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Secured loans are different from unsecured loans in one key way. Secured loans require you to use an asset to secure the loan.

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Unsecured business loan is a funding option which was made to help small business owners who do not have collateral like business equipment, inventory or any other asset which they can lend to borrow money for their business needs. The credit requirements are very low so it is the most suitable option for clients seeking for unsecured business loans with bad credit.