |
| UCC filing | Business receivables or assets |
| Personal guarantee | Owner may be liable if business does not pay |
| Performance guarantee | Covers owner conduct, not sales decline |
| Business structure | Sole prop: personal; LLC/corp: limited except guarantees |
Good fit:
Probably not yet:
It does not require pledging it, but a personal guarantee may still create personal liability.
A promise covering owner conduct, such as not diverting receivables, rather than repayment if sales fall.
It can limit liability except where you personally guarantee.
No, business debts are personal for sole proprietors.
A clause allowing a judgment without a lawsuit; some states restrict it.
Use an entity, separate finances, size funding carefully and read guarantees.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
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