Unsecured business loans are an ideal way to bring extra capital into your business without having to put your assets at risk.
If you have been trading for at least 2 years, NGI can offer unsecured business loans of between £10,000 and £250,000 at rates starting at just 8%, depending on your credit rating.
What can you use an unsecured business loan for?
You can use the loan as a stopgap to boost your cash flow, pay off an overdraft or to invest in your business. There are many other ways that you can support your business with an unsecured loan, including: purchasing new equipment or software, launching a marketing campaign or expanding into new premises.
Take advantage of the summer surge
Many businesses will experience a boost in sales during the summer, which can be difficult to plan for. Having easy access to working capital can help you to make the most of the summer boom, enabling you to buy additional stock and market your summer deals effectively.
What are the benefits of an unsecured business loan with NGI Finance?
An unsecured business loan doesn’t require you to put up your personal or business assets as collateral. Instead, NGI Finance will assess your creditworthiness and offer you a rate that’s tailored to your business. This makes unsecured loans a great option for businesses that don’t have assets available to secure lending against.
Because NGI Finance have access to a wide range of lenders we can offer you a choice of products, often at better rates than your bank can provide. This means that an unsecured loan can be a lower cost option than an overdraft or bank loan.
Despite the uncertainty that Brexit has caused in financial markets, NGI Finance has access to a wide range of well capitalised lenders. Enabling us to offer SMEs great rates and expert advice, helping you to finance your business in the way that suits you best.
With 45 years of experience in the finance industry, NGI specialise in providing flexible finance solutions that meet the needs of businesses. Contact us to find out how we can support your business with an unsecured business loan.