No Collateral · Same Day · FICO 500+
Unsecured business loans without collateral.
Summit funds unsecured small business loans from $5,000 to $500,000 — no real estate, equipment, or inventory pledged. We underwrite your cash flow and credit, not your assets, and route your file to the funders most likely to approve at the lowest rate.
- Collateral
- None
- Capital
- $5K – $500K
- Min FICO
- 500+
- Fund Speed
- Same day
Your options
Unsecured business loans across every product type.
Unsecured MCA
$5K – $500KSame day
Future receivables purchased — no asset pledge. Approval driven by deposits and daily ledger balance.
Unsecured Line of Credit
$10K – $250K1–3 days
Revolving access priced off cash flow. Draw, repay, redraw with no collateral required.
Unsecured Term Loan
$25K – $500K3–7 days
Fixed-payment loan, 12–60 month terms, personal guarantee only. Best for stable revenue.
SBA 7(a) (Unsecured Tier)
$25K – $150K3–6 weeks
SBA 7(a) loans under $50K typically require no collateral; loans $50K–$500K may be partially unsecured.
Working-Capital Bridge
$50K – $500K1–5 days
Short unsecured bridge for payroll, supplier deposits, or time-sensitive opportunities.
Stacking Refi (Unsecured)
$25K – $500K3–7 days
Consolidate multiple unsecured positions into one longer-term lower-payment file.
FAQ
Unsecured business loans, answered.
What is an unsecured business loan?
An unsecured business loan is business funding that does not require specific collateral — no real estate, equipment, or inventory pledged. Approval is based on cash flow, time in business, personal credit, and a personal guarantee. Common unsecured products include MCAs, revenue-based lines of credit, and short-term loans.
Can I get an unsecured business loan with bad credit?
Yes. Summit approves unsecured small business loans for FICO scores as low as 500 (450 with strong deposits) through MCA and revenue-based products that underwrite cash flow instead of collateral. Pricing reflects the higher risk.
How much can I borrow on an unsecured business loan?
Unsecured business loans typically range from $5,000 to $500,000 per position, with most initial offers at 80–150% of average monthly deposits. Larger unsecured amounts are available with stronger cash flow and credit.
Do unsecured business loans require a personal guarantee?
Almost always, yes. Even though no physical collateral is pledged, the business owner signs a personal guarantee making them personally liable if the business defaults. True non-recourse business funding is rare and reserved for very large, established borrowers.
What's the interest rate on an unsecured business loan?
MCAs are priced as factor rates (1.15–1.49), which equate to roughly 30%–80% APR. Unsecured term loans run 10%–45% APR depending on credit and term. Unsecured lines of credit run 15%–60% APR-equivalent. Summit produces APR disclosures on every offer.
How fast can I get an unsecured business loan?
Same day for MCAs and revenue-based products on clean files signed before 2pm ET. Unsecured term loans typically fund in 1–7 business days. SBA-backed unsecured options take longer (3–6 weeks).
No collateral. No surprises. Just capital.
Soft-pull pre-qualification. No obligation. Same-day decisions on revenue-based products.