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Business loan without collateral security-[A]

Most banks and NBFCs offer unsecured business loans where the borrower is not supposed to provide any collateral or guarantee. However, it becomes difficult for some borrowers because few financial institutions require collateral in the form of goods, commodities, stocks, machinery, or equipment for certain loans related to business operations. Borrowers prefer an unsecured business …

Why are Unsecured Loans more Favored

Applying for any loan can be very long and tedious process for any individual. It is because the process is very confusing and dealing with multiple agents is not easy. Also, there are lots of documentation needed. Apart from short term business loans, the most common types of unsecured loan are credit cards, student loans, …

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