What Are Unsecured Business Loans?
An unsecured business loan is a short-term finance option for businesses that don’t want to guarantee something they own (collateral) to the lender if they can’t repay. So with an unsecured business loan, your assets are safe, as ownership can not be taken if the loan isn’t able to be repaid. Because there is no security, they’re riskier for the lender which is reflected in the repayment rates and period.
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Advantages of unsecured loans
There are so many benefits for your company for choosing unsecured business finance. If you want a quick injection of cash for your business without needing the security of an asset, an unsecured business loan offers a fast, flexible, easy funding solution without having to give up control over any of your assets. This in turn negates the need to have to pay for valuation fees and also enables us to organise for your application to be approved and your funds paid into your bank faster.
How do unsecured loans work?
Unsecured business loans work on the simple principle of being able to borrow money without needing to have any collateral to act as security. The application process is relatively simple and we can often organise for funds to be transferred within 24 hours from your initial enquiry. (This of course is dependent on the speed on which you provide us with the required documentation)
Apply now to get funded, or call us on 0207 101 3880
Typical reasons why our customers want unsecured loans
Staffing
Your business' success is dependent on recruitment. However, there can be large costs involved with growing your workforce. An unsecured business loan can help you with these costs.
Equipment finance
Your business needs quality equipment in order to carry out work. Financing your equipment purchases takes the stress away from you by protecting your cash flow
VAT Loans
Use an unsecured business loan to finance your VAT bill. Use the funds to pay HMRC helping you meet payments and avoid crippling penalties. Repay in affordable monthly installments.
Expansion funding
The success of your business is an exciting thing that high overheads should not diminish. As your business grows, your business expenses will rise alongside. Unsecured business loans can be used to cover these costs.
Cashflow
It is always beneficial to keep money within your business, if you happen to encounter any unexpected costs. Protecting your cash flow allows you to spend money on things that really need it, without losing liquidity.
Inventory purchases
Buying stock in bulk is an excellent way to save money for your business, and allows you to always meet demand. Funding additional inventory purchases with an unsecured business
APPLY NOW
90% of applications
are approved
What Happens Now?
Fast, simple application process
1.Apply online in minutes
2.Approval
3.Receive your funds within days
4.Watch your business grow
Borrow from £1’000 to £1 million
Flexible repayments
No security or collateral required
Application information:
We do not need to carry out a credit check for you to receive your provisional quote. Once your application has been approved in principle and you have confirmed that you wish to proceed, a ‘soft search’ will be then be completed in line with responsible lending regulations. The search is not visible on your credit score. Also, you do not need to provide any security or collateral and we don’t even need to see any form of business plan. That’s why our unsecured business finance facility is flexible and fuss free!
Apply now for your unsecured business loan
Want to chat? Call us on: 0207 101 3880
We connect business to business by working in collaboration with our clients and partners.
Wedge.co.uk has been helping businesses since 1998 and is now part of the Alliance Business Group Ltd.
2nd Floor, 17 King Edwards Road, London, HA4 7AE 0207 101 3880
We adhere strictly to data protection laws and look after your details carefully. This policy describes how we collect, use and look after the information you provide us when you enquire about and use our services.
This policy may change from time to time as our processes change over time, which will be reflected in this document.
The information we collect includes:
1. Any details you knowingly provide us with.
2. Your marketing preferences.
3. Your IP address, browser type and browsing activity whilst on our website. Your IP address is a string of numbers unique to your computer that is recorded by our web server when you request any page or component on the website.
4. We may also store information about you using cookies (files which are sent by us to your computer or other access device) which we can access when you visit our site in future. We do this to recognise you and your preferred settings, and it saves you from re-entering information on return visits to the site. If you want to delete any cookies that are already on your computer, please refer to the instructions for your file management software to locate the file or directory that stores cookies. Information on deleting or controlling cookies is available at the About Cookies website.
We supplement the information we collect from you with publicly available information from 3rd parties to assist with providing services to you. Any personal information we collect about you will be used in accordance with the data protection laws.
The details we collect will be used:
1. To process your enquiry and to provide future services.
2. To keep you up to date with the latest information. You can opt-out at any point.
3. To personalise content on our website.
4. To carry out market research.
5. For the collection of case studies about our customers.
6. To tailor our services better to your needs.
How we use your data Lawful basis
To provide you with the services you have requested.
To manage our relationship with you. This is in our legitimate interest of keeping you informed of our available products and services and keeping our records up to date and is necessary to comply with the legal and regulatory requirements that apply to us.
To provide you with information about our products and services This is in our legitimate interest of keeping you informed of our available products and services. You may opt-out at any time.
To provide you with a recommendation for any other products and services that may be relevant to your own requirements, it may be necessary for us to pass on your details to our partner companies. (only after receiving your specific approval)
We may be able to further offer you products and services. This is in our legitimate interest to ensure that the documentation remains appropriate for your needs. To run our business in an efficient and proper way. This includes managing our financial position, business capability, planning communications, corporate governance. This is in our legitimate interest to fulfill our legal and contractual duties efficiently.
Disclosing your information
Here’s when we disclose information about you:
To search the files of external data bureaus in order to verify your identity and contact information. When we (or any 3rd party acting on our behalf) are legally compelled to or have a duty to the public to disclose.
Any personal data you provide to us during the course of an enquiry where you have not specified that you do not wish to be contacted in future will be retained and processed in order that we can keep you up to date with our services.
If you notify us that you do not wish to be contacted (either at the point of enquiry or subsequently) Where you have provided consent for us to process your data, you have the right to withdraw the consent. If you believe that we are not processing your information correctly you should contact our Data Protection Officer.
We are committed to protecting the confidentiality and security of your information. As such any information collected via our website is encrypted and delivered to us through a secure environment and protected using robust security methods. We maintain a comprehensive information security management system which ensures industry standard technical and administrative controls are in place for the protection of customer data.
Please note that there is no guarantee that any email sent will be received, or that the contents of any such email will remain private or unaltered during Internet transmission. For this reason we will not include any of your personal information by email without your prior permission, but will usually respond to your enquiries by telephone or post. If you have any such concerns, you may prefer to telephone or write to us instead.
We accept no liability for any damages you or others may suffer as a result of the alteration or loss of confidentiality of any such information.
We reserve the right to monitor the use and content of emails which are sent from and received by us for the purposes of ensuring compliance with our own email policy, and identifying and taking action against unlawful or improper use of our systems, including, but not limited to, spoofing, the transmission of computer viruses and a denial of service attack.
This privacy policy only covers this website. Any other websites which may be linked to by our website are subject to their own policy, which may differ from ours. Reproduction of the pages of this website in whole or in part without our prior written consent is strictly prohibited unless carried out for private, non-commercial viewing purposes.
Whilst we take all reasonable steps to ensure this website is always accessible we will not be held liable if, for any reason, the website is unavailable for any period.
We may also have to suspend access to the website for routine or emergency updates and maintenance, but we will endeavor to keep any disruption to a minimum. In ad
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