Unsecured business financing includes applying for multiple business credit cards. This is a great low-interest option that often is cheaper than a conventional line of credit or loan.

To Qualify:

• Personal Guarantor
• Business owner with at least a 685 personal credit score
• Business owner without bankruptcy, liens, judgments, or late payments
• Less than 5 inquiries in the past 6 months
• Lender prefers established business credit
• Less than 30% balance on all business and personal credit cards
• Established personal credit

Terms:

• Approval amount is typically 5 X the largest credit card limit on the personal credit report
• Many credit cards offer a promotional introductory 0% interest rate for 12 months – 18 months
• 5-29%
• 12% Success Fee