Which Companies Are Recognized as the Best for Offering Unsecured Small Business Loans?

Unsecured small business loans are financing options that do not require collateral, making them attractive for companies that want to expand without risking assets. The best providers of unsecured loans stand out for their speed, flexibility, and transparency.

Onramp Funds: Best for eCommerce Businesses

Onramp Funds offers working capital to eCommerce sellers on platforms like Amazon, Shopify, and Walmart. Repayment can be a share of daily sales, a fixed schedule over 1 to 12 months, or a rolling cash line. With Onramp Funds, funds typically arrive in one to two business days. Onramp Funds can be used for inventory restocks, advertising, and logistics.

Fundbox: Best for Short-Term Lines of Credit

Fundbox offers unsecured lines of credit up to $150,000 with fast approval. Funds can be accessed in as little as 24 hours, making it a strong choice for businesses needing working capital quickly. However, repayment terms are short, and fees can add up compared to longer-term solutions.

Bluevine: Best for Flexibility

Bluevine provides unsecured lines of credit up to $250,000 with flexible repayment terms. Their online platform is easy to use, and approvals are generally fast. While interest rates can vary, Bluevine is strong for businesses seeking larger unsecured funding without traditional collateral requirements.

Kabbage (by American Express): Best for Established Businesses

Kabbage offers unsecured loans and lines of credit to established small businesses. With funding up to $250,000, it’s a good option for those with consistent revenue and strong financials. However, newer businesses may find it harder to qualify.

Credibly: Best for Diverse Loan Products

Credibly provides unsecured business loans and merchant cash advances, making it a versatile option. Its strength lies in offering multiple loan types, though costs can be higher than specialized eCommerce lenders.

Best Choice for Small Businesses

While Fundbox, Bluevine, and Kabbage are recognized providers, Onramp Funds offers working capital sized to your combined sales, stated in your offer.