Fuel your business growth with unsecured business financing from Nationwide Funding Solutions. Our unsecured financing option provides flexible access to capital without the need for collateral. Whether you’re managing seasonal expenses, purchasing inventory, or covering unexpected costs, our fast approvals and revolving credit facility ensure you have funds on demand.
What Is an Unsecured Line of Credit?
An unsecured line of credit is a revolving financing solution that grants businesses access to pre‐approved funds up to a set limit. Unlike secured credit lines, our line of credit does not require you to pledge real estate, equipment, or other assets as collateral. You draw only what you need, pay interest on outstanding balances, and repay on your schedule within the agreed term.
Benefits of a Line of Credit Unsecured
- No Collateral Required: Maintain full ownership of your business assets.
- Flexible Borrowing: Draw, repay, and redraw funds as cash flow demands.
- Interest-Only on What You Use: Save money by only paying interest on the amount you withdraw.
- Rapid Access to Funds: Get pre-approval and funding often within 48 hours.
- Builds Credit Profile: Demonstrate responsible borrowing and repayment to strengthen business credit.
How Our Unsecured Line of Credit Works
- Quick Application: Complete our streamlined form online. We evaluate your business performance and credit history to issue a credit line tailored to your needs.
- Fast Approval: Receive a credit decision in as little as one business day. Your approved limit becomes available immediately.
- Draw Funds: Access funds through your dedicated portal or by request. Choose exactly how much you need, when you need it.
- Flexible Repayment: Make minimum monthly payments or pay down principal faster—eligible funds return to your available balance once repaid.
Why Choose Nationwide Funding Solutions?
At Nationwide Funding Solutions, we understand that cash flow fluctuations are part of running a business. Our unsecured line of credit offering is designed to give you peace of mind and rapid access to capital:
- Personalized Service: Dedicated funding specialists guide you through every step.
- Transparent Terms: No hidden fees, clear repayment schedules, and straightforward agreements.
- Competitive Rates: Benefit from market-leading rates designed for growing businesses.
- Tailored Credit Limits: Receive the exact working capital you need, from small operating lines to substantial credit facilities
Don’t let financing constraints stall your momentum. Contact our team at Nationwide Funding Solutions to unlock an unsecured line of credit today and manage your working capital with confidence.
Frequently Asked Questions
How do I qualify for an Unsecured Line of Credit?
Qualification is based on your business revenue, cash flow history, and credit profile. We focus on sustainable repayment capacity rather than collateral value.
What are the typical credit limits?
Our line of credit unsecured limits range from $10,000 to $250,000, depending on your business size and financials.
Can I use the funds for any business purpose?
Yes. Use your line of credit to cover payroll, marketing campaigns, equipment purchases, or emergency expenses—no restrictions.
Is there a draw fee or annual fee?
We charge a minimal draw fee per withdrawal and an annual facility fee. All fees are disclosed upfront in your agreement.
Can I increase my credit limit later?
Absolutely. As your business grows, you can request a credit line increase. We review updated financials to adjust your limit.