Unsecured business financing
Business loans without collateral: unsecured financing underwritten on cash flow
Unsecured business loans from USD 50,000 underwritten on revenue and cash flow, not property. How collateral-free financing works, who qualifies and how fast it closes.
Not every business has property or equipment to pledge — and many that do would rather not tie it up. Westford Capital Group (Westford Finance) offers unsecured business loans and revolving working-capital lines that are underwritten on repayment capacity, revenue quality and management track record instead of hard collateral.
Unsecured term loans run from USD 50,000 to USD 1M and unsecured working-capital lines to USD 2.5M for qualifying businesses in the USA, Europe, Australia and Asia. Larger requirements usually move to a secured or partially secured structure, which we can quote side by side.
How unsecured underwriting works
Instead of valuing an asset, we look at what repays the loan: trailing revenue, margins, debt service coverage (typically 1.25x or better), customer concentration and existing debt. In place of a charge over assets, unsecured facilities usually carry a negative pledge and light financial covenants.
Who it suits
- Operating businesses with at least two years of trading history and filed accounts
- Service, software, professional and distribution businesses with few hard assets
- Owners who want to keep property or equipment unencumbered for future secured borrowing
- Growth needs: hiring, inventory, marketing, contract mobilisation
What to prepare
- Two years of financial statements plus year-to-date management accounts
- Six to twelve months of business bank statements
- Debt schedule and aged receivables/payables
- Short use-of-funds note
Secured vs unsecured pricing
Unsecured structures are priced at a spread over equivalent secured facilities because the lender has less recovery protection. The indicative ranges for every product are on the rate sheet; final pricing is confirmed only in your term sheet.
Next steps: check the eligibility checker, review indicative rates, run the calculator or apply. Prefer to talk? Call +1 (302) 579-5439 or book a deal officer.
Indicative information only; not an offer of credit. All facilities are subject to credit approval, KYC and documentation.
People also ask
Can I get a business loan with no collateral?
Yes. Westford's unsecured business loans run from USD 50,000 to USD 1M, and unsecured working-capital lines to USD 2.5M, for qualifying businesses. Approval depends on revenue, cash flow and credit profile.
Is a personal guarantee required for an unsecured business loan?
It depends on the size of the business and the facility. Many smaller unsecured facilities include a guarantee; larger, well-capitalised borrowers may avoid one. Your term sheet states exactly what is required.
How fast can an unsecured business loan close?
For facilities under USD 10 million with complete documents, Westford typically closes in less than 14 days. Larger or project-level facilities follow a diligence timetable agreed up front.
What credit profile do I need?
We look at the business's cash flow and repayment capacity first. Clean bank statements, filed accounts and a manageable existing debt load matter more than any single score.
How are fees handled?
Any fees are set out in writing in your term sheet and facility agreement before you commit. Only pay into bank details confirmed in your signed agreement — never by gift card, crypto or to a personal account.
USD 1M+ facilities
Senior desk hours — Asheville & Dubai
Asheville, NC desk (HQ)
Mon–Fri 8 AM–5 PM local
Dubai desk · Business Bay – Bay Square
Mon–Fri 8 AM–5 PM local
Call +1 (302) 579-5439 or WhatsApp, or hold a 45-minute deal-officer slot below.
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