If you’re a new small business owner requiring a loan to get your business off the ground and where it needs to be financially, but you haven’t accumulated collateral to borrow against in the event that your business suffers a downfall, you may find yourself in a situation where getting a small business loan without collateral seems nearly impossible.
Starting a business with no money and no collateral to secure a business loan can be tough. However, there are ways around getting a business loan without collateral by implementing the following tips. With so many lending options available for small businesses to grow and flourish, you can easily get your business on its feet.
In an ideal world, you’d be able to determine the exact average small business loan interest rate in order to scope whether a financial institution is taking you for a ride or being extremely generous. Unfortunately, there is no such thing as one specific average interest on a small business loan or even an average SBA loan interest rate due to many contributing factors.
Could you use additional funding to expand your business? Are you ready for a business loan? Are you intimidated by the application process or scared you won't get approved? If you've screamed "YES!" in your head to any of these questions, Lendability+ may be the perfect tool for you. Your Lendability Report takes the guesswork out of your loan decision by showing you how you look to lenders and assessing your readiness to take the plunge and apply for that loan.
1900 Campus Commons Drive
Suite 200
Reston, VA 20191
StreetShares operates in California under CFL License #60DBO 44064.
Copyright © 2020 StreetShares, Inc. All Rights Reserved
All terms subject to approval. All information is for informational purposes only. Please see your StreetShares representative for more details. This does not constitute an offer to sell or the solicitation of an offer to buy any securities.
Veteran Business Bonds (also known as “StreetShares Notes”) are securities offered by StreetShares, Inc. pursuant to a qualified Regulation A offering statement with the Securities and Exchange Commission (“SEC”). Neither the SEC nor any state securities regulator has passed upon the merits of this investment, and no investment decision should be made without reviewing the offering statement, including any amendments and supplements, on the SEC EDGAR website. Veteran Business Bonds are a non-deposit investment product and are not FDIC insured, not guaranteed, and may lose value. Veteran Business Bonds may not be redeemed prior to their maturity date, which shall be the third anniversary of the issuance date of each bond. StreetShares may, at its discretion, consider requests by an investor to redeem or withdraw their Veteran Business Bonds prior to maturity but is under no obligation to do so. StreetShares, Inc. does not provide investment, legal, or tax advice. You are urged to consult your investment, legal, and/or tax professional before making any investment decision. Nothing contained herein shall be relied upon as a promise or a representation of past or future performance. For informational purposes only. THIS DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES. See Offering Statement, including any amendments and supplements, and related SEC Filing Documents. Copyright © 2020 StreetShares, Inc. All Rights Reserved.