Best Unsecured Commercial Financing Options

If you own your own business then you are aware of the endless need for commercial financing to meet your business’s needs and best serve your customers. Most businesses do not have large amounts of money one hand to make big purchases, this is why they need to look into their commercial financing options. Approval for commercial financing is typically easy for larger businesses but for those smaller businesses they often need to look into commercial financing with SBA loans.

What is commercial financing?

Commercial financing is offered by banks or other lending institutions in the form of a loan to a business. Lenders typically offer commercial financing to businesses that have assets to secure the loan. Assets that can be used to secure a loan include real estate, equipment, supplies, and receivable invoices. However, there are unsecured loans available to businesses at are eligible, the lender bases this approval on the regular cash flow coming into the business.

Common uses for commercial financing

  • Equipment and supply purchases
  • Real estate purchases
  • Meet payroll obligations
  • Investments
  • Renovations
  • Expansions
  • Construction
  • Start new projects

The uses for commercial financing are endless, a loan is used to help the business meet their cash flow needs and create new working capital.

Terms and conditions of commercial financing

Interest rates and commercial financing loan terms vary with each individual business, the amount of the loan and the lenders requirements. Most lenders leave the interest rate up for negotiation. With secured commercial financing loans any assets put up on the loan can be seized and sold to cover the cost of the loan if the borrowing business fails to meet their repayment obligations.

How to get commercial financing
  1. Find a lender that offers commercial financing
  2. Make sure your business meets the lenders requirements
  3. Submit an application
  4. Negotiate the terms and conditions of the loan
  5. Sign the contract and set up a repayment schedule
Kayleen M
Kayleen M
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American Business Credit exceeded my expectations! They were so helpful from the very beginning of the process to the end. Everyone I came into contact with were very professional and had valuable incite to help me with any hesitations and questions that I had. I am very impressed with the service they provided. Craig Johnson was my main advisor through this process and I would high recommend him based on his expertise, guidance, and service he provided to me as a client. Any financial needs I have in the future I will be a returning customer of American Business Credit. Thank you Craig for all your hard work.
Derek J
Derek J
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American Business Credit was extremely knowledgeable, professional, and helpful from start to finish. My loan processor Craig was extremely helpful, answering all of my questions as they arose. They delivered the exact results promised during our first call in a timely manner. Highly recommend.
Eduard A
Eduard A
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I am so glad I found ABC, every company or lender I talked to told me we needed to have revenue on our business to get a loan, well we are a start up, and need the loan to get started generating revenue. ABC was able to get us funded at great rates in a short amount of time. I definitely plan on using them again as our business grows!
Erik R
Erik R
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Amazing! Kina Jackson was sooooo helpful and made the process a breeze! We weren't sure what we could get as a start-up and needed a ton of equipment to get our business going. Kina dug deep and found us what we needed to fund our equipment needs and we can't thank her enough! Thanks again Kina and American Business Credit! Stop by the store next time you're in Vegas! - Erik Rogers, Veg-In-Out Market
Cassandra M
Cassandra M
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Kina was amazing to work with. As a new business owner and limited credit history, she really went to bat to ensure my business plan was heard by the lenders, so they felt confident in investing with me. Highly recommend!!

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